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  #1  
2nd November 2016, 02:42 PM
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What kind of securities required to get Education Loan in Allahabad Bank for studying MBBS under management quota?


I am going to apply for MBBS course under management quota. For this I need to get an Education Loan. Can I know that what kind of securities required in Allahabad Education Loan? Please tell me asap.




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  #2  
11th November 2016, 01:24 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: What kind of securities required to get Education Loan in Allahabad Bank for studying MBBS under management quota?

Securities are required for getting education loan if your study expense is above 7.5 lakhs and you want to opt for loan above 7.5 lakhs. The securities accepted by Allahabad bank are :-

- Land
- Building or House or Shop
- Govt. Securities
- Public Sector Bonds
- NSC
- LIC
- KVP
- LIP
- Banks Term Deposit etc.,
Do you have any question? or have anything to say?



« Is it possible to present my Brother-In-Law as a Guarantor to apply for Education Loan due to my father's death? | Interest rates and services charge under Education Loan of DCB Bank for 1 year Certificate course? »

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