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24th April 2016, 04:15 PM
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How can I get an Education Loan of Rs. 5 Lacs without security deposit to study B.Sc in Denmark?


Dear Friends,
I am from Mumbai and I have completed my Intermediate. I intended to take admission in Denmark for B.Sc course. My fees is around Rs. 8.6 Lacs. I want an Education Loan of Rs. 5 Lacs without any kind of security deposit. My father is working in a Hotel and he is earning Rs. 20,000 per month. Please send me the details has soon as possible.




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26th April 2016, 08:56 AM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How can I get an Education Loan of Rs. 5 Lacs without security deposit to study B.Sc in Denmark?

There is no need to keep any security deposit or mortgage in order to take education loan of 5 lakhs. This is because you need to keep mortgage only for loan above 7.5 lakhs. You can easily take education loan once you get admission in a recognised institute and comply with the norms of education loan. However, you will need third party guarantor in order to get a loan of 5 lakhs.
 
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