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  #1  
25th November 2017, 05:40 PM
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Is it possible to get an Education Loan without own house or land for security?


Dear Sir, I have completed my degree in Gulbarga university but I don't have money to pay for mba admission and I want loan from any bank and I dont have own house or land for a surety, then it is possible to get loan or not? I want 3 lac rupees for study and will definitely cover your money within the 2/3 years.




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  #2  
25th November 2017, 06:40 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Is it possible to get an Education Loan without own house or land for security?

Yes, it is possible to get an education loan without own house or land for security. To be eligible to apply for an education loan, you should have secured admission in any course in a recognised college/ university. No security is required to get an education loan of upto Rs. 4 lakhs. Since, you require only 3 lakhs of education loan, no security is required for getting an education loan and you have to submit documents like Admission Letter, Income Proof, Address Proof, Identity Proof, etc., to bank for processing your education loan.
Do you have any question? or have anything to say?



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Possibility to get education loan in security of Agricultural land for Pilot training in abroad? What are the instructions for land mortgage? 1 4th March 2023 01:41 PM
Chances to get education loan in security of house if already taken loan in security of it? 1 19th September 2017 08:37 PM
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Can I get an Education Loan of Rs. 20 Lacs against Land agreement papers as a Collateral Security? What is the minimum value of land for this Loan? 1 22nd April 2016 12:42 PM
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