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Can a minor avail of an educational loan? | Kalvimalar - News

Can a minor avail of an educational loan? - 5-Mar-2008

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No, a minor cannot avail of an educational loan. But his parents/guardians who satisfy the eligibility criteria can do so. Banks assess the individuals repaying capacity at the time of disbursing the loan, and, hence, minors are ineligible for educational loans

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