Overseas education loans have become a saviour for students who wish to study abroad but lack finances. However, to get an education loan abroad, they turn to banks or NBFCs. But the banks and NBFCs seem to confuse students by revealing information about collateral and non-collateral loans. Now, you also must be wondering what the difference is between a collateral and a non-collateral loan. Not only this, but you must have questions about which type of overseas education loan to prefer.
You must continue reading the article to learn more about this.
