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21st April 2017, 11:10 AM
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Requirements of government banks for an education loan? Can they check credit worthiness?


Hello sir, I want to apply for an education loan for my son. Please tell me what are the requirements of government banks for an education loan? Can they check credit worthiness?





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  #2  
22nd April 2017, 11:31 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Requirements of government banks for an education loan? Can they check credit worthiness?

Most of the government banks or PSU banks have a strict procedure for any kind of loan. You can't get education loan or any loan, if your credit score is not good.

You will need a guarantor to support your education and even a collateral security might be required for big loans.
Do you have any question? or have anything to say?



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