{"id":10981,"date":"2024-03-19T12:42:40","date_gmt":"2024-03-19T07:12:40","guid":{"rendered":"https:\/\/fly.finance\/blog\/?post_type=web-story&#038;p=10981"},"modified":"2024-03-19T12:42:42","modified_gmt":"2024-03-19T07:12:42","slug":"bank-of-india-education-loan-interest-rate","status":"publish","type":"web-story","link":"https:\/\/fly.finance\/blog\/web-stories\/bank-of-india-education-loan-interest-rate\/","title":{"rendered":"Things You Should Know About Bank Of India Education Loan Interest Rate"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link href=\"https:\/\/fonts.googleapis.com\/css2?display=swap&amp;family=Poppins%3Awght%40400%3B700\" 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poster-portrait-src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/cropped-Bank-of-India-Education-Loan-Disbursement-Process.webp\"><amp-story-page id=\"74974c3a-34bd-4dc3-9119-6f5bee955010\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#d9d9c0\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e146e220-26cc-4adf-8827-b36955968ee0\">\n<div style=\"position:absolute;width:266.70477%;height:100%;left:-83.35239%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" 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style=\"position:absolute;pointer-events:none;left:6.06796%;top:72.97735%;width:87.37864%;height:29.44984%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-84557cd0-ebd3-498a-b325-5ee93b9c07e0\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.3);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:81.22977%;width:82.52427%;height:14.07767%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.2988505747126435% 2.2988505747126435% 2.2988505747126435% 2.2988505747126435%\" id=\"el-c1cf1f34-ba84-4598-9452-029b551064a4\">\n<h1 id=\"things-you-should-know-about-bank-of-india-education-loan-interest-rate\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6764705882352938% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.372168em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Things You Should Know About Bank Of India Education Loan Interest Rate<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-84f2f553-42a5-489f-b22e-6b466a8f8987\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"68b5db19-0d17-432b-b1cd-0b0b29374071\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#d9d9d9\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-03b22246-e863-4c97-8f68-1ea8bff405bc\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-83.33334%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5934&amp;h=3956&amp;fit=max\" alt=\"person using MacBook pro\" srcSet=\"https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5934&amp;h=3956&amp;fit=max 5934w,https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4747&amp;h=3165&amp;fit=max 4747w,https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3560&amp;h=2373&amp;fit=max 3560w,https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2373&amp;h=1582&amp;fit=max 2373w,https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1186&amp;h=791&amp;fit=max 1186w,https:\/\/images.unsplash.com\/photo-1556155092-490a1ba16284?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHw2fHxpbnRlcmVzdCUyMHJhdGV8ZW58MHx8fHwxNzEwNzY2MDk1fDA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:82.03883%;width:86.40777%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-c4955d8d-2e07-49f6-8bb1-bbddbe99e592\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:83.17152%;width:87.86408%;height:20.06472%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5524861878453038% 0.5524861878453038% 0.5524861878453038% 0.5524861878453038% \/ 1.6129032258064515% 1.6129032258064515% 1.6129032258064515% 1.6129032258064515%\" id=\"el-486c4379-056b-426b-a8af-f8cc09b2a73f\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.5524861878453038% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">The interest rate of Bank of India is based upon RBLR i.e. Repo based Lending Rate. Spread of 1 or 2% is added by the bank to finalise the landing rate.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-423078e4-75b2-4928-b951-7da59e97dc8a\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" 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2400w,https:\/\/images.unsplash.com\/photo-1614028674026-a65e31bfd27c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxMHx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjA5NXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1600&amp;h=1067&amp;fit=max 1600w,https:\/\/images.unsplash.com\/photo-1614028674026-a65e31bfd27c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxMHx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjA5NXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=800&amp;h=533&amp;fit=max 800w,https:\/\/images.unsplash.com\/photo-1614028674026-a65e31bfd27c?