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  #1  
21st October 2015, 01:45 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?




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  #2  
23rd October 2015, 11:26 PM
Saikiranreddy47475
Senior Member+++++
  
Join Date: Jul 2013
Posts: 14,288
Default Re: How can I get Education Loan to study MCA if my father is an Handicapped person?

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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