Is it possible to keep my mother as a co-applicant for the education loan and will her bank statements be required?
Yes, you can include your mother as a co-applicant for your education loan. Most lenders accept parents as co-applicants and often require their financial documents.
Your mother's recent bank statements (typically last six months) will be required, along with identity, address, and income proof. These documents help the lender assess her financial stability and creditworthiness.
Specific requirements can vary by lender, so confirm the exact documents needed with your chosen bank or financial institution.
Will you qualify for an education loan?
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More Cost & living questions
- If I get an education loan, can I proceed with the application after the loan amount is clear?
- 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?
