education loan schemes

Right Way to Calculate EMIs Using Education Loan Calculator

Right Way to Calculate EMIs Using Education Loan Calculator

Education loans have been a boon to students willing to pursue higher studies overseas. Lenders in India offer various education loan schemes catering to the needs of students, and the fact that these are high-value loans available at affordable interest rates make them all the more desirable to borrowers. However, when estimating the monthly payable EMIs, it is a good idea to make use of an education loan calculator so you know how to budget and keep aside from monthly expenses.  EMI or Equated Monthly Instalment is a fixed payment made every month by the borrower to the lender. This…
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