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  #1  
26th August 2015, 02:50 PM
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Is it possible to apply for an Education Loan to study MS in Abroad for a candidate whose brother is an NRI?


Hello,
I am NRI, staying in Abu Dhabi. I need an Education Loan for my brother who want to do MS in Abroad. Please tell me can he apply for an Education Loan?




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  #2  
18th September 2015, 11:00 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Is it possible to apply for an Education Loan to study MS in Abroad for a candidate whose brother is an NRI?

Yes, definitely he can apply for an Education loan to study MS in Abroad. To get Education loan of more than Rs.7.5 lakhs, you need to provide Collateral Security to bank in the form of assets like Land, House, etc. After submitting Collateral Security and submitting required documents to bank, you can get education loan amount for pursuing MS course in Abroad.
Do you have any question? or have anything to say?



« Is Collateral Security mandatory to apply for Bank Education Loan except SBI? | What does Third Party Guarantee mean in Education Loan? Can my friend give guarantee? »

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