There are different types of education loans available for students planning to study abroad. Some of the common types of education loans for abroad studies are:
- Secured Education Loans: These types of loans require collateral, such as property or fixed deposits, to be submitted as security against the loan amount. Since these loans are secured, they often have lower interest rates and higher loan amounts.
- Unsecured Education Loans: These types of loans do not require collateral and are given based on the borrower’s and Co borrowers Since these loans are unsecured, they often have higher interest rates and lower loan amounts.
