23rd October 2015, 01:11 AM
Posts: n/a

Assets for security to apply and get Bank Education Loan?

I want to know that what are the assets I have to present in Bank so that they can successfully sanction me an education loan? Please let me know asap.

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26th October 2015, 09:32 PM
Senior Member+++++
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Assets for security to apply and get Bank Education Loan?

The assets which you need to mortgage to the bank depends on the loan amount and the value of the asset. Mortgage is required for loan above 7.5 lakhs. The assets which can be mortgaged are :-

- Land
- House
- Vehicle
- Insurance
- NSCs
- Fixed Deposits
- Investments
Do you have any question? or have anything to say?

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