#1
4th March 2016, 06:58 PM
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Is it possible to apply an education loan from 2 different banks for Abroad studies?
Hello Everyone,
I want to go Abroad for further studies. The total cost of my course is upto Rs. 20 Lacs. I want to know that can I apply for an education loan partly from different banks? It means that can I apply for Rs. 8 Lacs from one Bank and remaining Rs. 12 Lacs from another Bank? Is it possible? |
#2
16th April 2016, 12:51 AM
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No, you cannot take an Education loan from 2 different banks for doing your Abroad studies and you can get complete loan amount of Rs.20 lacs from a single bank by
submitting the property documents as a collateral security related to house, flats, etc.,. By submitting all the required documents, you can get an Education loan amount of Rs. 20 lacs for doing higher studies in Abroad. |
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