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  #1  
9th December 2015, 09:33 PM
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Can I apply for an Education Loan against Mutual Funds and Life Insurance Policy to study MS(Human Resource Management) in London?


Hello Everyone,
I have secured admission for MS in Human Resource Management course in London. I want to apply for an Education Loan immediately. I have Mutual Funds and Life Insurance Policy. Can I apply for an Education Loan with these two?




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  #2  
31st May 2017, 09:56 PM
MerajAmir
Senior Member+
  
Join Date: Jan 2017
Location: kolkata
Posts: 812
Default Re: Can I apply for an Education Loan against Mutual Funds and Life Insurance Policy to study MS(Human Resource Management) in London?

No, you cannot take education loan against mutual fund, but you can get an education loan against the Life Insurance policy. You will get an amount equal to the policy amount only. Suppose, you have insured for Rs. 8.50 Lac then you will get only Rs. 8.50 Lac as an education loan.
Do you have any question? or have anything to say?



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