POSTED BY March 14, 2014 8:46 am COMMENTS (2)ON
I am 25 and recently purchased a property in Kolkata for which I took a home loan from SBI. The loan is owned jointly by me and my mother but I pay the EMIs of roughly 33,000. I have a monthly net salary of 90,000 and my mother 28,000.
I am planning to go abroad for further studies and would need a study loan of around 10 – 15,00,000. Meanwhile while I am away studying, my mother will pay the EMIs. Will there be any problem for me in getting a study loan given that I already have a home loan in my name?