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  #1  
10th February 2019, 06:43 PM
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Securities against an Education Loan in Vijaya 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 Vijaya Bank. So, kindly tell me what kind of securities they want to take for taking an education loan?



  #2  
14th February 2019, 08:28 AM
Saikiranreddy47475
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Default Re: Securities against an Education Loan in Vijaya Bank to study MBA?

Securities against an education loan in Vijaya Bank for studying MBA course are mentioned below:-

—> Upto Rs. 4 lakhs:- No security
—> Above Rs. 4 lakhs and upto Rs. 7.5 lakhs:- Collateral security in the form of third-party guarantee
—> Above Rs. 7.5 lakhs:- Tangible collateral security equal to loan amount acceptable to bank
Do you have any question? or have anything to say?



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