Kerala HC upholds banks' right to reject education loans over poor credit score of co-borrower, says students have no fundamental right to loan

Justice M.A. Abdul Hakhim observed that while education loan schemes are intended to assist meritorious students, courts cannot direct banks to ignore eligibility conditions prescribed under the governing scheme, particularly where the validity of those conditions has not been challenged.

Kerala HC upholds banks' right to reject education loans over poor credit score of co-borrower, says students have no fundamental right to loan
Justice M.A. Abdul Hakhim observed that while education loan schemes are intended to assist meritorious students, courts cannot direct banks to ignore eligibility conditions prescribed under the governing scheme, particularly where the validity of those conditions has not been challenged.