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SquishyUnicorn
SquishyUnicorn
Stealth

Education loan

Hi guys, need advice, i am planning to pursue higher studies in India. Looking to know your experience in education loan, which is better, rate of interest and other details!

Please share your experience. Do and don’t if any.

Thanks!

6mo ago
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FluffyCupcake
FluffyCupcake
Amazon6mo

As we don’t know about the loan amount and targeted institution. It’s best to check with bank on the campus itself. They usually give the best deal without any securities. For example - SBI@IIMs give you 25+ lacs education loan without any security. If you go outside, you have to give security for education loan > 7.5 lakhs.

SquishyUnicorn
SquishyUnicorn
Stealth6mo

Okay thanks.

Loan amount is sub 20lac btw, the institution is in the process of getting these banks empaneled.

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