When it comes to your education, you need to make the right choices, and to be able to do so you need proper information on the subject. So if you've opted for an education loan to fund your study abroad like the majority of students, it is crucial to know your options.
Documents required for a Bangalore education loan process
We have earlier written an article on documents required for the education loan process. It has comprehensively covered the topic to which you can refer to know about- Education loan documents required by Private and Government banks
For the Bangalore education loan process, the extra documents you would need to take care of are A Khata, B Khata, etc. which is already mentioned. So while taking an education loan in Bangalore, many a time due to lack of information regarding the type of acceptable collaterals and all the required Bangalore specific documents (which we will discuss later in this article) students don’t get the best deal that they could've gotten from the lenders. Bridging the gap with this article, we will explore the types of education loans (collateral / non-collateral) students can get.
So to summarize, if you have and can provide collateral it is the recommended to go with Government banks for an education loan in Bangalore as they provide better deals with a lower interest rate. With private banks and NBFCs, the interest rates are on a little higher side as they provide an unsecured education loan but with no other options, we can go with these private lenders as well for an education loan in Bangalore. We try our best to get students the best deal they can get. So do reach out to WeMakeScholars by requesting a callback, our team of financial officers assists you with the entire education loan process until sanction, disbursement, and beyond.
Read more: https://www.wemakescholars.com/blog/education-loan-in-bangalore-eligibility-criteria-application-process-know-all
