How To Choose The Right Education Loan For You?

IDFC FIRST Bank

Looking to apply for an education loan?

Have you chosen the best offer?

Find the right loan for comprehensive and cost-effective funding. Here are some tips how.

IDFC FIRST Bank

Check the expenses covered

Firstly, check the expenses that the loan covers. Choose a loan which is comprehensive and covers most of the expenses. 

IDFC FIRST Bank

Check the loan amount

The loan amount depends on your eligibility assessed by the lender. Check which lender is offering & how much to choose the highest offer. 

IDFC FIRST Bank

Know the interest rate

Comparing the interest rates of the loan is important to find the lowest rate and save on the added expense of the loan. 

IDFC FIRST Bank

Check the eligibility

Check the eligibility criteria of the lender. Ensure that you meet the parameters so that your loan application is successful. 

IDFC FIRST Bank

Check for collaterals

In high-value loans, a collateral security is usually required. Check if you have sufficient assets to pledge for the loan.

IDFC FIRST Bank

IDFC FIRST Bank offers one of the best education loans. Get collateral free loans up to Rs.50 lakhs at attractive interest rates.

IDFC FIRST Bank