I need an educational loan for Rs. 2 lakhs for pursuing ug studies.?
In your case, you need to covince your lender that you are going to a prestigious college with good placement record. If your college is a good one and having 100% placement records, Banks may consider a co-applicant having low income. Also there is a Govt. scheme where you need not pay interest during moratorium period and Govt. would take care of that. You can also apply for that.