I would like to do Masters abroad by taking 15 lack as a loan. What would be the monthly amount if I wanted to complete the loan in 3-years?

My Masters course is of 2-years. Can I start to repay only after that? Is it repayable if I am working in Canada as a quality engineer?

29 Views|Posted 7 years ago

1 Answer

Sort by:

Answered by

7 years ago

To repay INR 15 Lacs loan, with an interest rate of 11-12%, in three years, you need to pay at least 55K per month.

Upvote

Planning to study abroad?

Get end-to-end expert guidance on

University Shortlisting, University Application, Visa and Education Loan

On Shiksha Study Abroad, get access to

Countries

Universities

161k

Courses

196

Scholarships

Search from Shiksha's 1 lakh+ Topics

See what others like you are asking & answering