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  #1  
11th December 2015, 05:32 PM
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Eligibility to get Education Loan against property without a guarantor?


Respected Sir,
I don’t have any guarantor. I am not able to introduce any guarantor. But, I have a property which is of mine. So, I am eligible to take education loan with my property for education purpose?




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  #2  
12th December 2015, 04:25 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Eligibility to get Education Loan against property without a guarantor?

Yes, you can take education loan if you mortgage your property. Although guarantor is compulsory but if you are ready to mortgage a property whose value is at par with the education loan amount and comply with all other terms and conditions of the bank, you can definitely get education loan sanctioned. It will be easy to get education loan sanctioned if you can introduce any guarantor who has a stable income source or property of good value.
Do you have any question? or have anything to say?



« How can I repay Education Loan if get job in UK after completing MS? | Whether Banks can grant an education loan of Rs.1, 60,000 for Certificate course in IIT-Madras? »

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