Seeking education loan to study abroad? Here’s what you should know - News

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Sarbajeet K Sen

Moneycontrol News

Are you heading overseas for higher studies in the coming academic year? If you have been granted admission to one of the many foreign institutions, you might also be seeking a loan to finance your studies since foreign education can be quite expensive.

Education loans are not difficult to get as many lenders are vying to offer finance to students. “Any person of Indian origin, between the ages of 16-35 years and pursuing a degree in India or abroad can apply for an education loan,” Adhil Shetty, CEO, Bankbazaar said.

But there are things you should be aware of before heading to the lender with your application. Firstly, education loans can be expensive and hence you should assess your future…

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