Education loan for abroad studies: Everything you need to know
Posted by soujanya on December 30th, 2020
Education loans are a saviour for students who want to complete their education or pursue higher studies but who do not have enough financial support to do so. Financial lenders in India provide education loan for abroad studies in India as well as overseas.
Benefits of applying for an education loan:
Processing fee- education loan for abroad studies
Banks charge an application processing fee which is at times refundable, depending on the bank you will avail a loan from. It is between INR 5000 to INR 10,000 for public and private banks but for NBFCs, it is usually 1% to 1.5% of the loan amount.
Procedure- education loan in india for abroad studies
Procedure for collateral-based education loan for abroad studies:
About the Authorsoujanya
Joined: December 17th, 2020
Articles Posted: 5
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