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gmatAspire2020
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GMAT 1: 750 Q49 V42
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Hello
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No loan is always better option if you have savings. Otherwise check your local financial institutions and compare the prices.
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GyanDhan_Finance
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Hey there,

There are many other lenders that can be useful in getting an education loan apart from Prodigy Finance. One similar lender like Prodigy Finance is MPOWER Financing. They will provide you with a loan of up to 100,000 USD at a fixed interest rate of 13.99% depending on whether your targeted institute is on the approved list or not. They have an interest rate incentive of 0.25% in case you sign up for autopay. It can be a good option as they specialize in providing loans for students planning to study in USA or Canada.

Apart from that, there are several NBFCs that can also provide you with an education loan. These are -

    1. HDFC Credila offers loans up to 65 Lakhs INR with an interest rate ranging from 11.25% to 13%.

    2. Auxilo provides loans up to 65 Lakhs INR with an interest rate ranging from 11.25% to 13%.

    3. Incred extends loans up to 60 Lakhs INR with an interest rate ranging from 12.25% to 14%.

    4. Avanse offers loans up to 75 Lakhs INR with an interest rate ranging from 12.50% to 13.50%.

Now that you are aware of the different lenders that can provide you with education loans apart from Prodigy Finance you can successfully apply for the same. In case you want to skip all the troubles then check your loan eligibility through GyanDhan. We will help you end to end and all our services are free of cost.
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Absolute horror!!! Do not take loans from Prodigy Finance at any cost. They don't honour their commitment. They can pull funding at any point in time, especially in the 2nd year, even though all your credentials are in good standing.