Imagine a sunny day when you are rushing to your nearest bank branch, drenched in sweat. The deadline for your admission is looming, and you neither have the time nor energy to visit multiple banks to apply for an education loan. If you just gulped after reading this, imagine how stressful it truly is to … Read more
A study loan is not just about covering tuition fees—it is an investment in an aspiring students’ future. It offers financial independence and ensures that no student has to forgo education due to financial problems. Study loans make higher education accessible to a larger audience with flexible repayment options, low-interest rates, and customized plans. Whether … Read more
Are you looking for the best financial institutions for an education loan? Let’s talk about NBFCs! The full form of NBFC is Non-Banking Financial Company. These companies are registered with the RBI under the Companies Act of 1956 and offer services similar to banks but are not officially recognized as banks. NBFCs are involved in … Read more
Pursuing an MBA is a strategic move for professionals seeking to elevate wealth of career opportunities and skill development, making it one of the smartest investments for your future. Students dedicate years preparing for various exams in order to secure admission to top universities for an MBA program. However, one of the biggest challenges of … Read more
Applying for an education loan in India can often feel overwhelming. With multiple steps – ranging from meeting eligibility criteria to completing the documentation, securing loan approval, and finally, receiving the funds is not easy – students and parents can find the process difficult. Understanding these steps, including the intricacies of loan sanctioning and disbursement, … Read more
Imagine Rohit, a professional who recently completed his MBA and was placed in one of the top MNCs. He has an education loan of ₹20 lakhs, and his CTC is ₹12 lakhs per annum. If he wants, he could pay off his entire education loan in a couple of years. However, from the view of … Read more
Finance should never be a barrier to education, yet many students abandon their dreams due to financial restraints. While education loans are a viable option, the fear of high interest rates often discourages students from utilising them. What many aspiring scholars don’t realize is that a world of low-interest rate education loans exists, waiting to … Read more
If you’ve ever applied for a loan or credit card and been rejected or worse, offered sky-high interest rates, you might have been left wondering, “What went wrong?” The answer often lies in a number you might not have paid much attention to: your CIBIL score. When applying for a loan, several factors are considered … Read more
.Ever wondered why some education loan applications breeze through while others hit a dead end? The answer lies in the underwriting process. Grasping the education loan underwriting process could be a great boost to your education loan approval chances. This process is like a behind-the-scenes audition where banks decide if you are a worthy candidate. … Read more
Higher education is a gateway to better opportunities, personal growth, and career advancement. However, the education cost often forces students to look for financial help in the form of education loans. While this source provides immediate relief, but these interest rates become a burden on the shoulders. Student loan interest rates vary based on factors … Read more
Priya, from a modest background in rural Bihar fortunately secured admission to a prestigious engineering college in Delhi, a dream she’s nurtured since her childhood. Her family, while immensely proud, can barely afford the college fees, let alone the living expenses in a metropolitan city. That’s when PNB education loan seems like the perfect solution … Read more
Have you ever faced rejection for your education loan application? If so, you’re not alone. Many students find themselves in a situation where their application is rejected, even after carefully completing all the required formalities. The reasons for refusal are not always obvious, leaving applicants confused and uncertain about what went wrong. To improve your … Read more
Imagine going from bank to bank, knocking on the doors of NBFCs and private lenders, only to hear the disheartening words, “Sorry, we cannot approve your loan.” This can be a crushing experience, especially for students desperately seeking financial support to cover their educational expenses. This story could be yours if you are unsure about … Read more
When planning for higher education, securing an education loan gets very important. Axis Bank offers tailor made education loans to meet the financial needs of students who are dreaming to pursue higher studies in India or abroad. One of the first steps in the application process is collecting all the necessary documents. The Axis bank … Read more
Becoming a doctor and helping people is one of the most sought-after career paths for students after Class 12. Every year, lakhs of students take the NEET exam conducted by the NTA to achieve this dream. However, pursuing an MBBS degree, especially from a private college, can seem out of reach for students from low-income … Read more
Dreaming of studying at a top-tier foreign university abroad? While the idea of gaining international exposure, world-class education, and a globally recognised degree is exciting but the cost related to it can feel overwhelming. This is where HDFC Bank education loan for study abroad can provide you significant help to turn your dream into reality … Read more
Interest Free Education Loan in Goa – Education is getting increasingly expensive and students’ families are finding it difficult these days to finance higher education. Recognising the importance of education to shape students’ life and give direction to society, the Government of Goa has introduced the Interest Free Education Loan scheme. This scheme not only … Read more
Imagine a small-town girl, Radhika, filled with dreams of studying for an MBBS degree at one of India’s premier institutes. Her father, a school teacher, did his best to save for her education, but the skyrocketing costs of higher education were beyond their reach. Radhika’s dreams seemed unachievable, while looking for various financial options, her … Read more
