I need to take a loan of 20 lakhs for further studies. My dilemma is whether I should take a loan @ 12.50% for 7 years or pay out of my saving. My saving in MF and stocks give me a CAGR of 20-22%.
I would be easily able to pay the EMI from my salary and plus the added advantage of tax rebate. I have no other loans etc.
Thanks.