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How much can one borrow in a student loan?
Curious about student loan
In India, the amount one can borrow in a student loan can vary depending on the lender and the course being pursued. Typically, lenders may offer up to Rs. 20 lakhs for education in India, and up to Rs. 1 crore for education abroad. However, it is important to note that the loan amount may also be determined based on factors such as the creditworthiness of the borrower, the collateral being provided (if any), the cost of the course, and the repayment capacity of the borrower, among other factors.
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