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  #1  
17th September 2015, 08:38 PM
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What amount of Collateral Security I have to submit for Bank Education Loan to study MBA in Abroad?


Hello,
I want to study MBA in Abroad. For this I want to apply for an Education Loan. I would like to know that for applying Bank Education Loan what amount of Collateral Security I have to give? Please let me know asap.




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  #2  
11th November 2017, 04:16 PM
Saikiranreddy47475
Senior Member+++++
  
Join Date: Jul 2013
Posts: 14,288
Default Re: What amount of Collateral Security I have to submit for Bank Education Loan to study MBA in Abroad?

To get an education loan amount of greater than Rs. 7.5 lakhs for pursuing MBA course in Abroad, you have to submit the collateral security documents of property equal to worth of loan amount that you need from the bank. For example, if you are taking Rs. 16 lakhs education loan from bank then, you have to submit the collateral security documents of property worth Rs. 16 lakhs to bank for processing your education loan
Do you have any question? or have anything to say?



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