Axis bank Education Loan Interest Rates: Imagine yourself at the cusp of a life-changing educational journey – but the hefty weight of tuition fees threatens to derail your dreams. The future belongs to those who dare to learn, and financial constraints should never stand in the way. Higher education shouldn’t be a privilege reserved for … Read more
HP Education Loan Scheme is an initiative by the Government of Himachal Pradesh for students belonging to religious minority communities and Persons with Disabilities (PwD) categories. Qualified students from both these categories can obtain educational loans from any Himachal scheduled bank for up to ₹20 lakh at a nominal interest rate of 3% and 4% … Read more
Axis Bank Education Loan: For a lot of students pursuing higher education is more than a milestone; it’s a gateway to endless opportunities. Yet, the costs of tuition, accommodation, and other expenses often create roadblocks for aspirational students and leave them and their families struggling with financial stress. And education loans offered by banks such … Read more
The State Bank of India (SBI) has been a trusted partner in empowering students by offering accessible and affordable student loan options. And one of the critical elements of these education loans is interest rates, which plays an important role in determining the overall education expenses and the ease of repayment of the education loans. … Read more
In the realm of financing of higher education, the perpetual debate between scholarships and education loans has captured the attention of students, parents, and educators alike. While both options serve as crucial means of funding academic pursuits, their disparities are often overshadowed by the quest for financial support. Scholarships are awarded to students based on … Read more
The NSFDC was established by the Government of India on February 08, 1989 initially with the name National Scheduled Castes and Scheduled Tribes Finance and Development Corporation (NSCSTFDC). It was bifurcated into two separate corporations, one each for SCs & STs. The existing NSFDC is now functioning exclusively for the development of the Scheduled Castes … Read more
Canara Bank is one of India’s premier nationalised banks. It has been a steadfast supporter of education, empowering students to pursue their academic dreams. With a rich history of over 117 years, Canara Bank is committed to providing comprehensive and accessible education loan schemes to help students from all walks of life to bridge the … Read more
The CGFSEL Education Loan Scheme is an initiative by the National Credit Guarantee Trustee Company Ltd. (NCGTC), which was set-up by the Department of Financial Services, Ministry of Finance, Government of India in 2015. This scheme provides educational loans of up to ₹7.5 lakh to help students pursue higher education in India and abroad, even … Read more
Education loans have always acted as a catalyst in facilitating opportunities for ambitious students and helping them achieve their academic and career goals. However, applying for a student loan is no small feat—it requires careful planning and a thorough understanding of the process. Before taking the leap, it’s essential to grasp all key aspects of … Read more
Kerala NMDFC Education Loan Scheme – The National Minorities Development & Finance Corporation (NMDFC) is providing education loans to students from minority communities in Kerala. This loan scheme offers financial assistance of up to ₹ 20 lakh for studying in India and up to ₹ 30 lakh for pursuing education abroad, with nominal interest rates. … Read more
Jharkhand NMDFC Education Loan Scheme – The National Minorities Development and Finance Corporation (NMDFC) extends education loans to students belonging to minority communities in Jharkhand at nominal interest rates. This loan scheme offers up to ₹ 20 lakh for studying in India and up to ₹ 30 lakh for pursuing education abroad. The Jharkhand NMDFC … Read more
Education Loan Funding in India – Education plays a crucial role in the development of individuals and nations and easily available bank education loans holistically complement this objective. Youthful demography of the Indian population presents a huge advantage, however access to quality education is critically essential to reap the advantages of demographic dividend. It is … Read more
Avanse Financial Services was founded in 2013 with a clear mission to make quality education accessible to every deserving Indian student. It is a modern, education-centric, and technologically advanced financial institution that offers tailored education financing solutions to help students achieve their academic dreams. Its commitment extends to democratizing education and making education-financing more inclusive. … Read more
SBI education loan schemes are supporting students across the country with the impending cost of education. SBI has been offering various SBI education loan schemes for students as per their specific requirement. Whether you want to opt for a student loan, skill loan, scholar loan or a loan to study abroad, SBI education loans have … Read more
Education is one of the most valuable investments a person can make. However, with the rising costs of higher education, especially abroad, many students and families turn to education loans to eliminate that financial gap. HDFC Bank, one of India’s leading private sector banks, offers education loans tailored to meet the needs of aspiring students … Read more
Planning to pursue higher education abroad? The SBI Global Ed-Vantage Scheme, popularly known as the SBI Education Loan for Abroad, is a comprehensive financial solution designed to support Indian students who are willing to pursue higher education overseas. Known for its faster processing time – approval within 14 working days and lower interest rates compared … Read more
Indian Bank Education Loan (IBA) scheme is an education loan model that offers need-based loans to students who want to pursue undergraduate, postgraduate, and postgraduate diploma courses in India and abroad. Under this scheme, students can get an education loan of up to ₹25 lakh for the Executive Management Program and Executive Master of Business … Read more
Maulana Azad Education Loan is a government-initiated scheme that supports students from economically weaker sections of the minority communities in Maharashtra by providing education loans of up to ₹5 lakh at a nominal interest rate of 3% per annum. These loans aim to assist students in covering expenses associated with their professional degree/diploma courses. The … Read more
