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All about education loans


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prashant giri
Education Loan
by prashant giri on May 23, 2012 05:26 PM

Sir I am already on a verge of buying a house within a month timw on which I will be taking a loan of around 20 lacs. I have a simultaneous plan of going for an MBA abroad by may 2013 for which I have to take an additional loan of 40 lacs. My question is WOuld I be able to get a education loan even when I have running home loan ( I will not be earning during that 1 year period but I have arrangement to make up for the emi for my hoam loan during that 1 year time. How much education loan can i get ??I am sure I would be requiring a guarantor for education loan.can i have my father as a guarantor who is retired and has an immovable property of about 50 lacs or my brother who is working and earns around 15 lacs per annum??

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prashant giri
Education Loan
by prashant giri on May 23, 2012 05:24 PM

Sir I am already on a verge of buying a house within a month timw on which I will be taking a loan of around 20 lacs. I have a simultaneous plan of going for an MBA abroad by may 2013 for which I have to take an additional loan of 40 lacs. My question is WOuld I be able to get a education loan even when I have running home loan ( I will not be earning during that 1 year period but I have arrangement to make up for the emi for my hoam loan during that 1 year time. How much education loan can i get ??I am sure I would be requiring a guarantor for education loan.can i have my father as a guarantor who is retired and has an immovable property of about 50 lacs or my brother who is working and earns around 15 lacs per annum??

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sai krishna
Finance without security
by sai krishna on Nov 22, 2011 07:13 PM

hello sir .. Im doing my Under graduate course now and im aspiring for an full time Mba degree from an foreign university by writing Gmat but only after a few years of work(2yrs).. so i assume my Mba is going to cost me around 25 lakhs out of which I can take care of 10 lakhs.. But the problem here is we don have any immovable properties that can be given as collateral security fot the rest .. Is there any other way except for the securities ..?

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sweety
hello sir
by sweety on Jun 09, 2010 06:19 PM

am maha from tamilnadu,presently am working in tvs and also i got admission in london universities for doing mba.The fees structure is around 10 lacs including living cost.i want details about education loan that which bank is offering for overseas education and also i dont have any immovable properties.

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