What is Personal Loan?
A Bandhan Bank Personal Loan is the easiest way to overcome your financial crisis. It is a life saver. As the name suggests, a Personal Loan may be opted by an individual due to an urgent requirement of cash, for example, any medical issue, education purpose or wedding or to fulfil any of your other personal needs.
To Know More About: Bandhan Bank Personal Loan
Which is a better option: Personal Loan or Education Loan?
There are different types of loans that are available in the market. Loan type depends on the need of the customer.
Every loan has pros and cons according to their needs.
The rate of interest for both loans are different from each other. A personal loan has a higher rate of interest than the education loan. A personal loan starts from 10.75% and can go up to 20% or even more. Whereas, an education loan starts from 8%.
You can take a personal loan for a maximum period of 5 years whereas the education loan icontinue reading →