Types of Education Loan
Can I get a 25 lakh education loan without collateral?
Yes, non-collateral education loans are flexible in loan amount. Students can get upto 50 lakhs education loan without collateral.
Can I get a 70 lakh education loan?
Normally a student can get upto 50 lakhs loan without collateral. But when a student wants to get a loan more than 50 lakhs, he has to go for NBFCs. To get 70 lakh education loan, students have to repay higher education loan.
Can I get an 80 lakh education loan without collateral?
No, you can not get a loan of amount above 50 lakh without collateral. Without collateral, a student can get a loan upto 50 lakhs.
Types of Education Loan
Education loans are very important in the perspective of students’ studies, especially for the students who are willing to study higher education. Education loan is often called student loans. There are various types of education loans available in India. In this article, we will learn about education loans along with the various types of education loans and their brief discussion.
Table of Content
- What is an Education Loan?
- Types of Education Loan
- 1. Education Loans Based on Location
- 2. Education Loans Based on the Course of Education
- 3. Education Loans Based on the Security of Collaterals and/or Guarantee
- 4. Loans for Parents
- Features & Benefits of Education Loan
- List of Expenses Covered in Education Loan
- Best Education Loan in 2024
- Conclusion
- FAQs – Types of Education Loan