#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 donít 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?




  #2  
8th June 2022, 12:25 AM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 4,715
Default 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.
Do you have any question? or have anything to say?



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