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  #1  
24th April 2018, 05:36 PM
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Can I get an Education Loan to study MCA without guarantor being a Wipro employee?


Dear friends, I have completed my BCA and working in Wipro. I am earning Rs. 14,000 per month. But now I want to study MCA. My problem is, I am not financially strong, so I want to take an Education Loan for my MCA. I have all the documents with me but I don’t have any guarantor. So, I will get an Education Loan?




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  #2  
19th October 2022, 12:40 PM
Hera tabrez
Senior Member+++++
  
Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Can I get an Education Loan to study MCA without guarantor being a Wipro employee?

On confirmation of admission , one can easily apply for education loan.

For loans upto INR 4 lacs , no collateral security is required.
For loans exceeding 7.5 lacs both collateral security and third party gurantee is required.
Thus the limit of loan decided need of guarantor.
Thus you cannot get loan without guarantor in case the loan exceeds INR 4 lacs.
Do you have any question? or have anything to say?



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