#1  
16th January 2019, 02:31 PM
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Securities against an Education Loan in Oriental Bank of Commerce for MBA aspirant?


Hi Sir/Madam, my daughter is preparing for CAT and various MBA entrance exams. I want to take an education loan for her MBA education. I just want to know that what securities I have to look after to get an education loan from Oriental Bank of Commerce for her MBA course?




  #2  
21st January 2019, 12:57 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Securities against an Education Loan in Oriental Bank of Commerce for MBA aspirant?

Securities against an education loan in Oriental Bank of Commerce for MBA aspirant are mentioned below:-

—> Loan upto Rs. 7.5 lakhs:- Co-obligation of parents/ guardian

—> Loan above Rs. 7.5 lakhs:- Immovable tangible security having value equivalent to 100% of loan amount should be submitted to bank.
Do you have any question? or have anything to say?





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