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15CB & CA

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(Querist)
28 June 2010 Whether educational loan for pursuing courses abroad require certificate in form 15cb and 15ca? The banker is insisting to get the certificate. Clarification will help us a lot. Thank u
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
28 June 2010 Foreign Remittance upto certain amount is allowable by bank for education bank. The limit have to be enquired by the bank.

If the same exceeds that amount then the same will require form 15CB & 15CA.
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