#1  
3rd April 2017, 10:37 AM
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Possibility to apply for an education loan against of Shares? Is it quick and convenient loan processing?


Hello sir, I am a Share holder of a company and want to apply for an education loan for my son. Please tell me can I apply for an education loan against of Shares? Is it quick and convenient loan processing?





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  #2  
9th April 2017, 11:20 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Possibility to apply for an education loan against of Shares? Is it quick and convenient loan processing?

You can become a guarantor of the education loan for your son. Most of the banks ask for a guarantor, if loan amount is not to big. Collateral security will be asked, if education loan is very big.

Hence, if you are working with a good salary and age is below 50 years, then your son should get education loan without any issues.
Do you have any question? or have anything to say?





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