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#1
17th June 2019, 01:00 PM
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Whether my uncle become a guarantor against an Education Loan if my parents are passed away?
Sir, my parents are passed away and I live with my uncle. He is an ex-Government employee. He got pension but he doesn’t have an IT File. But he has a Bank Account. I want to get an education loan of Rs. 7 Lacs for doing BTech course. Now, the question is, my uncle become a guarantor or not?
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#2
19th June 2019, 10:58 PM
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Re: Whether my uncle become a guarantor against an Education Loan if my parents are passed away?
Yes, your uncle can become a guarantor against an Education Loan. Guarantor can be any your immediate family member, should have a steady source of income and a good credit record.
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