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Education Loan
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could i get education loan without any security or guaranter???????
Asked by Kumar Gaurav on 28 August 2008 at 12:10 PM.
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Answered by Studyplaces Counsellor Student Loan
* You can borrow up to Rs 4 Lac without providing any security or margin. * You can get a loan amount of Rs 4 Lacs to Rs 7.5 Lacs against a third-party guarantee. This loan comes with a five percent margin. The loan amount disbursed is 5 % lesser than the sanctioned amount. You need to arrange for the rest of the money. The third-party guarantee can come from any relation, neighbour or friend standing guarantee for the full amount. For more details: Education Loan.
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