Yes, you will need an offer letter to apply for an education loan for a diploma course in Germany. Banks typically require proof of admission from a recognized institution before they approve the loan. Along with the offer letter, you will need to provide a detailed fee structure, co-applicant financial documents, and any collateral if the loan amount exceeds 7.5 lakhs. Once you have secured admission, you can compare loan offers from various banks to find the best interest rates and repayment terms.
Student-friendly private study loans for learners pursuing education from partner institutions with customized loan products through a fully digital loan process.
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