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  #1  
9th December 2015, 05:07 PM
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How can I get Education Loan of Rs. 20 Lacs with low interest rates to study MS in UK?


Hello,
I need an education loan of Rs. 20 Lacs for my MS in UK. I have also received an unconditional offer letter from the University of Bristol. But my father is not that financially strong at this moment. Please advice how can I get a low interest educational loan and complete my education.




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  #2  
12th December 2015, 03:04 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How can I get Education Loan of Rs. 20 Lacs with low interest rates to study MS in UK?

The terms and conditions of education loan have become quite lenient. Now banks are more aggressive in lending loan. There is no problem if the financial condition of your family is not strong. Since you need education loan of 20 lakhs, so you need to mortgage any property as per value of your education loan to get your loan request sanctioned. Among all the banks, SBI charges the lowest rate of interest. You can mortgage properties like house, land, vehicle, insurance, etc. to get your education loan sanctioned. Apart from this, you should also try for scholarship to meet the expense of your MS course.
Do you have any question? or have anything to say?



« Interest rates charge against Education Loan to study MDS? Process of recovery? | How can I repay Education Loan if get job in UK after completing MS? »

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