What is Student Loan Refinancing?

  • Exchanging your current Student Loan with a new Student Loan having a low Education Loan interest rate

When should you refinance your Student Loan?

  • Savings opportunity
  • Profitable only if you are paying a low interest rate
  • Calculate your savings on an Education Loan Refinancing Calculator
  • Persistent and stable finances
  • Steady financial situation avoids the risk of default
  • Basis your credit history and repayment capability, private lenders will decide whether you qualify for refinancing.
  • Refinancing criteria for Education Loan
  • High credit score
  • Stable income
  • Existing Education Loan to study in India and abroad
  • Completion of studies and initiation of loan repayment
  • A Debt-to-Income Ratio of 50% or less
  • Diligent credit history

Benefits of Refinancing your Education Loan

  • Consolidate your loans into one and pay low interest rate
  • Refinance and extend the repayment period

To Know More About Refinancing Student Loan: https://www.hdfcsales.com/education-loan

Education Loan
Student Loan
HDFC Sales India

#educationloan #studentloan #hdfcsales