Is leapfinance reliable to process education loan for Masters in US?

Question

#masters #leapfinance

A D · Answer

Hi Varun,
Yes, leap finance is reliable to process education loans. It is better to get quotes from multiple lenders and then finalize a lender. 
The loan amount and the rate of interest depend on the profile of an applicant. You will have to contact the loan agencies personally and find out.
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 10% https://yocket.com/blog/hdfc-credila-study-abroad-education-loan

Auxilo starts around 10% 
Avanse starts around 10.5%

Other loan providers are Mpower, prodigy.
https://yocket.com/blog/your-3-step-guide-to-getting-a-prodigy-finance-loan-for-american-ms-degrees https://yocket.com/blog/q-a-with-prodigy-finance-borrowers 
IMPORTANT- Here is an article for the terms that you need to know before opting for a bank loan: https://yocket.com/blog/11-important-education-loan-terms-you-need-to-know

A D · Answer

I am not sure about the disbursement process. Hopefully someone who has taken a loan from leap finance will reply.