Educational loan for Mba

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Educational Loan For Mba are of two types, secured and unsecured ones. Secured loan, as the name suggest means you have to show certain collaterals in the form of residential property (house/flat/apartment). to know more

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Presentation Transcript

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Educational Loan For Mba: Your Passport For Higher Studies Abroad

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Educational Loan For Mba are of two types, secured and unsecured ones. Secured loan, as the name suggest means you have to show certain collaterals in the form of residential property (house/flat/apartment), Fixed Deposits, Life Insurance with surrender value equivalent to loan amount, Existing house mortgaged and Non-agricultural land to avail the loan, while unsecured are given on the basis of guarantor or co-borrower who commits pay the money of the student is unable to pay for it due to any unfortunate event. It’s a high risk proposition so there would be a margin of around 1-2% in the interest rates and fees on such study loans.

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Each one possesses its own advantages; let’s have a look at it Secured loans Credit score of guardian/co-borrower will not matter a lot as there would be collaterals Higher borrowings because of collaterals Longer payback time Lower interest rates Unsecured loans: Don’t have to keep anything collaterals Easily available with good credit score Suited for professionals with steady income source

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And internet services are like icing on the cake, wherein you can compare loan in terms of interest rates, processing fee, loan disbursal, monthly instalments and more right from the cozy corners of the homes or colleagues. Overcome financial obstacles and take a leap into the world of success with Educational Loan For Mba online, now!

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