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxMHx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjA5NXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:82.03883%;width:86.40777%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-96c4fb6d-0a0d-4307-a4fb-ed3f6969c54e\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:83.00971%;width:87.86408%;height:20.06472%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5524861878453038% 0.5524861878453038% 0.5524861878453038% 0.5524861878453038% \/ 1.6129032258064515% 1.6129032258064515% 1.6129032258064515% 1.6129032258064515%\" id=\"el-cb10ec61-3919-4d47-b8e9-a3e40fb53093\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.5524861878453038% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">External benchmark rates such as the Marginal Cost of Funds Based Lending Rate (MCLR) or the Repo Rate changes can affect your amount.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:19.7411%;width:82.76699%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-16bddebf-4528-46a5-a092-b3047d046f24\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:1.45631%;top:20.06472%;width:95.38835%;height:10.5178%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5089058524173028% 0.5089058524173028% 0.5089058524173028% 0.5089058524173028% \/ 3.076923076923077% 3.076923076923077% 3.076923076923077% 3.076923076923077%\" id=\"el-2e80b81a-4b0a-4caa-9190-fdb3b5a6e9f9\">\n<h2 id=\"1-base-rate-or-external-benchmark-rate\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6361323155216284% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">1. Base Rate or External Benchmark Rate<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-96848354-2d3c-4a11-a24c-9ce72e6e747e\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"fc42afe9-0b65-4f33-82e6-38e20be680ef\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#0c2640\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-42bf54c8-e4c5-462e-898d-4cf76020c0ab\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-126.23457%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5184&amp;h=3456&amp;fit=max\" alt=\"graphical user interface, application\" srcSet=\"https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5184&amp;h=3456&amp;fit=max 5184w,https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4147&amp;h=2765&amp;fit=max 4147w,https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3110&amp;h=2073&amp;fit=max 3110w,https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2073&amp;h=1382&amp;fit=max 2073w,https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1036&amp;h=691&amp;fit=max 1036w,https:\/\/images.unsplash.com\/photo-1651341050677-24dba59ce0fd?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8aW50ZXJlc3QlMjByYXRlfGVufDB8fHx8MTcxMDc2NjExMXww&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:82.03883%;width:86.40777%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-1f0a7b4a-8bc0-4e88-a3c2-fe58a7e45a61\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.33981%;top:84.14239%;width:87.86408%;height:20.06472%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5524861878453038% 0.5524861878453038% 0.5524861878453038% 0.5524861878453038% \/ 1.6129032258064515% 1.6129032258064515% 1.6129032258064515% 1.6129032258064515%\" id=\"el-c4eb73d0-f72f-48f2-963d-cb45581b2750\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.5524861878453038% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.323625em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">The total repayment period can affect the interest rate of your education loan. Taking loan for higher amount can also impact interest rates.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:7.28155%;top:19.7411%;width:86.16505%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a70d5b8f-9c37-4c42-a66a-e185b8b7b9b9\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:22.3301%;width:86.16505%;height:5.82524%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 5.555555555555555% 5.555555555555555% 5.555555555555555% 5.555555555555555%\" id=\"el-549fd448-86a8-492a-80db-104f53c1a2be\">\n<h2 id=\"2-loan-amount-and-tenure\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">2. Loan Amount and Tenure<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-55a64056-cdff-40fa-aa78-97c78c1ad9a6\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"93beba3f-3281-4750-b73d-79742c19ad44\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#262640\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9bdacd31-47fa-4db6-8575-4cf4d7e3016d\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-30.55556%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5184&amp;h=3456&amp;fit=max\" alt=\"person using laptop\" srcSet=\"https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5184&amp;h=3456&amp;fit=max 5184w,https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4147&amp;h=2765&amp;fit=max 4147w,https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3110&amp;h=2073&amp;fit=max 3110w,https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=2073&amp;h=1382&amp;fit=max 2073w,https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=1036&amp;h=691&amp;fit=max 1036w,https:\/\/images.unsplash.com\/photo-1516321318423-f06f85e504b3?