#1  
31st March 2017, 01:33 AM
kaamini kannoujia
 
Join Date: Mar 2017
Posts: 1

Which bank can give an education loan in security of Ford 1950 model car?


Hello sir, My father is retired from a private job and have no own house. My grand father was so rich and we have his Ford 1950 model car. Now I want to apply for an education loan for my study. Which bank can give me an education loan in security of it?




  #2  
31st March 2017, 11:56 PM
Career Expert
Senior Member+++++
 
Join Date: Feb 2016
Posts: 4,375
Default Re: Which bank can give an education loan in security of Ford 1950 model car?

Sorry, to say that banks does not give an education loan in security of Ford 1950 model car. The Collateral Security is required only when you apply for an education loan of more than Rs.7.5 lakhs. The banks accept collateral security in the form of house, flat, etc., for offering an education loan but, most of the banks does not offer education loan in security of Ford 1950 model car.
Do you have any question? or have anything to say?



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