Most banks do not give zero-interest (0%) education loans, which means if you borrow money for studies, you usually have to pay back more than you borrowed because of interest. However, in some cases, the government helps by paying the interest while you are studying, so you don’t have to pay extra during that time, but once you finish your course, interest may start again. Some state governments also offer special schemes with very low or zero interest for certain students. So, while true 0% loans are rare, you might still get help through government schemes or scholarships that reduce how much you have to repay.

The maximum time to repay an education loan is usually up to 15 years after you finish your studies. This includes a moratorium period (usually 1 year) where you don’t have to pay, so you only start paying after your course is done. For example, if your course takes 4 years, and you get 1 year after that to find a job, you could have up to 15 years to repay the loan. Some loans may give you more time, but 15 years is the usual maximum.

You usually have up to 15 years to pay back a student loan, depending on the bank or lender. After you finish your studies, there is often a moratorium period (usually 1 year) where you don’t need to pay anything. After that, you start repaying the loan, and most loans are set up to be fully paid off in 12 to 15 years. Some lenders might give you a little more time, but 15 years is the common maximum.

Yes, you can get a 100% loan to study abroad, which covers your tuition fees and sometimes even living costs. However, you need to meet certain conditions like having good grades, getting admission to a recognized university, and sometimes providing collateral (like a house or savings). The loan is usually repaid over 12 to 15 years, and you don’t have to pay anything during your studies (this is called the moratorium period). But it’s important to check the details with the bank before applying.

From Indian lenders, students can get up to INR 1.5 Cr and from banks in the US, the maximum loan amount can be up to INR 1.8 Cr. If approved, the maximum loan amount depends on your co-borrower’s income (or collateral value), country and course of study, and similar other factors.

In India, the co-borrower must be a close relative of the student, such as a parent, sibling, spouse, parent-in-law, etc. The co-borrower must be earning the minimum income specified by lenders without any other obligations, as well as other eligibility requirements to be approved However, for US banks, the co-borrower can be anyone who is a US citizen or a permanent resident in the country. Like in India, the co-borrower must meet the income criteria and other eligibility requirements to be approved.