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Here is given only a brief description on for which courses you can apply for education loan under HSBC bank however you are required to go to the nearest branch of HSBC bank in order to know the courses
Expenses that are considered for granting of loan to the student are given below
Minimum amount of loan taken is 5 lakhs whereas HSBC bank can provide maximum amount of loan up to Rs. 20 lacs. However reasonable non-moving asset is needed for collateral security for such highest amount of loan for study purpose.
Residential property is usually considered as the collateral security fee under the education loan scheme of HSBC bank. This should be occupied by the applicant / student itself or can be on the name of co-borrower (usually parents)
HSBC can disburse only 2.5 % per cent of the loan amount.
Below is given the list of all the documents which are must to be submitted for granting the loan
Declaration form signed by the borrower and co-borrower that both are okay with the term and conditions.