FAQ

To find out what could be the result of the fixed rate of interest over your EMIs and how much you end up paying interest for the borrowed education loan, use the Education Loan EMI calculator. The tool allows customers to make their final decision...

The margin money is an amount you need to pay after the loan gets sanctioned. And the amount is not to be paid to the lender but to the educational institution. Your margin money would be reduced from your loan amount as it is not financed by the...

Yes, an education loan request can be rejected if the borrower doesn't satisfy the conditions put forth by the lender. The conditions can be academic, economic or any other. If the institute in which you want to get admission doesn’t have a good...

The key to a smooth home loan repayment lies with the interest rate that the lender charges on the same. As home loans are long-term loans with tenures ranging around 20-30 years, the interest repayment can be more than the principal amount by the...

For getting admission into premier institutes in India, you could need funds to the tune of INR 10 lakh and more. But don’t worry as the country’s largest lender State Bank of India (SBI) offers you the fund for top educational institutions such...

Yes, you can reduce your personal loan EMI by using several ways. The lesser EMI amount will decrease the overall interest outgo provided you are not increasing the tenure to decrease the installment amount. If the Equated Monthly Installment (EMI)...

The bank may finance up to INR 10,00,000 for studies in India and INR 20,00,000 and above for overseas studies. The loan comes at an attractive rate of interest, which will be reflected in affordable Equated Monthly Installments (EMIs). Up to INR...

Taking a loan against gold is one thing that has not started today but has been in the Indian culture even before banks and other financial institutions were in existence. The only difference between then and now is that in the current times, this...

Personal loan is a collateral-free and unsecured type of loan that doesn't require the purpose to be defined for what it is going to be used for. Hence, at times to fulfil multiple requirements people resort to multiple personal loans. And the more...

Credit scores are an everyday factor in our lives whether we are aware of it or not. How much you pay on your home mortgage or auto loan is impacted by credit rating. How much amount of loan you can avail from a bank and at what rate of interest is...