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#1
16th January 2019, 03:31 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?
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#2
21st January 2019, 01:57 PM
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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. |
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Education and Career Forum
