Hello everyone! I am preparing for my GRE for Fall 2012. I am looking for loan which don't require security? Can anyone help me out?
Due to low financial backups, I am not able to provide security to bank. So in that case if student is good and wants some education loan for studying in USA, is there any way to get education Loan without security? If Yes please help me? I really appreciate for your responses. Thank You!
20 Views|Posted 2011-11-11 05:58:53
Asked by Abhina
2 Answers
Answered by
2011-11-11 10:19:23
Hi,
Now a days almost all the banks offer education loan to students, to pursue their education in India or Abroad.
The banks offer maximum loan of Rs 10 Lac for education in India and Rs 20 Lac for education abroad.
The repayment period vary from 5-7 years.
The bank do not ask for any collateral
Upvote 
Answered by
2011-11-11 08:10:45
Without Security no loan will be available or u must have to find any guarantor who will take guarantee for ur loan repayment.
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