UBI vs BOB: Which is Better for Education Loans?

by williamair1

both these banks do not charge any prepayment penalties if you decided to foreclose your loaIn 2022, the number of Indian students pursuing education abroad reached a six-year peak, with over 770,000 students venturing overseas. This trend led to a 68% increase in the loans disbursed by public sector banks for the same year, resulting in approximately 7,500 crore INR being disbursed. This makes it evident that public sector banks are the preferred choice when it comes to abroad education loans. If you're also planning to fulfill your dream of studying abroad soon, you may also be exploring education loan options in public sector banks as well. In this blog, we are going to compare two prominent public sector banks that is SBI and BOB so that you can make an informed decision.

This is a companion discussion topic for the original entry at https://www.gyandhan.com/blogs/ubi-vs-bob-education-loan