InvestorQ : Is there a maximum limit on the amount of education loan that a lender can disburse?
priya Shah made post

Is there a maximum limit on the amount of education loan that a lender can disburse?

Answer
image
seema Upadhyaya answered.
2 years ago
Follow

Most lenders in India have a maximum limit of Rs 10 lakhs to Rs 15 lakhs for studies within India. The limit for education loans for overseas students is between Rs 20 lakhs and Rs 30 lakhs.

If a student requires more amount as an educational loan, he/she can apply for the same along with some bank-accepted collateral.

0 Views