#1  
16th February 2016, 03:51 PM
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How can I compare an education loan scheme of different banks?


Hello,
I am going to do B.Tech in Hyderabad. And I am willing to take an education loan for this. Kindly tell me how do I compare an education loan scheme of different banks? Please tell me asap.





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  #2  
18th February 2016, 04:18 AM
ArunavaBasu
Senior Member++++
 
Join Date: Mar 2015
Posts: 2,155
Default Re: How can I compare an education loan scheme of different banks?

The only point of contention when you are considering an Educational Loan is the interest rate that is being charged by the Bank.
The rest of the parameters throughout the banking sector of India is same.
So you should look at the interest rates carefully.
The interest rate of SBI is the least and it is 1% less than the other Banks.
So it is best for you to go to SBI for the Educational Loan.
Do you have any question? or have anything to say?





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