#1  
3rd March 2018, 01:54 PM
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What kind of benefit I will get if study MS in USA through entrance exam while applying for Education Loan? Interest rate schemes to study in Abroad?


Sir, what interest rates will charges if I will do MS in USA by taking education loan in India? I have an interest to do MS there and I have applied for various exams like GRE, ACT, TOEFL and IELTS. I would also like to know that I get any benefit for getting education loan with any of these entrance exams?





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  #2  
23rd September 2022, 06:31 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: What kind of benefit I will get if study MS in USA through entrance exam while applying for Education Loan? Interest rate schemes to study in Abroad?

Some of the banks offering loan to study abroad
HDFC Bank
State Bank of India
Oriental bank of Commerce education
NBFCs

One can get upto INR 20 lacs for abroad colleges
Both collateral security and third party guarantee is required for loans exceeding 7.5 lacs
There are various expenses that are covered under education loan, that are directly related to course
There are various schemes offered , which provide subsidy in interest rate.
No need to liquidate valuable assets.
There is no fixed rate of Interest, for present rate , one has to follow official website of bank.
Do you have any question? or have anything to say?



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