Education Loan for Abroad Studies

Education Loan for Abroad Studies

Blog Article

Interest rates on education loans vary widely depending on whether the loan is secured or unsecured, the lender, and sometimes even the specific course and university. Rates can range from 8% to 14% per annum. Many banks offer a moratorium period, during which students aren’t required to make repayments — this typically includes the duration of the course plus 6 to 12 months after graduation.