{"id":433,"date":"2023-03-28T21:26:56","date_gmt":"2023-03-28T21:26:56","guid":{"rendered":"https:\/\/www.eduloans.org\/blogs\/?p=433"},"modified":"2024-08-11T13:41:12","modified_gmt":"2024-08-11T13:41:12","slug":"what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans","status":"publish","type":"post","link":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/","title":{"rendered":"What are the Different Types of Interest Rates Lenders Provide for Education Loans?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-436 size-full\" src=\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg\" alt=\"What are the Different Types of Interest Rates Lenders Provide for Education Loans\" width=\"1025\" height=\"676\" srcset=\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg 1025w, https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans-300x198.jpg 300w, https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans-768x507.jpg 768w, https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans-1024x675.jpg 1024w\" sizes=\"(max-width: 1025px) 100vw, 1025px\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69f99297b459b\" ><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-69f99297b459b\"  type=\"checkbox\" id=\"item-69f99297b459b\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#What_are_the_Different_Types_of_Interest_Rates_Lenders_Provide_for_Education_Loans\" title=\"What are the Different Types of Interest Rates Lenders Provide for Education Loans?\">What are the Different Types of Interest Rates Lenders Provide for Education Loans?<\/a><ul class='ez-toc-list-level-2'><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#What_are_Interest_Rates\" title=\"What are Interest Rates?\">What are Interest Rates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Types_of_Interest_Rates\" title=\"Types of Interest Rates\">Types of Interest Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Fixed_Interest_Rates\" title=\"Fixed Interest Rates\">Fixed Interest Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Variable_Interest_Rates\" title=\"Variable Interest Rates\">Variable Interest Rates<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Prime_Interest_Rates\" title=\"Prime Interest Rates\">Prime Interest Rates<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Discounted_Interest_Rates\" title=\"Discounted Interest Rates\">Discounted Interest Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Simple_Interest_Rates\" title=\"Simple Interest Rates\">Simple Interest Rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#Annual_Percentage_Rate\" title=\"Annual Percentage Rate\">Annual Percentage Rate<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 style=\"text-align: center;\"><span class=\"ez-toc-section\" id=\"What_are_the_Different_Types_of_Interest_Rates_Lenders_Provide_for_Education_Loans\"><\/span>What are the Different Types of Interest Rates Lenders Provide for Education Loans?<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><a href=\"https:\/\/www.eduloans.org\/blogs\/why-should-you-look-at-education-loans\/\"><span style=\"font-weight: 400;\">Education Loan<\/span><\/a><span style=\"font-weight: 400;\"> is a financial facility that extends monetary assistance to students aspiring to study in India or abroad. However, it is often held back due to financial constraints. Various public, private, and cooperative banks and NBFCs are <\/span><b>financial lenders<\/b><span style=\"font-weight: 400;\"> that offer education loans at different interest rates that cater to all the requirements of students.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While overseas education is getting expensive, it is hard for aspirants to pursue higher education in reputed institutes outside of India. Hence, here financial institutions come into the frame and extend assistance with education loan schemes to promote academic excellence so that bright minds contribute their knowledge to uplift society.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This blog will discuss the types of interest <\/span><b>financial lenders <\/b><span style=\"font-weight: 400;\">provide<\/span> <span style=\"font-weight: 400;\">for education loans.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_are_Interest_Rates\"><\/span><strong>What are Interest Rates?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">An <\/span><a href=\"https:\/\/www.eduloans.org\/blogs\/category\/rate-of-interest\/\"><span style=\"font-weight: 400;\">interest rate<\/span><\/a><span style=\"font-weight: 400;\"> is money charged on the principal loan amount borrowed from a lender. If you borrow money from someone, you will have to pay some monthly amount over and above the principal amount. Borrowing money from a bank or <\/span><b>financial lender<\/b><span style=\"font-weight: 400;\"> is a cost. In abroad education loans, even a slight variation in interest rate per annum can significantly affect the total amount.