Education and Career Forum

I am interested to apply an education loan in IDFC Bank. But I would not be able to provide a guarantor. But my friends told me that guarantor is necessary for applying an education loan. So, I would like to know that I can apply for an education loan in this bank without a guarantor?

No, you can't apply for education loan without a guarantor at IDFC bank. In fact, no bank will allow education loan without any guarantor because these kinds of loans are an unsecured loan. There should be some security like guarantor and collateral for such loans.

Banks will never give education loan without any security and you must have someone from your family to become the guarantor.