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are the options available for obtaining guarantors while applying for a HDFC/LIC loan?

April 26, 2017guarantors hdfc lic loan Options

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are the options available for obtaining guarantors while applying for a HDFC/LIC loan?

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One will need a guarantor for a loan mainly for collateral security. The guarantor will have to demonstrate appropriate net worth to cover for the loan. Usually one can have a guarantor in any city where the loan issuer has a branch. Talk to loan issuers they will work something out for NRIs and foreign banks.