GMAT Question of the Day - Daily to your Mailbox; hard ones only

It is currently 21 Oct 2019, 19:09

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

can we get non collateral Loan for abroad MBA

  new topic post reply Update application status  
Author Message
Manager
Manager
User avatar
G
Joined: 17 Jan 2018
Posts: 87
Concentration: Entrepreneurship, Strategy
can we get non collateral Loan for abroad MBA  [#permalink]

Show Tags

New post 08 Mar 2018, 10:20
I don't have any collateral or any known ppl who can help to keep a collateral to get a loan.

Can we get a non collateral education loan from india / abroad for abroad MBA including all the expense,as far of my research i got to know that the 1 month fee must be paid from our side and will be reimbursed later by bank and most of the bank's in india will not cover the total expenditure only be given limited amount / cost .

Can anyone help me in this.
_________________
Nothing is impossbile.
MBA Section Director
User avatar
V
Affiliations: GMAT Club
Joined: 22 Feb 2012
Posts: 7121
City: Pune
GMAT ToolKit User
Re: can we get non collateral Loan for abroad MBA  [#permalink]

Show Tags

New post 10 Mar 2018, 07:01
1
2
henryford wrote:
I don't have any collateral or any known ppl who can help to keep a collateral to get a loan.

Can we get a non collateral education loan from india / abroad for abroad MBA including all the expense,as far of my research i got to know that the 1 month fee must be paid from our side and will be reimbursed later by bank and most of the bank's in india will not cover the total expenditure only be given limited amount / cost .

Can anyone help me in this.


Prodigy Finance and MPOWER Financing offer collateral free loans to international MBA students. Check out their forums (links given below) for more details..
https://gmatclub.com/forum/prodigy-finance-223463.html
https://gmatclub.com/forum/mpower-finan ... 53716.html
_________________
2020 MBA Applicants: Introduce Yourself Here!

MBA Video Series - Video answers to specific components and questions about MBA applications.

2020 MBA Deadlines, Essay Questions and Analysis of all top MBA programs
Manager
Manager
User avatar
G
Joined: 17 Jan 2018
Posts: 87
Concentration: Entrepreneurship, Strategy
can we get non collateral Loan for abroad MBA  [#permalink]

Show Tags

New post 10 Mar 2018, 21:42
Thank you Narenn
_________________
Nothing is impossbile.
Intern
Intern
avatar
B
Joined: 13 Mar 2018
Posts: 11
Re: can we get non collateral Loan for abroad MBA  [#permalink]

Show Tags

New post 23 Jan 2019, 22:05
1
Collateral is mandatory for getting any loan above INR 4 lakhs. A few NBFCs provide education loans against no collateral. But these loan options would also tail some limitations with it. Collaterals are used for providing a loan because in case one is not able to pay off their loan, the bank can regain its funds from the collateral provided. I am giving you a general list of documents you would require, rest the bank would be able to guide you further depending on the need and present circumstances.
Generally, for [url="https://www.loanbaba.com/loan-against-property-mortgages/state-bank-lap-loan.html"]SBI loan against property[/url], one needs the following documents:
1. Identity Proof: Aadhar Card, Voter's ID card, Driving License, valid passport.
2. Proof of Income
3. Last three month's salary statement
4. Last six months bank statement.
5. Last ITR and Form -16.
6. Passport size photographs of you
7. All the original deeds of the house
8. No encumbrances on the property proof
9. Estimate of work from Architect / Civil Engineer.
GMAT Club Bot
Re: can we get non collateral Loan for abroad MBA   [#permalink] 23 Jan 2019, 22:05
Display posts from previous: Sort by

can we get non collateral Loan for abroad MBA

  new topic post reply Update application status  





Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne