
Education Loans In India help the country and the economy in creating a skilled workforce.

Natasha Rey
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Google 2021-11-30
Various banks and financial institutions in India offer education loans for students pursuing specialized services within the country and abroad. These banks and financial institutions generally release a list of permitted courses and educational institutions for which these education loans are granted. 5 to 2 percent of the principal loan amount added to the existing marginal cost of lending rate (MCLR). The calculator works on a fixed interest rate and assumes that the student’s loan is currently in repayment. Using an education loan calculators is easier than doing the calculations mentally or even on a computer.
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