#1  
1st September 2014, 01:49 AM
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Education loan for poor student who don't have mortgage?


I am a poor family student also not that much good but still able to scoe 60 all times. Please help me getting and education loan i dont have any mortgage or something like that




  #2  
25th June 2015, 03:50 PM
palugulavenumadhav
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Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Education loan for poor student who don't have mortgage?

Generally, the loan up to Rs.4 lacs any mortage or collateral security is not necessary. For loans above Rs.4 lacs and below Rs.7.5 lacs banks will ask for third person guarantee. All documents have to signed by the parent/ guardian and student. The loans above Rs. 7.5 lacs one must keep collateral security.




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