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#1
24th April 2018, 04:36 PM
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Details of Collateral Security in Vijaya Bank Education Loan scheme?
Respected Sir, I am interested to apply for an Education Loan in Vijaya Bank. After searching alot I didn’t understand the term Collateral Security. Can I know about this Collateral Security of Education Loan in Vijaya Bank? Kindly tell me immediately.
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#2
30th June 2018, 06:42 PM
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Re: Details of Collateral Security in Vijaya Bank Education Loan scheme?
Details of collateral security in Vijaya Bank Education Loan Scheme are mentioned below :-
--> Upto Rs. 4 lakhs :- No collateral security required. --> Above Rs. 4 lakhs and upto Rs. 7.5 lakhs :- Collateral security in the form of suitable third-party guarantee is required. --> Above Rs. 7.5 lakhs :- Tangible collateral security of suitable value acceptable to bank should be provided. |
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