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#1
12th February 2018, 02:30 AM
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List of items accepted for security of education loan? Possibility to get an education loan in security of my vintage car Ford 1950 model?
Hello sir, I want to take admission in degree course so, I need to apply for an education loan. Provide me the list of items accepted for security? Can I get education loan in the security of my vintage car Ford 1950 model? Awaiting for your answer.
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#2
20th November 2022, 10:16 PM
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Re: List of items accepted for security of education loan? Possibility to get an education loan in security of my vintage car Ford 1950 model?
Collateral of suitable value is required for all education loans exceeding Rs 7.5 lacs
Tangible assets- House, Apartment, Bungalow, shop, non agricultural land , vehicle etc Intangible assets- fixed deposit, life insurance, sticks etc. You can take loan against your vehicle , provided it's of such value that is can be accepted against loan, otherwise bank may reject and you have to provide some other security. |
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