How can we pay for loans while our financial condition is not that strong?
Asked by Loshni Christina about 1 year ago
The tenure that you get to pay off the loan from all of these banks is 15 years, so you don’t have to worry if you would be able to pay off the debt or not. You can easily work through your EMIs and look for jobs that fetch you good salaries and growth. As a student and as a working professional, you will have a financial back that could help your career progress.
In the last year itself, 76% of study aspirants took loans for their masters abroad which shows that the process is very feasible by example.. We’ve personally helped around 2000 students with their loan process. So until your family or you yourself have managed to save up enough money, you should definitely consider taking a loan which suits your requirements.
I have curated a list of banks that offer you the cheapest loans along with their interest rates, so that it gives you a bird’s eye view.
Axis Bank - 13.70% P.A
HDFC Bank - 13.8% P.A
Bank of Baroda - 9.85% P.A
SBI - 13.70% P.A
Federal Bank - 13.6% P.A
If any of this feels like a hassle, you can directly get in touch with experts from the industry who have been doing this for a while and can help you accelerate the process. They will will make sure none of your study abroad dreams get hampered because of some financial constraints.
Let me know if this helped and if you need any other information from my end.
Have another Question?
Get Answers from Experts within 12 hours