Education and Career Forum

Hi everyone, I want to know that after my loan request for education rejected, I can apply again? My loan application is rejected from United Bank of India. Is there any difficulty with this? Please help me to know about this. Please tell me immediately. Thank you!

If a candidate provides wrong collateral such as agricultural land which is not acceptable by the lender for an education loan, in such a case the loan gets rejected.

The bank accepts house, fixed deposit , insurance or any tangible asset which is on the borrowers name.

There are less chances of rejection of loan , if candidate provides tangible assets which are usually accepted by bank as collateral security.
Loan also gets rejected in case the institution in which admission is secured is not a recognised or approved institute and placement facility is not upto mark.