#1  
17th June 2019, 01:00 PM
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Is it difficult to get an Education Loan for a candidate whose father is working in Oman Tax Free Zone?


Hello Sir/Madam, I am working in Oman. As you know that many region of Oman is tax free so I come under tax free region. Now, my daughter wants to apply for an education loan of Rs. 10 Lacs for her education. So, she get any problem due to this issue?




  #2  
24th June 2019, 10:34 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Is it difficult to get an Education Loan for a candidate whose father is working in Oman Tax Free Zone?

You just need to have a regular income to become a guarantor for education loan. There is no issue with you working in a tax free zone. Just make sure your daughter gets admission in a recognised college on merit. Once she secures admission then you can approach the nearest branch of a reputed bank near to your residence in India.

You need to become a guarantor and they may ask for collateral security too because you are working abroad. Just be ready with all the documents before applying for the loan.
Do you have any question? or have anything to say?



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