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  #1  
23rd February 2016, 12:58 AM
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Is it possible to make my Brother-In-Law a guarantor against an education loan if my father died?


Respected Sir,
I want to get an educational loan for doing MCA. But my father is passed last year and I am the only son having one sister who is married. So, in this case is it possible for me to provide my brother-in-law as a guarantor to get an education loan?




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  #2  
27th February 2016, 07:30 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is it possible to make my Brother-In-Law a guarantor against an education loan if my father died?

Yes, you can definitely make your brother-in-law as the guarantor of your education loan. There is no problem in this, anyone can become the guarantor of the education loan. However, he/she should provide all the requisite documents to the bank like income tax certificate, property details, etc. and should sign on the loan documents. Anyone who has a stable source of income or property as per the loan amount can become the guarantor in the loan process.
Do you have any question? or have anything to say?



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