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