Education and Career Forum

What is the education loan actually is and after that how many types of education are there present in Indian banking system

Education loan is nothing but the amount offered by the bank for the candidate who is interested to pursue higher studies in recognised college/ university. There are different types of education loans offered by different banks. Almost all the education loans offered by different banks have same interest rates, margin, security, eligibility, repayment period, purpose, etc.,. Some education loan schemes have slight less interest rate than the normal interest rate and everything is same for all the education loans.