Which country should I take an education loan from: India, Germany or Canada? What is the interest rate in these countries?
Asked by sunny shah
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1 Answer
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You cannot take a loan in a foreign country. You have to take a loan from an Indian bank only. You are supposed to show your finances while applying for the visa. In such cases, without loan you cannot even apply for the visa.
As you are going, you need a copy borrower either your parents or siblings and you have to give collateral security for the loan. Interest rate differs from bank to bank.
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