Junior Science Refresher

Loan financing, collateral requirement for the students can be seen in 23^rd page of science refresher

Junior science refresher magazine The banks can finance up to 100% of the loan depending on the amount. Currently, for loan up to Rs 4 lakh, there is no margin money required. For studies in India, Junior science refresher magazine 5% of the required money has to be financed by the applicant. On the other hand, for studies overseas, the required margin money increases to 15%. The banks also ask for collateral for loans above Rs 7.5 lakh. bright group of publications junior science refresher Presently, the banks do not ask for any collateral or third-party guarantee for loan up to Ri 4 lakh. For loans above. Rs 4 lakh up to Rs 7.5 lakh, a third-party guarantee is required. bright group of publications junior science refresher A collateral is asked for loan exceeding Rs 7.5 lakh Once the loan application is accepted, the banks disburse the amount directly to the college/university as per the given fees structure.