#1  
25th November 2018, 04:27 PM
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What is co-borrower in Axis Bank Education Loan scheme for MBA aspirant?


I want to study MBA with the help of an education loan. I want to apply an education loan in Axis Bank. I have heard about the education loan of this bank but don’t know about the co-borrower term. Can I know about the co-borrower?




  #2  
7th October 2021, 12:51 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: What is co-borrower in Axis Bank Education Loan scheme for MBA aspirant?

It's means a person or a party that takes the gurantee of repayment in case student fails to repay the loan.
Banks check the credibility of student and their parents before advancing loan.

Co_borrower must be an Indian Citizen who would agree to co sign and executive loan.
Friends can't be co borrower
Father can be co borrower.
Do you have any question? or have anything to say?





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