Does the co-applicant for an education loan need to be employed?
22 Jul 2026 · Answered by Deepak Kumar · 1 min read
Yes, the co-applicant for an education loan generally needs to have a stable income, which usually means being employed or having a regular source of income. This is important because the co-applicant shares the responsibility of loan repayment, and lenders assess their income and financial stability to ensure they can support the loan if needed.
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