Can my wife's sister's husband be a guarantor for the education loan?
Yes, your wife's sister's husband can be a guarantor for your education loan if he meets the bank’s criteria.
Most lenders prefer close family but may accept extended relatives like in-laws if they:
- Have a stable, verifiable income
- Are within the typical age range (21 - 70 years)
- Maintain a good credit score (often 700+)
- Do not have excessive existing loan obligations
Policies vary by lender, so approval depends on their specific rules.
Will you qualify for an education loan?
Collateral, co-applicant income and repayment. Check your eligibility in minutes.
More Cost & living questions
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
- What is the minimum budget required for studying abroad in Canada or Ireland for two years?
- Are you helping with educational loans or bank loans for studying abroad in UK/Ireland for a Master's?
- Can I apply for an education loan up to 30 to 35 lakhs or 30 to 40 lakhs budget?
- What are the tuition fees for studying in Germany for a Master's/Bachelor's?
