Education loan for studying abroad
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Which bank is the best for an education loan for studying abroad?
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@shruti-rai
There is no one right answer to this question. The bank you choose will depend on your personal financial situation. But let’s look at the options you have-- Public banks: Public Sector Banks or PSB’s, like SBI, offer low-interest rates. Apply for a loan here at least 20-25 days in advance.
- Private banks: The good thing about private banks like HDFC and Axis is that they offer higher amounts of loans than PSB’s for unsecured loans.
- NBFC’s: NBFC’s are a great option if you want to get an unsecured loan in a very short period of time.
You can read all about getting an education loan here: Education loan for abroad studies