#1  
7th August 2019, 10:43 PM
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What is Collateral Security Scheme of Allahabad Bank Education Loan for BTech aspirant?


I have completed my 12th Science and looking to get admission in any Engineering institute for undergraduate BTech program. I havenít taken any loan yet. I have searched about Bank education loan for me. I came to know that there is some collateral security term for getting loan. I donít know about this term. Can you get me know about this security while getting an education loan?




  #2  
18th August 2019, 11:40 PM
ppsahu
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Default Re: What is Collateral Security Scheme of Allahabad Bank Education Loan for BTech aspirant?

Collateral Security Scheme of Allahabad Bank Education Loan for BTech aspirant are as follows;

Loan up to Rs. 4 lacs there is no collateral security, only co-obligation of parent/guardian is required.

Above Rs. 4 lacs Ė Depending on the Course / Institutes, security varies from third party guarantee, co-obligation of parents and full collateral security.

Detailed information is available at;
https://www.allahabadbank.in/edu_loan.aspx
Do you have any question? or have anything to say?



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