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  #1  
13th October 2017, 11:40 AM
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How is it beneficial to apply for education loan in government banks instead of private banks?


Sir, I want to study Engineering course and for it I need education loan. Is it beneficial to apply for education loan in government banks instead of private banks?




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  #2  
14th October 2017, 04:25 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: How is it beneficial to apply for education loan in government banks instead of private banks?

Yes, it will be beneficial for you if apply for an education loan in government banks instead of private banks. The rate of interest for an education loan in government banks will be comparatively less with private banks, so, the amount of interest that you need to pay will be less, if you take an education loan from government bank. To be eligible to apply for an education loan, you should have secured admission in any course in a recognised college/ university.
Do you have any question? or have anything to say?



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