Education and Career Forum

I want to study abroad and I want to take loan approx 7 lacs but my father got retired. Is it possible to take loan? cause SBI bank manger in our locality said no
to provide loan.

Yes, it is possible to get education loan even if your father has retired. Although the bank asks for a stable source of income of the family for education loan yet it offers loan if any of the below mentioned grounds are satisfied.

- Your father is getting pension.
- Any other family members is having income from a stable source.
- You get admission in a well reputed institute having good exposure facilities.
- There is a third party guarantor who has income from a stable source.

Can I get education loan up to 7 lacks from SBI for Amity MBA ? Despite My father is a farmer ?

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Do you need a loan? We provide fair loans to both personal, collaborative and investors. We make car loans, car loan, personal loan, christmas loans, business loan, education loan, debt consolidation, e t.c. Contact us with info Name: Address: [email protected]

Sir my father has no job no salary and even house is also rent then can i get loan without collateral

My mother is retired officer's wife,is she eligible for co signer for my educational loan?