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  #1  
6th September 2016, 07:44 PM
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Which bank is providing an education loan in this financial year at minimum interest rate?


Hello sir, I want to take admission in top universities like Cambridge, Harvard and Oxford to study UG course. Please tell me which bank is providing an education loan in this financial year at minimum interest rate?




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  #2  
10th September 2016, 11:46 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Which bank is providing an education loan in this financial year at minimum interest rate?

Almost all banks have similar rate of interest for education loan. This is because the rate of interest for education loan is regulated by the Reserve Bank of India. So, you should consult different banks and opt for the bank in which you are eligible for some sort of subsidy. Apart from this SBI offers education loan at 1℅ lesser interest rate as compared to other banks but with stricter terms and conditions than that of other banks for education loan.
Do you have any question? or have anything to say?



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