Student loans are loans offered to students to help in the payment of the costs of professional education. These loans usually carry a lower interest rate than other loans and are usually issued by the government. In India, students have the options to repay the loan when they start earnig. Most of the government banks are also oferring interest free loans to the students and now a days they don't even ask for securities. Government banks charge low rates of 10% to 12% and the private banks charge from 14% to 16%.
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