#1  
23rd April 2017, 10:10 PM
Unregistered
Guest
 
Posts: n/a

Can I apply for an education loan against residential and commercial properties? Can it be mortgaged for taking education loan?


Hello sir, I have completed B.Tech in Mechanical engineering and want to study M.Tech and PhD from EIILM. Can I apply for an education loan against residential and commercial properties? Can it be mortgaged for taking education loan?




  #2  
26th April 2017, 01:53 PM
MerajAmir
Senior Member+
 
Join Date: Jan 2017
Location: kolkata
Posts: 812
Default Re: Can I apply for an education loan against residential and commercial properties? Can it be mortgaged for taking education loan?

Yes, you can take the education loan of Rs. 10 Lac (maximum) to study in India and Rs. 20 Lac to study abroad. The loan amount Up to Rs.4 Lac required no securities, but above Rs. 4 Lac you need to show the bank collateral securities in the form of Property, LIC of equal amount of loan, Land, Gold, etc.




Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
Is there any study centre in Kerala offering distance education in MSc Chemistry 1 15th February 2017 04:48 PM
List of companies offering 1 month Internship to B.Tech(CSE) candidate? 1 30th May 2015 02:57 PM
Companies offering 1 month Summer Training to B.Tech(Biotechnology) student? 3 25th February 2015 05:56 PM



Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise.
Please also check: