I need an education loan( 11 lks). how much FD should i have with the bank to become eligible?

I have no landed property. and when should i start paying the interest for it. i am an indian citizen.

To avail education loans upto Rs4-00 lakhs, security is not required. Beyond that, collateral security is required. Loan will be sanctioned upto 90% of the securities provided(FD).

Please visit your bankers, where you have the account and seek details regarding the repayment and interest.

An FD is not a must for availing education loan.However,collateral securities r necessary.If u do not have fixed assets but equivalent fixed deposit,u can avail the loan.The interest n principals r to be returned after the student finds a job.