A government bank education loan is the ideal package for Indian Students. PNB Education Loan Scheme is a worthy option to consider.
When it comes to taking an education loan, there are various steps involved and one such significant step is documentation.
An education loan is the primary funding choice of a lot of students from India who wish to study abroad.
Financing your abroad education loan could be tricky as it depends on the lender and their policies when borrowing an education loan without collateral.
Accepted collaterals by lenders for a secured education loan. 1. Immovable property like a house, flat, non-agricultural land and 2. Liquid security like Fixed deposits, Insurance policy(Term Insurance), and govt bonds.
The biggest highlight of these subsidy schemes is the education loan interest waiver.
It is that time of the year when most of you have started browsing for abroad education loans
Under Section 80E - education loan tax exemption, the interest that you pay on the educational loan can be claimed as a deduction.
If you go through the policies of unsecured education loan services in India, you will find that most of them put a lot of stress on the co applicant eligibility criteria. It is common knowledge that unsecured education loans do not involve any collateral...
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Collateral Education loan is a loan where you are required to guarantee a property or any other eligible financial assets to take the loan against.
If you plan on studying with the help of an education loan in UK, then you should keep the following points in mind before applying for one.
As the number of students pursuing education abroad is increasing, many banks have started lending educational loans with attractive schemes to these students for studying overseas.
A secured education loan in India is provided on the basis of collateral security. Collateral security basically refers to an asset which is pledged by the borrower to the lender as security for loan.
Higher education funding is a matter of concern for most Indian students who wish to study abroad. The purpose of an education loan is to ease this concern and provide the required aid, without the students having to worry about their finances during the...