I come from a middle-class family and struggled to pass my Plus Two Science exams, eventually succeeding after multiple attempts. I need to get into college without spending much money and am willing to take an education loan. Is this possible?
Absolutely, it is possible to pursue higher education even if you come from a middle-class family and have faced challenges in your academic journey.
- Public Banks like the State Bank of India (SBI), Punjab National Bank (PNB), and Union Bank of India offer education loans with reasonable interest rates. These loans can cover tuition fees, accommodation, books, and other expenses. However, these banks require you to pledge collateral against the loan amount you require.
- If you lack collateral but have a co-applicant then private banks and NBFCs like ICICI Bank, Axis Bank, HDFC Credila, Avanse, and InCred also provide education loans. These are your go-to options for an education loan without collateral.
- If you lack both collateral and co-applicant then international lenders are your savior. They can provide you with an education loan for selected universities based in the US and Canada.
If you are wondering which lender is your best bet for education loans then GyanDhan can significantly enhance your chances of securing the best education loan deal by leveraging its extensive network of banking and financial partners. With a deep understanding of the education financing landscape, GyanDhan offers personalized loan options tailored to your specific needs and financial background. Wondering how to begin well check your loan eligibility now to get started.