Education and Career Forum

Hello Sir/Madam, I want to get an education loan for my further education. I am a BTech graduate and unemployed. I have completed my BTech around 3 years ago. Kindly let me know about the terms and conditions for applying?

Terms and conditions are
Candidate must have taken admission in any of professional/medical/technical course.
The admission must be taken in a reputed college
The college must have good placement record
The admission must be secured on the basis of merit or entrance exam.
For loans upto 7.5 lacs no collateral security is required.
For laons above 7.5 lacs both collateral security and third party gurantee is required.
Candidate must have good credibility and financial stability to avail loan.
They have to mortgage any of thr property, flat or agriculture land in case the amount exceeds 7.5 lacs