Pursuing higher education abroad is a dream for many students in India. However, the cost associated with studying overseas can be a significant barrier. Education loans have become a popular financial solution to bridge this gap.
Obtaining an education loan for studying overseas in India is an accessible avenue for aspiring students. Collateral requirements play a significant role in the loan application process, as they provide security to lenders. Property, fixed deposits, and third-party guarantors are among the common types of collaterals accepted.
Collateral Requirements For Education Loans: