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  #1  
24th April 2018, 05:39 PM
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Is LIC Policy acceptable against Collateral Security under Corporation Bank Education Loan Scheme?


Hello everyone, I have a Life Insurance policy. I want to apply an education loan from Corporation Bank. I am interested to study BTech with the help of an Education Loan. So, I would like to know that this bank avail an education loan with LIC policy as a collateral security?



  #2  
11th June 2018, 12:33 PM
ppsahu
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Join Date: Apr 2018
Posts: 12,628
Default Re: Is LIC Policy acceptable against Collateral Security under Corporation Bank Education Loan Scheme?

Yes, you can get an education loan with LIC policy as a collateral security. LIC Policies and deposits are accepted as collateral for the loan.
Do you have any question? or have anything to say?



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