I am an Indian going for MS in US. Which bank/company should I prefer for my education loan?  


Honorable Member
Joined: 5 months ago
Posts: 508
16/10/2019 6:23 am  

Whichever gives you the most with least interest charges!  Apparently any Indian nationalised bank charges you around 11.5% - 13.5% Interest. You can choose any bank which has flexible repaying plans. Irrespective of which bank you apply for, just be careful with loan repayment plans, various other charges/costs involved. Etc.

On the other hand, there are few private players like Credila, Avanse and others who are much faster and less tedious than other nationalised banks in terms of availing loans. Comparatively their interest rates are little high. But have good plans, and are trust worthy too.

Hope this helps!