Like farm loan, students to get frictionless education loan by 2024-25

Education loans are set to get easier with the Reserve Bank of India (RBI) planning to put in place "frictionless credit mechanism" soon. A confirmed admission offer, accessed digitally, is all that will be required and a candidate will no longer have to go through the long process of paper work.Education loans are set to get easier with the Reserve Bank of India (RBI) planning to put in place "frictionless credit mechanism" soon. A confirmed admission offer, accessed digitally, is all that will be required and a candidate will no longer have to go through the long process of paper work.