Multiple student loans for study abroad?

My study program will cost me around $ 100,000, but maximum loan limit for study abroad is 20 lacs, Can I take multiple student loans from different banks by pledging different properties for every loan. Is it a crime? Thank you,Perry.

One Reply to “Multiple student loans for study abroad?”

  1. While availing loan you have to declare the loans already availed & if you mention that you have already availed loan you can get another loan.Education loan limit is enhanced to Rs25 lacs.for study abroad.Loan is not depending on security mortgaged but showing repaying capacity after completing your education.You can avail Rs.25lacs as loan & rest you should be able to manage from some part time jobs or from your own sources.

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