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  #1  
31st August 2016, 11:41 PM
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Can I apply for an education loan for my nephew?


Hello sir, My nephew lives with me in Delhi and his father and mother in a village of Utter Pradesh. Please tell me can I apply for an education loan for him?




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  #2  
11th September 2016, 12:38 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Can I apply for an education loan for my nephew?

Yes, you can definitely apply for education loan for your nephew. You can become the co-borrower of the education loan or can become the third party guarantor of the education loan depending on whether his father/mother becomes co-borrower of the loan or not. However, you can apply for the loan only if you have a stable source of income. Otherwise you will not be eligible to apply for education loan for your nephew.
Do you have any question? or have anything to say?



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