Leap Finance tries to make the process of a loan application and sanction simple, by keeping a very transparent and upfront approach. ... Accept the online offer and select the education loan amount required as well as the tenure. Get on a video call with the Leap Finance team for a personal assessment.
Can I get education loan without collateral?
The security pledged against a loan is termed as collateral. However, you can get an education loan without pledging any security. ... But, if you take a loan of more than Rs 7.5 lakh, the bank may ask for collateral for the loan amount. The bank may also ask you to deposit margin money and seek third-party guarantee.Sep 18, 2019