Education and Career Forum

Hello friends, I have a general stationary store and earns about Rs. 25000 per month. My son wants to study BTech and I am looking for the education loan. So, kindly help me to get an education loan for higher studies of my son.

Those who have got confirmation letter from bank can apply for loan.
On an education loan upto Rs 4 lacs there is no collateral security.
For loans above 7.5 lacs both collateral security and third party gurantee is required.
For loans upto a particular sum , banks offer loan without requiring collateral or security.
One has to pledge collateral which could be any property and financial assets such as house , agricultural land , property etc.
Those who want to take loan can apply for loan from bank.