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  #1  
26th March 2017, 09:48 PM
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How to get an education loan if my father have no monthly salary bank statement?


Hello, I want to study Diploma in Nautical Science course. My father is a farmer and he has no any property. My father has no monthly income so, he doesn't have any regular salary bank statement. So, bank don't providing me an education loan. What should I do for an education loan?




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  #2  
28th March 2017, 09:32 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: How to get an education loan if my father have no monthly salary bank statement?

If your father does not have monthly salary bank statement then, you can submit your father's IT returns. In case, if your father does not have IT returns, then you can ask any of your relatives or neighbours to be witness for your education loan else, the bank will not offer you an education loan without submitting income proof. And if you are applying for an education loan of more than 10 lakhs, you need to submit collateral security documents to get an education loan for pursuing your higher studies.
Do you have any question? or have anything to say?



« Documents required to apply for an education loan of 10 lakh at SBI? Is course name and place of college required for it? | How to approach SBI bank for an education loan? Should I go for local branch or regional head office? »

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