Can i get 10 lack education loan

by Rohit_Singh_Tanwar

Can i get 10 lack unsecured education loan for Canada UG diploma in database administration.

My father is currently a salaried person (25k per month) , he also gets 20k per month pension

as he is retired from army.

My college is Canada college (Montreal) and fee of my course is 8500cad for 1 year

I want to include my GIC as well as 1st year fee in loan.

Thank you

1 replies

aman.jain

Hi Rohit,

Unsecured loan for UG Diploma is very difficult but not impossible. For a loan amount of INR 10 Lakhs, the co-applicant income (without any EMIs as per the ITRs) should be 40k per month with excellent CIBIL score. Note: In this kind of loan, the EMI starts immediately i.e. you will need to repay from very first month after taking the loan. You can get the idea of EMIs here: https://www.gyandhan.com/education-loan-emi-calculator

We request you to get in touch with us by requesting a call back here: https://www.gyandhan.com/callback_requests