Pallavi Buragohain

9 days ago

How many days does it take to sanction an education loan?

Hi, has anyone here applied for an education loan? I would like to know How long does it take for a student loan to be approved? Please provide details on Education loan interest rate and all the necessary documents required to apply for one. #Educationloan

1 comment

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A D Mentor_tag

9 days ago

Hi, The number of days for a loan to get approved differs from bank to bank. The loan amount and the rate of interest depend on the profile of an applicant. Being a fall 2022 applicant, here is what I found during my loan research - Collateral loans: Canara Bank, SBI, Bank of Baroda, hdfc bank rate of interest starts around: 8.5% ICICI starts at 9% Non-collateral loans: HDFC bank starts around 1... See more