Guys how can I get an education loan (unsecured)
my_qualifications - 12th wanna go for ug degree
So i got this bits rmit 2+2 program and I was really excited about it, because icici was offering 1cr of unsecured loan for, saw on the rmit website. But now they rejected my loan.
The thing is, my mother is earning 30k per month and my dad is unemployed (he has severe heart issues, had a minor heart attack last month too). My grandparents are earning like 120k per month. But the bank say that age cannot be above 65 to be a co-borrwer.
Now I'm just stuck, don't really wanna put my grandparents properly on mortgage. I need like a 75lakh loan, but won't really use it all, actual is close to 40 L. But main problem is front loading for visa( u have to show 50l during that time)
My degree would be electrical engineering which is the most employable field in Australia right now because Australia wants to shift it's energy needs to sustainable sources like solar.
Average pakage - 80k - 100k aud (50-60l)
Placement rate - 85%
Will really appreciate it, if anybody whose done this could help me:)