|
#1
29th January 2017, 04:28 PM
|
|||
|
|||
Can a minor apply for an education loan at SBI worth rupees 10 lakh if have two lands in Greater Noida, Uttar Pradesh?
Hello sir, I have no parents except care taker and I am a minor. I have two lands in Greater Noida, Uttar Pradesh. Please tell me can I apply for an education loan at SBI worth 10 lakh?
|
|
#2
31st January 2017, 08:53 AM
|
|||
|
|||
Re: Can a minor apply for an education loan at SBI worth rupees 10 lakh if have two lands in Greater Noida, Uttar Pradesh?
Yes, a minor can apply for education loan for higher studies. However, there has to be a co-borrower along with you who should not be a minor. Even though you have lands and can take education loan by mortgaging them, still the bank will require a co-borrower and a third party guarantor for your education loan. It is one of the mandatory clause of education loan scheme and you need to abide by it.
|
Related Topics: |
||
| Thread | Replies | Last Post |
| How can I study Diploma in Hotel Management after completing 10th standard? Percentage required in 10th to do this course? | 9 | 20th June 2020 10:08 AM |
| Minimum percentage required in 10th to become a pilot and what to study after 10th? | 5 | 31st July 2015 07:05 PM |
|
|
Education and Career Forum
