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  #1  
3rd March 2018, 01:54 PM
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Security against Education Loan of Rs. 20 Lacs for doing Commercial Pilot Training in US?


I want to join Commercial Pilot Training Academy in US. I have heard that this course is cheaper in US than in India. I came to know that it cost Rs. 20 Lacs there for this course. If I want to apply for this course in US with education loan then what bank want to take in security for giving loan of Rs. 20 Lacs?




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  #2  
21st April 2018, 05:30 PM
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Default Re: Security against Education Loan of Rs. 20 Lacs for doing Commercial Pilot Training in US?

Quote:
Originally Posted by Unregistered View Post
I want to join Commercial Pilot Training Academy in US. I have heard that this course is cheaper in US than in India. I came to know that it cost Rs. 20 Lacs there for this course. If I want to apply for this course in US with education loan then what bank want to take in security for giving loan of Rs. 20 Lacs?

Students have to provide necessary collateral security for education loan of Rs 20 Lakhs to study in the USA. They have to provide collateral security in the form of land or building or flat or bank deposits or shares or bonds to cover the loan amount. Students have to contact the bank to get education loans to study in abroad. Students can get up to Rs 7.5 Lakhs of education loan without any collateral security. Students have to contact any bank branch near their residence and follow the instructions for getting education loans.
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