Which is the best bank to get loan to study in Canada?

Make money by posting Answer/Content to this topic

Add Content to this Topic
Author: Venkiteswaran      Post Date: 09 Apr 2023        
Almost all banks have education loan facility for study in India and abroad. Hence a prospective student can choose any bank as per other convenience parameters for approaching for an education loan for study in Canada.
However I would suggest to approach the bank where the student or parents now bank with, preferably a nationalised bank. Most of these banks have now online facilities for applying for education(study)loan.

I would suggest that the student and/or parent approach the bank where they are now banking with and discuss the matter. From the discussion the necessary documents and procedures can be known and then it will be easy to apply for the loan.
The student/parent may also search the web site of one or two other shortlisted banks and then compare the interest rates and other conditions and then choose the one which mostly suits them.

Before applying for the loan the applicant should be fully aware of all the prospective expenses including boarding, hostel, appliances exams etc. charges. The student and parent should also be clear as to how much funds they can provide from their own source without borrowing. They should also be aware of the future career opportunities and average remuneration from such jobs. All these will help is clearly evaluating the loan quantum and also the EMI/repayment amount and terms.
Author: Abichandh AD      Post Date: 10 Apr 2023        
After researching various banks in Canada, I personally found that HDFC Credila Bank was the best option for me to get a loan to study in Canada. Not only did they provide competitive rates, but the application process was straightforward and the customer service was excellent. I applied for the loan online and the whole process was completed within a couple of days. All in all, I'm very satisfied with my decision to go with HDFC Credila Bank for my loan.
Author: Algo Shaji      Post Date: 11 Apr 2023        
I personally had a great experience getting a loan to study in Canada from HDFC Bank. Their process was straightforward and user-friendly, and their customer service team was incredibly helpful and responsive. They were able to provide me with a competitive interest rate and flexible repayment plan, making it easier to manage my loan while I was studying abroad. I highly recommend HDFC Bank for anyone looking to finance their studies in Canada.
Find more Topics.