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Interest_Rates\"><\/span><strong>Types of Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Different <\/span><b>types of interest rate<\/b><span style=\"font-weight: 400;\"> present in the financial market are devised according to the needs and requirements. Let\u2019s look at some of the primary types of interest rates.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fixed_Interest_Rates\"><\/span><strong>Fixed Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As the name refers,<\/span><b> fixed interest rates <\/b><span style=\"font-weight: 400;\">do not change throughout an education loan\u2019s lifetime. Say you have borrowed an education loan with a 5% <\/span><b>fixed interest rate<\/b><span style=\"font-weight: 400;\">. It implies that you will pay 5% of the loan\u2019s outstanding principal each time payments are due. <\/span><b>Fixed interest rates<\/b><span style=\"font-weight: 400;\"> are usually a better deal. While borrowers often get burdened with a higher interest rate, in the long run, they are usually better off taking a loan based on known and certain terms.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Variable_Interest_Rates\"><\/span><strong>Variable Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>Variable interest rates<\/b><span style=\"font-weight: 400;\"> are interest rates that can change over a lifetime. Suppose you have borrowed an education loan with a 5% <\/span><b>variable interest rate<\/b><span style=\"font-weight: 400;\">. This means you start paying 5% of the loan\u2019s outstanding principal each time payments are due, but the lender can periodically change that rate. As a result, your interest rate might be 6% next year, but the year after, it may drop to 4%.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Prime_Interest_Rates\"><\/span><strong>Prime Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The <\/span><b>Prime interest rates<\/b><span style=\"font-weight: 400;\"> are those that <\/span><b>financial lenders<\/b><span style=\"font-weight: 400;\"> charge their most creditworthy customers. The Regulatory authority sets the funds as the basis for the <\/span><b>prime interest rate<\/b><span style=\"font-weight: 400;\">. The <\/span><b>prime interest rate<\/b><span style=\"font-weight: 400;\"> is the most commonly used benchmark <\/span><b>financial lenders<\/b><span style=\"font-weight: 400;\"> use when setting their interest rates for various products, such as education loans.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Discounted_Interest_Rates\"><\/span><strong>Discounted Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>discount interest rate<\/b><span style=\"font-weight: 400;\"> determines the present future cash flows in a discounted cash flow analysis, which helps determine if the future cash will be worth more than the capital needed to fund the loan needed in the present.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Simple_Interest_Rates\"><\/span><strong>Simple Interest Rates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Also known as Regular interest rates, <\/span><b>simple interest rates <\/b><span style=\"font-weight: 400;\">is your basic interest rate. <\/span><b>Simple interest rates<\/b><span style=\"font-weight: 400;\"> are the straightforward calculation of how much you have borrowed without correcting for other factors. For example, you might borrow Rs. 10,000 at a 5% annual interest rate. You would pay Rs.500 per year for simple interest.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now that we have understood the <\/span><b>types of interest rates<\/b><span style=\"font-weight: 400;\"> let us understand another financial tool for interest rates.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Annual_Percentage_Rate\"><\/span><strong>Annual Percentage Rate<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>Annual Percentage Rate<\/b><span style=\"font-weight: 400;\"> is the monthly cost you pay to borrow money, including fees, expressed as a percentage. The <\/span><b>Annual Percentage Rate<\/b><span style=\"font-weight: 400;\"> is a broader measure of the cost of borrowing money since it reflects the interest rate and the fees you must pay to get the loan. The higher the <\/span><b>Annual Percentage Rate<\/b><span style=\"font-weight: 400;\">, the more you will pay over the loan\u2019s life.