My brother has got admission an MBA institute . Now I am have to apply an eduation loan , but the problem is I am self-employed now and dont have income proofs like a salaried person has . However I have steady cash flows in my account each month (but not guaranteed)
Also my father is in UP and we have real estate property there, Can that be used as collateral ? Will it be smooth and acceptable ?
Can some one enlighten me on this and whats the best I can do ?