What you need to know before taking an education loan
If you plan to take a loan for higher education, look for cheaper interest rate and lower fees
Adityendra Suman, 29, a Mumbai-based senior consultant at Dalberg, global development advisors, graduated from the Indian School of Business (ISB), Hyderabad, in 2016. He had taken a Rs23 lakh education loan from the Union Bank of India at 8.5% interest rate for a 15-year tenure, while the course fee was Rs25 lakh.
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