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Documents required for getting education loan to study abroad


07-Dec-2023 (In Documentation Law)

I want to know what all documents are necessary to keep land as collateral for getting education loan to study abroad. And as we don't have land regularisation for our land and to get it done it will take 3 months so is it possible to apply for LR and keep that applied acknowledgement along will all other documents to get loan and submit the LR document after 3months. I really need your opinion as it is very urgent.

Answers (2)

Answer #1
547 votes
Please specify the land type, whether it is agricultural or non agricultural. The bank ordinarily requires the title deed of the property. If the bank requires a land regularisation certificate then you can apply for the same and file the acknowledgement with an undertaking that you would file the required documents once you obtain them from the relevant authority. Please provide more instructions and get back to me. Thanks.
Answer #2
535 votes
Firstly you should have property on your name or your parents name.if you don't have then any relationship of your blood religion must agree for colletral security one everything is fine then the bank after completing enquiry will consider your application

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