20th June 2014, 08:51 PM
Posts: n/a

IS there any interest free education loan available?

Respected Sir,
Is there any interest free educational loan available for higher education ?

22nd June 2014, 11:09 AM
Senior Member+++++
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: IS there any interest free education loan available?

No, there is no education loan which is available wherein the organization do not charge interest on the loan. However, you can get scholarship from Sahu Jain Trust wherein you need to pay the scholarship amount after you get job without any interest. The interest rate for the banks normally fluctuates between 13.5-14.5 percent. For SBI, it is 12.5-13.5 percent (one percent lower than other banks).
Do you have any question? or have anything to say?

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