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#1
27th June 2019, 07:30 PM
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ICICI Bank Collateral Security Scheme of Bank Education Loan for Journalism aspirant?
Hi Sir, I have completed my 12th with Science stream and I am looking to get admission in any Journalism institute for undergraduate program. I haven’t taken any education loan yet. I have search about ICICI Bank education loan for me. I came to know that there is some collateral security term for getting loan from this Bank. I don’t know about this term. Can you get me know about this security while getting an education loan?
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#2
29th June 2019, 08:15 PM
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Re: ICICI Bank Collateral Security Scheme of Bank Education Loan for Journalism aspirant?
ICICI Bank Collateral Security Scheme of Bank Education Loan for Journalism aspirant;
Loan up to Rs. 4 lacs: Co obligation of parents and no security Loan above Rs. 4 lacs and up to Rs. 7.5 lacs: Co obligation of parents along with collateral in the form of suitable third party guarantee equal to the loan amount Lian above Rs. 7.5 lacs: Co obligation of parents along with collateral in the form of suitable third party guarantee 100% of the loan amount and assignment of the future income of students for payment of loan amount is required. |
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