Education loan subsidy schemes provide financial assistance to help students repay their education loans more conveniently. These subsidies are available in various forms, including interest rate reductions, loan forgiveness, or rebates on education loan repayments. The education loan subsidy program offered by the Central Government provides significant benefits to a wide range of loan applicants … Read more
Education loan interest rates are one of the important factors for applicants when deciding if a loan scheme is worth the financial burden or not. In recent years, education loan interest rates have escalated, making financing higher education increasingly expensive. These rates frequently change based on government policies, yet many students remain unaware of such … Read more
Education loans are a critical financial resource for students aspiring to achieve their academic goals, especially when financial constraints might otherwise hinder their education. These loans cover a wide range of expenses, from tuition fees to non-academic costs, enabling students to focus on their studies. In India, both public and private financial institutions offer education … Read more
How to apply for an education loan? – Pursuing education in India or abroad often poses significant financial challenges, even for those supported by parental contributions and scholarships. For individuals lacking such support, education loans serve as a life belt. These loans, which are widely available and accessible to those students who are facing financial … Read more
Education Loan EMI Calculator is a simple tool with a calculator-like interface, you only need to enter your loan amount, interest rate, loan tenure, and course duration and your education loan EMI calculator calculates the EMI for an education loan at a customised rate of interest and payment schedule online. We all know that an … Read more
Education Loan Eligibility Criteria – Study loans serve as a lifeline for students who aspire to pursue higher studies, especially in reputed institutions, where academic expenses can often be a barrier constraint to them. But before securing a study loan, it’s very important to understand the eligibility criteria, as it plays a crucial role in … Read more
Bank of Baroda education loan is here to bridge the gap between dreams and reality, offering customised financial solutions to support your academic journey. With competitive interest rates, hassle-free processing, and flexible repayment plans, this study loan caters to a variety of courses in India and abroad. Whether you’re aiming for a top-tier university or … Read more
ICICI Education Loan: Education is a very powerful tool. Over time it has become a necessity, and everyone should have the opportunity to pursue higher studies. However, the looming cost of education can significantly impact one’s career goals and academic aspirations. In such circumstances, an education loan can provide the necessary financial support. It empowers … Read more
HDFC Education Loan: The HDFC Bank is a renowned name in the field of home loans and personal loans. HDFC Bank education loan programs, in a similar way, have been helping Indian parents and students achieve their academic targets. HDFC Bank provides education loans for both Indian and Foreign Education along with other vivid features … Read more
SBI Education Loan EMI Calculator: Aarav, an ambitious student, aspired to pursue a master’s degree at a reputed university abroad. While his academic ambitions were clear, the financial aspects of funding his dream seemed difficult. Tuition fees, living expenses, and a volatile currency market left Aarav with just one question: How will I manage my … Read more
Instant Student Loan – It’s your final year of college, and an unexpected email changes everything – a prestigious international exchange programme has accepted your course application. Excitement fills the air, but it’s quickly overshadowed by the looming costs which include programme fees, airfare, accommodation, etc. And all these are due in just seven days. … Read more
Student Loans without Collateral – Riya, a bright student from a middle-income family, secured admission to a reputed university abroad. Her family didn’t own significant assets like property or fixed deposits, making a collateral-based loan inaccessible. Instead, Riya opted for a student loan without collateral from a leading private bank. The loan was approved based … Read more
Student Personal Loan – When pursuing higher education, students often find themselves in need of financial assistance to cover not just tuition fees but also a wide array of supplementary expenses. While an education loan typically caters to tuition and institution-related costs, it leaves little room for personal and unexpected financial needs. This is where a … Read more
Education Loans in India – While pursuing higher education, a significant hurdle that students and their families often come across, is the rising cost of tuition and related expenses. While the dream of acquiring the knowledge and skills to shape a brighter future is universal, financial constraints can make it seem out of reach. This … Read more
Credila Education Loan: Soaring education costs in India have made it increasingly challenging for families to fund their children’s aspirations for higher education. Credila, formerly known as HDFC Credila, is India’s pioneering education loan provider. It offers specialised financial solutions tailored to the unique needs of students. With a vision to shape bright futures and … Read more
Study Loan Process: Embarking on the path of higher education is an exciting journey, but it often comes with substantial financial demands. For many students, study loans serve as a dependable financial bridge, empowering them to pursue their academic dreams without the burden of financial constraints. Whether you’re pursuing a degree in India or planning … Read more
Education is the foundation of a successful career in today’s competitive world. However, the escalating costs of higher studies in India and abroad have become a major hurdle for many aspiring students. This is where a student loan or education loan comes to the rescue. Serving as a financial lifeline, it empowers students to pursue … Read more