#1
19th November 2018, 04:21 PM
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Can I apply for an Education Loan in ICICI Bank against owned building instead of a guarantor?
Sir, I don’t have any guarantor in my own relation. I am not able to introduce any guarantor. But, I have a building in my own name. So, I am eligible to take an education loan ICICI Bank with my building for education purpose?
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#2
8th June 2022, 12:25 AM
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Re: Can I apply for an Education Loan in ICICI Bank against owned building instead of a guarantor?
For loan upto 4 lacs there is no collateral security required but for loans above 7.5 lacs , both guarantor and collateral security is required.
All banks and NBFCs require parents to be join borrower on an education loan. Banks demand a third party guarantor along with a co signer. The guarantor must be a citizen of India above 18 years of age. |
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