Education and Career Forum

Hello Friends,
I will apply for an Education Loan for doing M.Pharmacy course. I have heard that first I need to compare Education Loans of various banks. So, I want to know the process that how can I compare Education Loans of many banks? I don’t want to consume time much for this so please suggest me some easiest way.

It is not necessary to compare education loan scheme of different banks. You can apply for education loan in the bank of your choice. However, it is better to compare to ensure that you get the best facility and easy processing of your education loan.

- Approach different banks to know their education loan scheme in details.
- See how much cooperative are the bank workers of the concerned branch.
- Get to know whether there are any subsidies or not.
- Compare the terms and conditions of different banks.
- Get to know the time they will take for processing your education loan request.
- Lastly have a comparison on the repayment mode/scheme of different banks and then decide the bank from which you want to seek education loan.