Some education loan providers have the flexibility where the applicant can choose to start repaying the interest plus principle after he finds a job. The same is referred to interest flexibility.

  • Banks such as SBI & BOB have the flexibility. Axis does not have the flexibility
  • All NBFC can have partial repayment of loan. The same needs to be negotiated at the time of sanction.
  • Prodigy has the interest rate flexibility where as M-power does not have the same.
  • In case of US banks you choose the loan repayment options most suited to you.

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