Hi
I managed to get an education loan of 15 lacs based on Some FD's, Nsc certificates ...which is fully covering my 1 st year fees.
but on the security portion of the letter..
there is a list of 6-7 members whose NSC's, FD's were used as a collateral.
the list contains name of me my mother and a few of my close relatives like my grand mother,father aunt.
will that be a problem the long list of names?
or is it fyn as long as i have a loan santioned from PNB??
Along with this i have enuf liquid money to support my second year fees!!
I managed to get an education loan of 15 lacs based on Some FD's, Nsc certificates ...which is fully covering my 1 st year fees.
but on the security portion of the letter..
there is a list of 6-7 members whose NSC's, FD's were used as a collateral.
the list contains name of me my mother and a few of my close relatives like my grand mother,father aunt.
will that be a problem the long list of names?
or is it fyn as long as i have a loan santioned from PNB??
Along with this i have enuf liquid money to support my second year fees!!