What is Student Loan Refinancing?<br />- Exchanging your current Student Loan with a new Student Loan having a low Education Loan interest rate<br /><br />When should you refinance your Student Loan?<br />- Savings opportunity<br /> - Profitable only if you are paying a low interest rate<br /> - Calculate your savings on an Education Loan Refinancing Calculator<br /><br />- Persistent and stable finances<br /> - Steady financial situation avoids the risk of default<br /> - Basis your credit history and repayment capability, private lenders will decide whether you qualify for refinancing.<br /><br />- Refinancing criteria for Education Loan<br /> - High credit score<br /> - Stable income<br /> - Existing Education Loan to study in India and abroad<br /> - Completion of studies and initiation of loan repayment<br /> - A Debt-to-Income Ratio of 50% or less<br /> - Diligent credit history<br /><br />Benefits of Refinancing your Education Loan<br /> - Consolidate your loans into one and pay low interest rate<br /> - Refinance and extend the repayment period<br /><br />To Know More About Refinancing Student Loan: https://www.hdfcsales.com/education-loan<br /><br /><br />Education Loan<br />Student Loan<br />HDFC Sales India
