#1
25th November 2017, 06:40 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, 07:40 PM
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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.
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