Yes, it is possible to obtain another education loan in India even if you have an existing loan. Having an earlier loan does not necessarily disqualify you from applying for a new education loan. However, there are a few factors that may affect your eligibility for a second education loan: 1. Repayment history 2. Credit score 3. Debt-to-income ratio 4. Loan limits and policies It is advisable to approach different banks or financial institutions and discuss your situation with them. They will assess your eligibility based on their specific criteria and provide you with information on the likelihood of obtaining another education loan.
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Yes, it is possible to obtain another education loan in India even if you have an existing loan. Having an earlier loan does not necessarily disqualify you from applying for a new education loan.
However, there are a few factors that may affect your eligibility for a second education loan:
1. Repayment history
2. Credit score
3. Debt-to-income ratio
4. Loan limits and policies
It is advisable to approach different banks or financial institutions and discuss your situation with them. They will assess your eligibility based on their specific criteria and provide you with information on the likelihood of obtaining another education loan.
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Of course you will get the loan.. For more financial information, please subscribe to our channel.