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#1
10th January 2019, 03:01 AM
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Securities against an Education Loan in Corporation Bank to study MBBS in Abroad?
I am in a need of education loan so that I can get admission and study MBBS in Abroad. I am going to apply an Education Loan in Corporation Bank. So, kindly tell me what kind of securities they want to take for taking an education loan?
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#2
16th January 2019, 10:11 PM
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Re: Securities against an Education Loan in Corporation Bank to study MBBS in Abroad?
You can avail maximum education loan amount upto Rs. 20 lakhs in Corporation Bank to study MBBS in Abroad. For loan upto Rs. 7.50 lakh no security required. Above Rs. 7.50 Lakh, Co- obligation of Parents together with tangible collateral security along with the assignment of future income of the student for payment of instalments is required.
You can get more details on the below mentioned website link. https://www.corpbank.com/node/58910#verticalTab5 |
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