Can I get a 40 lakh education loan in India without providing collateral? What is the procedure for it if it is possible.
Yes, it’s possible to get a loan without collateral, but it depends on a few factors like your academic profile, the course you’re pursuing, and the university. Banks and NBFCs (Non-Banking Financial Companies) often provide unsecured loans for high-ranking universities or programs abroad.
I see. So, what documents are typically needed for such loans?