Up to Rs. 4 lacs: a) No Security
b) Co-obligation of parents
Above Rs. 4 lacs and up to Rs.7.50 lacs a) Co obligation of parents and
b) Collateral Security in the form of suitable 3rd party guarantee.
Above Rs. 7.50 lacs a) Co-obligation of parents,
b) Tangible collateral security equivalent to full value of loan.
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