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#1
7th June 2016, 02:39 PM
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Between my father and mother who is eligible to become a co-applicant to apply an Education Loan if both are private teachers with earning of Rs. 20000 per month?
Dear Sir, My father and mother both are earning person and both are teachers in a private school. The earning of both is Rs. 20000 per month. I am preparing for JEE Main and looking forward to study B.Tech. But as my parents are not able to pay the fee of B.Tech course so I want to take Bank Education Loan. But, among them who is eligible to become a co-applicant for an Education Loan?
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#2
8th June 2016, 12:02 AM
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Re: Between my father and mother who is eligible to become a co-applicant to apply an Education Loan if both are private teachers with earning of Rs. 20000 per month?
You can take your father as the co-applicant because most of the property will be in his name which will make your case stronger. In case of big loans property will matter.
Hence, choose your father if he is willing to become a co-applicant for your B.Tech. You can apply for loan only after completion of admission procedure. |
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