25th August 2015, 05:45 PM
Posts: n/a

Is it possible to present my Brother-In-Law as a Guarantor to apply for Education Loan due to my father's death?

Dear Sir,
I want an Educational Loan for doing Master of Management Studies. My father has passed away so is it possible for me to attached my Brother-in-Law's Income Tax details as a Guarantor to get an Education Loan?

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10th November 2016, 10:18 PM
rachna sarswat
Senior Member+
Join Date: Aug 2016
Posts: 944
Default Re: Is it possible to present my Brother-In-Law as a Guarantor to apply for Education Loan due to my father's death?

If your loan amount is less than 4 lacs then there is no need of a guarantor. But if your loan amount is more than 4 lacs than surely your brother in law can become your guarantor for education loan. But make sure that he has all the needed documents. Thanks
Do you have any question? or have anything to say?

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