24th April 2018, 05:36 PM
Posts: n/a

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 didnít understand the term Collateral Security. Can I know about this Collateral Security of Education Loan in Vijaya Bank? Kindly tell me immediately.

30th June 2018, 07:42 PM
Senior Member+++++
Join Date: Jul 2013
Posts: 14,288
Default 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.
Do you have any question? or have anything to say?

Related Topics:

Thread Replies Last Post
What would be my residential if I studied 1st standard to 3rd standard in Hyderabad and from 4th standard to 7th standard in Mumbai, from 8th standard to 12th standard in abroad? 1 22nd February 2018 12:31 PM
When will we get 4th standard scholarship result? 28 13th June 2012 04:54 PM

Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise.
Please also check: