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  #1  
25th February 2018, 03:36 PM
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Whether Bank provides education loan to a candidate whose father has taken Business Loan?


My son wants to take education loan for his further education. I have a current account in Axis Bank. I have also credit card. The most important thing is I have already taken business loan through my current account. I want to know that still my son gets education loan?




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  #2  
8th March 2018, 04:25 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Whether Bank provides education loan to a candidate whose father has taken Business Loan?

You can apply for the education loan and see what that bank can do for you. Normally, if you have already taken a loan, then further capacity will depend on your earning and collateral provided.

Probably, you will get a smaller amount for your son's education loan because you already are under debt.
Do you have any question? or have anything to say?



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