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  #1  
11th December 2015, 07:25 PM
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How can I get an Education Loan of Rs. 4.5 Lacs to study B.Tech without security and guarantor?


Hello Sir,
I am Aniket from Chennai. I have only my mother with me and I am a 12th student. How will I get an Education Loan for my B.Tech education in India which fees cost around Rs. 4.5 Lacs, where I cannot provide any Loan security and guarantor?




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  #2  
7th January 2016, 11:10 AM
bhushankumar398
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Join Date: Jun 2013
Posts: 1,303
Default Re: How can I get an Education Loan of Rs. 4.5 Lacs to study B.Tech without security and guarantor?

Educational loan are provided to students who got admission in any professional course such as Engineering, Medical, Hotel Management etc. Yes, definitely you can take educational loan of 4.5 lacs from the bank.

>>There is need of third party guarantee if you take educational loan greater than 4 lacs. But you need to take 4.5 lacs loan without any loan security and guarantor. It is difficult to take loan without guarantor.

>>In my opinion you have to take the loan 4 lacs only from the bank. In that case you do not require any guarantor. It’s better to contact to the nearest bank branch for more details regarding this.
Do you have any question? or have anything to say?



« Which Bank offer Education Loan with low interest rate to study B.Tech? | Can I get an Education Loan again to study M.E. if completed B.E. with an Education Loan? »

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