#1  
10th July 2019, 06:49 PM
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Can I get Bank Education Loan to study MTech without guarantor being an employee of Infosys?


Hello, I have completed my BTech and working in Infosys. But now I want to study MTech. My problem is, I am not financially strong, so I want to take bank education loan for my MTech course. I have all the documents with me but I don’t have any guarantor. So, I get bank education loan?




  #2  
15th July 2019, 05:05 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Can I get Bank Education Loan to study MTech without guarantor being an employee of Infosys?

No, you can't get education loan without a guarantor at any bank or financial institutions in India. You must have a person from your family or relation to become a guarantor. Also, the person should be earning a decent income.

Education loan is an unsecured loan and banks will surely ask for a guarantor even if you are earning well. They do it just for the security of the loan.
Do you have any question? or have anything to say?





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