A guarantor for a personal loan for education can be the applicant’s parent or relative. It is important to note that a guarantor is not the same as a co-applicant. A guarantor is a third person who guarantees the repayment of the Personal Loan for Education.For a smooth application process, ensure the guarantor furnishes all the necessary documents, such as proof of identity, proof of residence, salary slip, etc. If the applicant does not have a guarantor, Tata Capital offers a secured loan option as well.