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  #1  
4th November 2015, 04:22 AM
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Securities against Education Loan of Rs. 22 Lacs for doing Commercial Pilot Training in USA?


Hello,
I want to join Commercial Pilot Training Academy in USA. I have heard that this course is cheaper in USA than in India. I came to know that it cost Rs. 22 Lacs there for this course. If I want to apply for this course in USA with education loan then what bank want to take in security for giving loan of Rs. 20 Lacs?




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  #2  
11th December 2015, 08:32 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Securities against Education Loan of Rs. 22 Lacs for doing Commercial Pilot Training in USA?

To get Education loan of Rs.22 lacs for doing Commercial Pilot Training in USA, you must have to submit a Collateral security documents to bank in the form of Intangible assets like house, land, etc., If all the documents of Collateral Security are verified and found correct then, bank will accept the Collateral security and your loan will be sanctioned within 10-15 working days depending upon the bank. So, to get Education loan of Rs.22 lacs, you must have to submit Intangible assets like House, land, etc., documents to bank as a Collateral security for sanctioning your Education loan.
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