Education Loan, in simple terms is a financial help to accomplish a course whether in India or abroad by paying a little extra over a period of time. Thus one can exhibits his or her skills on a global platform with the help of education. “An education loan or a student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses.” (Source-Wikipedia)
The cost of education is increasing day by day. A middle class family is starving hard for money to make his family needs but the money incurred in an education becomes costlier day by day. The professional courses (like MBA, B-tech, M.B.B.S. and others) have their fees above 6 Lacs. Thus a common man can’t afford the cost of an education. So the Education Loan comes into picture. The government also has some subsidies scheme in Education loan through which the interest on education loans further reduced.
We at compare2loan provide you one of the best comparisons of education Loan interest rate of different banks which leads you to choose the lowest education loan interest rates. We give you the opportunity to compare education loan interest rate in fraction of time. For this we have tie up with different banks.
Although the rates of education loan is not so vary as compare to other loans but it can be further lowered by compare it from different companies. The education loan always seeks a student having a good and approved curriculum course normally AICTE or UGC approved courses. It can be of both types Secured or unsecured but sometimes banks made collateral in case of education loan as a guarantee. So before applying an education loan one should clear in his mind the course credibility and others for smother process of education loan. We can help you to make a decision on any loan which gives you the lots of benefit on attractive interest rates for example cheap-interest-rates-education-loan in case choosing an education loan. We provide a tool with the help of that you can easily compare Axis Bank, Canara Bank, Hdfc Bank, ICICI Bank, Citi Bank, Kotak Mahindra Bank, SBI Bank, Yes Bank, Indusind Bank, Union Bank of India, HDFC Credila & others companies Education loan interest rates.
We hereby have tie-up with the top education loan companies in India to provide you lower and attractive interest rates in just a single step ahead.
Also we are giving an access to EMI calculator for education Loan where you can calculate easily how much EMI you have to pay for a loan amount whose interest is governed according to different companies for a particular period of time. “What is a education Loan”, is now answered in a better way from the above. We at compare2loan.com help you to compare all companies’ interest rates while applying for education loan.
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