Factors that Affect Reliance Capital Education Loan

  • Principal- The principal is the Reliance Capital Education Loan amount that you avail from the lender or banker. It is directly proportional to your all EMIs - lower principal will lower your monthly instalments for Reliance Capital Education Loan and vice versa.
  • Rate of interest- The rate of interest for Reliance Capital Education Loan is the rate at which the lender offers you the Reliance Capital Education Loan. It is also directly proportional to the value of your Reliance Capital Education Loan EMIs.
  • Tenure- The tenure is the time within which you repay your Reliance Capital Education Loan. The tenure is inversely proportional to your all other loan EMIs - longer tenure makes the monthly EMI instalments cheaper and vice versa.

 

  • Allahabad Bank