#1  
3rd October 2015, 05:03 AM
Unregistered
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How can I apply for an Education Loan to study MBA if my parents are retired and have no income?


Sir,
I have got admission in Autonomous B-School for MBA course. But I have require education loan which is not easy task for me as my parents are retired now and has no income. I cannot get education loan because Guarantor is required. I cannot put unnecessary burden on them. Is there any way out?





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  #2  
12th April 2018, 01:23 PM
Careerexpert
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Join Date: Dec 2013
Posts: 12,066
Default Re: How can I apply for an Education Loan to study MBA if my parents are retired and have no income?

Quote:
Originally Posted by Unregistered View Post
Sir,
I have got admission in Autonomous B-School for MBA course. But I have require education loan which is not easy task for me as my parents are retired now and has no income. I cannot get education loan because Guarantor is required. I cannot put unnecessary burden on them. Is there any way out?

You can apply for an education loan to study MBA even if your parents are retired from service. You can mortgage land or flat or house, etc. for an education loan. You should first contact any nationalized bank branch near your house for an education loan. The officer in the bank branch will guide you to get an education loan. Usually, education loans are offered to students on the basis of academic performance, future employability of the course, type of course and college, collateral offered, etc.
Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
How can I apply for an Education Loan to study MBA if my parents are retired and have no income? 1 17th December 2017 12:18 PM
Can I get Education Loan of Rs. 6 Lacs to study MBA if my father is retired? 1 22nd July 2017 01:09 PM
Is it possible to apply for Education Loan of Rs. 6 Lacs to study MBA if my father is retired pensioner and working in a Private Firm? 0 26th August 2015 01:50 PM
How can I apply for Education Loan if my parents are retired? 1 15th June 2015 10:00 AM



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