Can I get an education loan without any collateral?

16 Views|Posted a year ago
Asked by Mani Lama
1 Answer
N
a year ago

Students can avail of a loan of up to INR 4 lacs without collateral. For loans, up to INR 7.5 lacs, parents or guardians are made joint borrowers and a third party guarantee is obtained. For a loan exceeding INR 7.5 lacs property or any other asset is required as collateral.

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