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwxM3x8bG9hbnxlbnwwfHx8fDE3MTA3NjEyODh8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=340&amp;h=227&amp;fit=max 340w\" sizes=\"(min-width: 1024px) 120vh, 267vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:7.03883%;top:79.12621%;width:85.92233%;height:25.08091%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-50244774-bc0f-4482-bd4a-2a51a6ebf1d8\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.95146%;top:78.9644%;width:83.25243%;height:16.99029%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5830903790087464% 0.5830903790087464% 0.5830903790087464% 0.5830903790087464% \/ 1.9047619047619049% 1.9047619047619049% 1.9047619047619049% 1.9047619047619049%\" id=\"el-d32f814c-8686-40ce-91e7-233c2f03d73e\">\n<h3 id=\"loans-with-security-may-have-lower-interest-rate-charged-as-the-bank-worries-about-assets-backing-the-loan\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6122448979591836% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.339806em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">Loans with security may have lower interest rate charged as the bank worries about assets backing the loan.<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.98058%;top:19.7411%;width:82.76699%;height:10.84142%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7e92848f-b4ed-42e0-aa4b-b206784ca5fc\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.1);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:6.79612%;top:20.06472%;width:86.16505%;height:10.5178%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5633802816901409% 0.5633802816901409% 0.5633802816901409% 0.5633802816901409% \/ 3.076923076923077% 3.076923076923077% 3.076923076923077% 3.076923076923077%\" id=\"el-e91d9d41-b992-4e7d-84fd-f3fdb86b1eef\">\n<h2 id=\"3-collateral-and-co-applicant\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7042253521126761% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">3. Collateral and Co-applicant<\/span><\/span><\/h2>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-ef50f9da-8c14-4e16-ba0f-eedd57b9f83a\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"1d004db6-5513-4765-a75b-6679fddf3a6b\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#8c590c\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-7d2a95bc-3452-4082-9d75-5c97e2f47841\">\n<div style=\"position:absolute;width:266.66667%;height:100%;left:-83.33334%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MTA1NjgxMDN8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5616&amp;h=3744&amp;fit=max\" alt=\"person using pencil\" srcSet=\"https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MTA1NjgxMDN8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=5616&amp;h=3744&amp;fit=max 5616w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MTA1NjgxMDN8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=4492&amp;h=2995&amp;fit=max 4492w,https:\/\/images.unsplash.com\/photo-1534644107580-3a4dbd494a95?ixid=M3wxMzcxOTN8MHwxfHNlYXJjaHwyOXx8ZWR1Y2F0aW9uJTIwbG9hbnxlbnwwfHx8fDE3MTA1NjgxMDN8MA&amp;ixlib=rb-4.0.3&amp;fm=jpg&amp;w=3369&amp;h=2246&amp;fit=max 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style=\"position:absolute;pointer-events:none;left:4.36893%;top:38.99676%;width:89.07767%;height:22.81553%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-57a8f225-d025-4449-a562-bcc1933954f8\">\n<div class=\"fill\" style=\"background-color:rgba(0,0,0,0.2);will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:7.52427%;top:42.39482%;width:85.92233%;height:15.37217%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5649717514124294% 0.5649717514124294% 0.5649717514124294% 0.5649717514124294% \/ 2.1052631578947367% 2.1052631578947367% 2.1052631578947367% 2.1052631578947367%\" id=\"el-f2c26dd2-b785-4cf6-b7e6-ee1a296fed80\">\n<h3 id=\"to-know-more-details-of-bank-of-india-interest-rate-swipe-up\" class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.7062146892655368% 0;font-family:&quot;Poppins&quot;,sans-serif;font-size:0.404531em;line-height:1.2;text-align:center;padding:0;color:#000000\"><span><span style=\"color: #fff\">To know more details of Bank of India Interest Rate&nbsp;<\/span><br \/>\n<span style=\"font-weight: 700; color: #fff\">SWIPE UP!<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:60.43689%;top:-1.94175%;width:33.00971%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-096fddc4-d425-45ed-9e80-1d0265c11f9f\">\n<div style=\"position:absolute;width:100%;height:102.42952%;left:0%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png\" alt=\"fly finance 1 (3)\" srcSet=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1.png 343w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-300x136.png 300w,https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/fly-finance-1-3-1-150x68.png 150w\" sizes=\"(min-width: 1024px) 15vh, 33vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/02\/Bank-of-India-Education-Loan-Interest-Rate-.webp\"><a href=\"https:\/\/fly.finance\/blog\/education-loan\/bank-of-india-education-loan-interest-rate\/\" rel=\"\">Learn more<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Know more about Things You Should Know About Bank Of India Education Loan Interest 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