Tag: Education Loan

I want to take education loan without collateral from any banks in India, can I get it? In general no banks in India are providing education loan without collateral for abroad study. There are few private banks and NBFCs which are providing the abroad education loan without any security but at higher rate of Interest. […]

I took an education loan of Rs 13 lacs at 8.6% in 2015.The outstanding now is Rs 8 lacs .I opted repayment period of 8 years as the tax benefit on education is for eight years only. I have been claiming Income Tax exemption on the interest component of close to Rs 80000 every year. […]