Banking · Education Loans
The most critical factor for a bank when assessing the eligibility and maximum limit for an Education Loan above Rs 7.5 Lakh is the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1color of the student's passport.
- 2bank's annual profit target.
- 3value of the tangible collateral offered (e.g., property, FDs).✓
- 4student's future travel plans.
Correct answer
value of the tangible collateral offered (e.g., property, FDs).
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