Is a co-applicant mandatory for education loan to study abroad?

Question

Is anyone here looking forward to apply for education loan? Can you please share whether a co-applicant is mandatory for acquiring an education loan or can one apply for an education loan to study abroad without a co-applicant? Please suggest banks which grant education loan without a co-applicant. #Educationloan

L Sai Srijith · Answer

A co-applicant is generally a common requirement for a student to secure an education loan to study abroad. A parent or a guardian acts as a co-applicant to provide additional financial security and assurance. I am not very sure about banks that offer a loan without a co-applicant but I can suggest, check out platforms like Gyandhan, an abroad education loan provider to evaluate your options for no cost.

Is a co-applicant mandatory for education loan to study abroad?

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