#1  
11th December 2021, 08:35 PM
Unregistered
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Collateral Security available under Education Loan scheme of Jammu & Kashmir Bank for BTech aspirant?


Hello friends, I would like to know that if I am going to apply an education loan in Jammu & Kashmir Bank for studying BTech, then what kind of collateral security is there in this Bank education loan? Actually, I am going to apply for an education loan in this bank so I wanted to know about the collateral security.




  #2  
12th December 2021, 11:38 AM
Zainab Fatima8
 
Join Date: Dec 2021
Posts: 562
Default Re: Collateral Security available under Education Loan scheme of Jammu & Kashmir Bank for BTech aspirant?

No Collateral security available under Education Loan scheme of Jammu & Kashmir Bank for BTech aspirant.
  #3  
12th December 2021, 12:42 PM
Ayesha baig
Senior Member+++++
 
Join Date: Oct 2021
Posts: 3,305
Default Re: Collateral Security available under Education Loan scheme of Jammu & Kashmir Bank for BTech aspirant?

No there is no Collateral security available under Education Loan scheme of Jammu & Kashmir Bank for BTech candidates.
  #4  
12th December 2021, 08:45 PM
Hera tabrez
Senior Member+++++
 
Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Collateral Security available under Education Loan scheme of Jammu & Kashmir Bank for BTech aspirant?

Collateral Security available under Education Loan scheme of Jammu & Kashmir Bank for BTech aspirant :_

Maximum loan with collateral
INR 20 lacs for India
INR 30 lacs for abroad

Maximum loan without collateral
For India it's 20 lacs and for abroad INR 30 lacs.

Repayment period is 15 years.

From 4-7 lacs third party gurantee is required

Above 7.7 lacs collateral security is equal to loan amount.
There is no processing fee for Indian instructions.
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