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  #1  
4th September 2016, 09:45 PM
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List of securities on which a bank can grant an education loan


Hello sir, I have passed 12th with Science stream and want to study technical course. But, I don't have money so I want to apply for an education loan. Please provide me list of securities on which a bank can grant an education loan




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  #2  
11th September 2016, 01:31 AM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: List of securities on which a bank can grant an education loan

Securities are needed to be mortgaged when you opt for education loan above 7.5 lakhs. The securities which can be mortgaged for education loan are :-

- Land
- Building
- Government Securities
- Public Sector Bonds
- NSC
- KVP/LIP
- Bank Term Deposit
Do you have any question? or have anything to say?



« What should I do if bank refuses to grant me education loan against agricultural land? | Can I apply for an education loan for my nephew? »

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