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  #1  
31st August 2017, 10:50 PM
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Where to apply for flexible education loan to study degree course? Interest rate and collateral required for the education loan?


Sir, I want to get education loan to study degree course in Engineering. Where to apply for flexible education loan? Interest rate and collateral required for the education loan?




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  #2  
8th September 2017, 09:13 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Where to apply for flexible education loan to study degree course? Interest rate and collateral required for the education loan?

To get an education loan for pursuing higher studies i.e., degree course, you should have secured admission in any course in a recognised college/ university. You can apply for an education loan in any bank by providing your documents like Admission Proof, Income Proof, Address Proof, ID Proof, etc., for processing your education loan. The interest rate will be around 11-13% per annum and for education loans above Rs.4 lakhs, third-party guarantee or collateral security should be provided to bank for getting an education loan.
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