Under the Credit Guarantee Fund Scheme for Education Loans (CGFSEL) a student can avail education upto Rs 7.5 lakh without any collateral security or third-party guarantee.
source https://www.ndtv.com/business/education-loan-guarantee-limit-likely-to-be-increased-to-rs-10-lakh-3427632
source https://www.ndtv.com/business/education-loan-guarantee-limit-likely-to-be-increased-to-rs-10-lakh-3427632
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