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#1
28th July 2018, 02:10 PM
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Who is co-borrower in ICICI Bank Education Loan scheme?
I want to study BDS with the help of an education loan. I want to apply an education loan in ICICI 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?
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#2
3rd August 2018, 09:03 PM
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Re: Who is co-borrower in ICICI Bank Education Loan scheme?
Co-borrower is required for education loan, because of security purpose. In case, you default, the co-borrower will be responsible to pay the EMI.
Any blood relative, specially parents can become your co-borrower for you. Just make sure the person is earning well. |
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