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  #1  
3rd January 2018, 11:51 PM
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When is the right time to start education loan process for MS in Abroad?


I am agriculturist, I have no income return, my daughter wants to study in USA for MS, now she is studying in final year engineering. When I can start for education loan process, which bank will help me. Please guide me.




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  #2  
5th January 2018, 05:35 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: When is the right time to start education loan process for MS in Abroad?

You can apply for education loan, when admission is confirmed at the said university. The banks usually conduct verifications before granting any education loan.

You have to become a guarantor and if their is any income, then you have to show it through bank statements. Also, they can ask for collateral security like any property or FDs, etc.
Do you have any question? or have anything to say?



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