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  #1  
18th March 2018, 01:35 AM
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Securities against an Education Loan at Punjab & Sind Bank to study MBA?


I am in a need of education loan so that I can get admission and study MBA. I am going to apply an Education Loan in Punjab & Sind Bank. So, kindly tell me what kind of securities they want to take for taking an education loan?




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  #2  
7th May 2018, 12:45 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Securities against an Education Loan at Punjab & Sind Bank to study MBA?

Securities against an education loan at Punjab and Sind Bank for pursuing MBA course are mentioned below :-

--> Upto Rs. 4 lakhs :- No Security (Parents to be Co-borrowers)
--> Above Rs. 4 lakhs and below Rs. 7.5 lakhs :-
Parents to be Co-borrowers and collateral security in the form of suitable third-party guarantee.
--> Above Rs. 7.5 lakhs :- Parents to be Co-borrowers. Tangible collateral security equal to bank loan amount acceptable to bank.
Do you have any question? or have anything to say?



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