Education loan moratorium can hike Rs7.5 lakh loan to over Rs 10lakh even before EMI repayment starts: Be careful

While education loan may help you achieve dream education however it comes with a cost in terms of interest payment. The mechanism of interest payment differs among the lenders. The type of education loan you opt for and how you utilise your moratorium period, will decide how much repayment burden you will have when you start paying EMI.

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