#1  
12th February 2018, 02:30 AM
Unregistered
Guest
 
Posts: n/a

Can I apply for educational loan without having my own property?


Can I apply for the educational loan without having an own property? Why will they not give? I heard it's difficult. Is it true? Can you please let me know what should I do? Which banks will give the loan without own property available? I need to complete my studies somehow.




  #2  
19th February 2018, 08:20 PM
ajayrocks007
Senior Member+++++
 
Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Can I apply for educational loan without having my own property?

If you don't have any property, then there should be a guarantor which can be your parents or any blood relative. Without collateral, it will be difficult to get big education loans.

Banks don't offer education loan, if they don't have any security with them for future recovery, in case of default.
Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
Can I apply for an Education Loan in IndusInd Bank for my son's education? Expenses covered under this Education Loan policy? 2 24th May 2019 08:37 PM
Maximum Loan amount to be taken in State Bank of India Education Loan? Interest rates against this Education Loan? 1 9th November 2016 08:20 PM
What kind of features are available in an Education Loan scheme to study Post Graduation in Abroad? Is it possible to pay education loan amount after completion of education? 1 12th March 2016 06:57 PM
How can I get Bank Education Loan of Rs. 16 Lacs to study MS in UK? Can I repay Loan after getting job? Do I have to Mortgage the property to apply for Bank Education Loan? 1 9th April 2015 12:34 PM



Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
Please also check: