#1  
8th October 2016, 02:08 PM
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Can I apply for an Education Loan in IndusInd Bank for my son's education? Expenses covered under this Education Loan policy?


I want to know that I can apply an Education Loan for my son's education in IndusInd Bank? I have an Account in this Bank. Can I know what expenses can be covered in this Education Loan?




  #2  
30th October 2016, 07:19 PM
Blessmegod
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Default Re: Can I apply for an Education Loan in IndusInd Bank for my son's education? Expenses covered under this Education Loan policy?

You can apply for Education loan if you have account in IndusInd Bank. You will have to submit following documents for education loan from this bank:

*Loan letter from college.

*Whatever expense is covered under loan letter issued by college bank will finance you that amount like tuition fee, hostel fees, library charges, laptop etc.

Upto 4 lacs of rupees of education loan, there is no need of either guarantor nor collateral. For Education loan above 4 lacs to 7.5 lacs, you will require a guarantor for sanction of education loan. For education loan above 7.5 lacs, collateral is required.
  #3  
24th May 2019, 09:37 PM
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Default Re: Can I apply for an Education Loan in IndusInd Bank for my son's education? Expenses covered under this Education Loan policy?

I need education loan for my MBA program. What are the documents required? Do I need to have a guarantor or co obligator for the loan to be passed?
Do you have any question? or have anything to say?



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