Education costs are rising with each passing year, especially the expense for higher studies. As per a survey, 32% more students were granted education loans between 2017-18 when compared to the same period in the previous year. Nevertheless, before one proceeds to apply for such a loan, he/she must consider the resulting repayment burden from the said credit. You can do so with the help of an education loan calculator. Borrowers can quickly determine the right amount of EMI that they can afford as per their monthly income and expenses.…
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