#1  
2nd April 2016, 02:29 AM
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What I have to deposit as a security against an Education Loan of Rs. 25 Lacs to do Commercial Pilot Training in USA?


Hello,
I want to join Commercial Pilot Training Academy in USA. I have heard that this course is cheaper in US than in India. I came to know that it cost Rs. 25 Lacs there for this course. If I want to apply for this course in US with an Education Loan then what bank want to take in security for giving loan of Rs. 25 Lacs?





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  #2  
16th April 2016, 01:12 AM
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Default Re: What I have to deposit as a security against an Education Loan of Rs. 25 Lacs to do Commercial Pilot Training in USA?

To get an Education loan of Rs. 25 lacs, you must have to submit Collateral security in the form of documents related to property like house, flat, etc.,. If the bank accepts your Collateral Security and if you submit all the documents required to the bank, your Education loan will be approved.
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