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Final Thought<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Education loans can help you cover the cost of higher education. However, borrowers need to know their requirements and take loan options carefully, as interest rates are attached. A slight mistake can cost you financially. That\u2019s why <\/span><a href=\"https:\/\/www.eduloans.org\/\"><span style=\"font-weight: 400;\">EduLoans<\/span><\/a><span style=\"font-weight: 400;\"> provides complete assistance in selecting the right loan with attractive interest rates from trusted <\/span><b>financial lenders<\/b><span style=\"font-weight: 400;\">. So, what are you waiting for? <\/span><a href=\"mailto:akshay.d@eduloans.org\"><span style=\"font-weight: 400;\">Reach out to our counselors<\/span><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"tel:%20+91%207045997710%20\/%207045864794\"><span style=\"font-weight: 400;\">give us a call<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50\"><a class=\"wp-block-button__link has-background has-text-align-center wp-element-button\" href=\"https:\/\/www.eduloans.org\/user\/register\" style=\"background-color:#ff9900\" target=\"_blank\" rel=\"noreferrer noopener\">Contact Us<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>What are the Different Types of Interest Rates Lenders Provide for Education Loans? Education Loan is a financial facility that&hellip; <\/p>\n","protected":false},"author":3,"featured_media":436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,24,57,84,43,28],"class_list":["post-433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-education-loan","tag-education-loan-abroad","tag-education-loan-abroad-study","tag-education-loan-interest-rate","tag-loan-for-study-abroad","tag-study-abroad-education-loans"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.2 (Yoast SEO v23.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are the Different Types of Interest Rates Lenders Provide for Education Loans? - Education Loans Blog - Empowering Dreams<\/title>\n<meta name=\"description\" content=\"Description Here...!!!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are the Different Types of Interest Rates Lenders Provide for Education Loans?\" \/>\n<meta property=\"og:description\" content=\"Description Here...!!!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\" \/>\n<meta property=\"og:site_name\" content=\"Education Loans Blog - Empowering Dreams\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Eduloanslive\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-28T21:26:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-11T13:41:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1025\" \/>\n\t<meta property=\"og:image:height\" content=\"676\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Banit Sawhney\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Live59003833\" \/>\n<meta name=\"twitter:site\" content=\"@Live59003833\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Banit Sawhney\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\"},\"author\":{\"name\":\"Banit Sawhney\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/a64bf271188ab5a8a0e4ec384ceb2482\"},\"headline\":\"What are the Different Types of Interest Rates Lenders Provide for Education Loans?\",\"datePublished\":\"2023-03-28T21:26:56+00:00\",\"dateModified\":\"2024-08-11T13:41:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\"},\"wordCount\":717,\"publisher\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg\",\"keywords\":[\"education loan\",\"education loan abroad\",\"education loan abroad study\",\"education loan interest rate\",\"loan for study abroad\",\"study abroad education loans\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\",\"name\":\"What are the Different Types of Interest Rates Lenders Provide for Education Loans? - Education Loans Blog - Empowering Dreams\",\"isPartOf\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg\",\"datePublished\":\"2023-03-28T21:26:56+00:00\",\"dateModified\":\"2024-08-11T13:41:12+00:00\",\"description\":\"Description Here...!!!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg\",\"contentUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg\",\"width\":1025,\"height\":676,\"caption\":\"What are the Different Types of Interest Rates Lenders Provide for Education Loans\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.eduloans.org\/blogs\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What are the Different Types of Interest Rates Lenders Provide for Education Loans?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#website\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/\",\"name\":\"Education Loans Blog - Empowering Dreams\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.eduloans.org\/blogs\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#organization\",\"name\":\"Education Loans Blog - Empowering Dreams\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png\",\"contentUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png\",\"width\":181,\"height\":50,\"caption\":\"Education Loans Blog - Empowering Dreams\"},\"image\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Eduloanslive\/\",\"https:\/\/x.com\/Live59003833\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/a64bf271188ab5a8a0e4ec384ceb2482\",\"name\":\"Banit Sawhney\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/2fb891e00006e02daa96d45050ba914e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/2fb891e00006e02daa96d45050ba914e?s=96&d=mm&r=g\",\"caption\":\"Banit Sawhney\"},\"url\":\"https:\/\/www.eduloans.org\/blogs\/author\/gadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What are the Different Types of Interest Rates Lenders Provide for Education Loans? - Education Loans Blog - Empowering Dreams","description":"Description Here...!!!