#1
21st October 2015, 12:45 PM
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How can I get Education Loan to study MCA if my father is an Handicapped person?
Hi,
I want to pursue MCA and need education loan for that but my father is handicapped person so he is not working. In this case how can I apply for an education loan? |
#2
23rd October 2015, 10:26 PM
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Yes, you can get Education Loan for studying MCA even if your father is an Handicapped Person. You can get Education Loan of Rs. 4 lakhs without any collateral security. To get Education Loan of more than 4 lakhs and less than 7.5 lakhs, your parents need to be joint borrowers. To get Education Loan of more than 7.5 lakhs, you need to submit any immovable property as a collateral security equivalent to loan amount to bank.
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