#1  
9th December 2015, 06:07 PM
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Education Loan to study MBA without security and guarantor for an Orphan?


Hello,
This is Vikash from Patna and I am an orphan. How will I get education loan for my MBA education in India which fees cost around Rs. 6.5 Lacs, where I cannot provide any guarantor and security.
With Regards-
Vikash Kumar





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  #2  
13th December 2015, 12:37 AM
palugulavenumadhav
Senior Member+++++
 
Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Education Loan to study MBA without security and guarantor for an Orphan?

Generally, banks offer educational loan of Rs.4.5 lcas without any security. But above Rs.4.5 lacs one must keep collateral security equal to loan amount.

The candidate can avail educational loan of Rs.4.5 lacs being an orphan without any security. But for Rs.6.5 lacs the banks will ask for any form of security deposit or any third person guarantee.

Without any security or third person guarantee one cannot avail educational loan amount of Rs.6.5 lacs.
  #3  
19th July 2023, 09:40 PM
Unregistered
Guest
 
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Default Re: Education Loan to study MBA without security and guarantor for an Orphan?

Can i avail rs 200000 lacs education loan without gurantee
Do you have any question? or have anything to say?



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