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/","og_locale":"en_US","og_type":"article","og_title":"What are the Different Types of Interest Rates Lenders Provide for Education Loans?","og_description":"Description Here...!!!","og_url":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/","og_site_name":"Education Loans Blog - Empowering Dreams","article_publisher":"https:\/\/www.facebook.com\/Eduloanslive\/","article_published_time":"2023-03-28T21:26:56+00:00","article_modified_time":"2024-08-11T13:41:12+00:00","og_image":[{"width":1025,"height":676,"url":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg","type":"image\/jpeg"}],"author":"Banit Sawhney","twitter_card":"summary_large_image","twitter_creator":"@Live59003833","twitter_site":"@Live59003833","twitter_misc":{"Written by":"Banit Sawhney","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#article","isPartOf":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/"},"author":{"name":"Banit Sawhney","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/a64bf271188ab5a8a0e4ec384ceb2482"},"headline":"What are the Different Types of Interest Rates Lenders Provide for Education Loans?","datePublished":"2023-03-28T21:26:56+00:00","dateModified":"2024-08-11T13:41:12+00:00","mainEntityOfPage":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/"},"wordCount":717,"publisher":{"@id":"https:\/\/www.eduloans.org\/blogs\/#organization"},"image":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg","keywords":["education loan","education loan abroad","education loan abroad study","education loan interest rate","loan for study abroad","study abroad education loans"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/","url":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/","name":"What are the Different Types of Interest Rates Lenders Provide for Education Loans? - Education Loans Blog - Empowering Dreams","isPartOf":{"@id":"https:\/\/www.eduloans.org\/blogs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage"},"image":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage"},"thumbnailUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg","datePublished":"2023-03-28T21:26:56+00:00","dateModified":"2024-08-11T13:41:12+00:00","description":"Description Here...!!!","breadcrumb":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#primaryimage","url":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg","contentUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2023\/03\/What-are-the-Different-Types-of-Interest-Rates-Lenders-Provide-for-Education-Loans.jpg","width":1025,"height":676,"caption":"What are the Different Types of Interest Rates Lenders Provide for Education Loans"},{"@type":"BreadcrumbList","@id":"https:\/\/www.eduloans.org\/blogs\/what-are-the-different-types-of-interest-rates-lenders-provide-for-education-loans\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.eduloans.org\/blogs\/"},{"@type":"ListItem","position":2,"name":"What are the Different Types of Interest Rates Lenders Provide for Education Loans?"}]},{"@type":"WebSite","@id":"https:\/\/www.eduloans.org\/blogs\/#website","url":"https:\/\/www.eduloans.org\/blogs\/","name":"Education Loans Blog - Empowering Dreams","description":"","publisher":{"@id":"https:\/\/www.eduloans.org\/blogs\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.eduloans.org\/blogs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.eduloans.org\/blogs\/#organization","name":"Education Loans Blog - Empowering Dreams","url":"https:\/\/www.eduloans.org\/blogs\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/","url":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png","contentUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png","width":181,"height":50,"caption":"Education Loans Blog - Empowering Dreams"},"image":{"@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Eduloanslive\/","https:\/\/x.com\/Live59003833"]},{"@type":"Person","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/a64bf271188ab5a8a0e4ec384ceb2482","name":"Banit Sawhney","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/2fb891e00006e02daa96d45050ba914e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2fb891e00006e02daa96d45050ba914e?s=96&d=mm&r=g","caption":"Banit Sawhney"},"url":"https:\/\/www.eduloans.org\/blogs\/author\/gadmin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts\/433"}],"collection":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/comments?post=433"}],"version-history":[{"count":4,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts\/433\/revisions"}],"predecessor-version":[{"id":616,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts\/433\/revisions\/616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/media\/436"}],"wp:attachment":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/media?parent=433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/categories?post=433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/tags?post=433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}