#1  
17th June 2019, 01:00 PM
Unregistered
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Can I get an Education Loan to study MTech if taken Personal Loan and maintaining Credit Card?


Hello friends, I have a family Business. I have taken a personal loan and I am paying the interest regularly without any delay. I have also maintained a Credit Card. Now I am preparing for GATE and wants to study MTech. My question is, I still eligible for an education loan as I have mentioned my doubts above. So, I want to know about the chances.




  #2  
21st June 2019, 05:18 PM
Parvathi90
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Join Date: Dec 2018
Posts: 4,519
Default Re: Can I get an Education Loan to study MTech if taken Personal Loan and maintaining Credit Card?

Quote:
Originally Posted by Unregistered View Post
Hello friends, I have a family Business. I have taken a personal loan and I am paying the interest regularly without any delay. I have also maintained a Credit Card. Now I am preparing for GATE and wants to study MTech. My question is, I still eligible for an education loan as I have mentioned my doubts above. So, I want to know about the chances.

Yes, you can apply for an education loan to study MTech if taken Personal Loan and maintaining Credit Card. It is not mandatory to have one loan per person. You have to provide necessary security for getting an education loan. You have to check your eligibility and repaying capacity before applying for an education loan to study MTech. You can get an education loan based on your CIBIL score and current EMI status of the personal loan and credit card. Therefore, if your repaying capacity and credit scores are good, you can get an education loan to study MTech.
Do you have any question? or have anything to say?



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