text: i am an agriculture graduate from india,i wish to ro study horticulture from nz from where can i get a loan lo i already have a confirmed admission and i need to know more about obtaining a study loan and the procedures involved. also please tell me if the banks will also finance my boarding and lodging charges and other expenses??? canara bank is also an option other than sbi. vijaya banks also extend vidyarthi loans. be sure to take the loan only from a public sector bank and not a private one. while applying for a loan, students can include hostel expenses, the cost of books, equipment, and examination fees in the loan amount. students going abroad can also include airfare. loan limit. nationalised banks sanction student loans up to rs 3-5 lakh. this is higher for studies abroad-for instance, canara bank offers loans of up to rs 10 lakh.    * banks only disburse loans to account holders in the same bank.  * loans have to be backed with 100 per cent collateral in the form of immovable property or a mix of securities.  * banks may ask for more than 100 per cent collateral, but students are not obliged to give more.  * the chances of getting a student loan are lower if the parent/guardian is retired and does not have a steady source of income. this is because the bank has to be paid interest during the period of study. the bank could ask for a personal guarantee from a third party.  * the bank disburses the loan amount directly to the institute a student is admitted in.  * students have to provide the bank with mark sheets every semester/ year to show their progress through the course.   most nationalised banks sanction loans at the branch level, which means that the loan is usually disbursed in about 3-4 weeks. but if there is even a slight deviation from the norm-as defined by the bank -- in the course applied for and the mix of collateral, the loan may have to be cleared at a higher level.  all the best