|
#1
20th October 2018, 02:04 PM
|
|||
|
|||
Details of Collateral Security in IndusInd Bank Education Loan scheme for study MBA in Abroad?
Hello, I am interested to apply for an education loan in IndusInd Bank for studying MBA course in Abroad. After searching alot I didn’t understood about Collateral Security. Can I know about this Collateral Security of Education Loan in IndusInd Bank?
|
|
#2
11th August 2022, 05:50 PM
|
|||
|
|||
Re: Details of Collateral Security in IndusInd Bank Education Loan scheme for study MBA in Abroad?
Those who want to study abroad can apply for education loan upto INR 20 lacs .
They have to submit immovable property documents equal to 100% of loan amount as collateral security to bank for getting an education loan. It could also be inform of non agricultural land , vehicle, bungalow, shop , house, apartment etc No collateral security is required for loan upto INR 4 lacs For loans above 7.5 lacs both collateral security as well as third party gurantee is required. |
|
|
|
|
Education and Career Forum
