Student loan education

  Education loans   provide reassurance for many students and have become essential to finance higher studies. Whether it is in India or abroad, there are several loan plans that are offered by financial institutions to make it possible for students to pursue higher education. However, there are people who are still doubtful about taking education loans. There are myths around the education loan that would only cloud their judgment further. In this article, we will bust some of the common notions that students have surrounding education loans and debunk them, one by one. Myth 1 Starting my career by taking an education loan is not a good idea This being one of the biggest concerns that every student and parent would have. It is definitely not a good idea to begin your career with debt. But if you see education loans finance your education and that would make you more employable, increasing your income over time. So, starting your career with an education loan is a go...

Pursuing your studies further after schooling is one of the best decisions you can take as you not only get more knowledgeable but also get the opportunity to bag high-paying jobs. The endeavor of pursuing higher education can be quite expensive for many. Thus, financing this dream can be a bit of a challenge. However, to help students achieve their dreams, many NBFCs, banks and other such financial institutions offer education loans . Since taking an education loan can prove to be so pivotal in the lives of many students, it is very important to choose the right loan plan for you. To help you with the same, here are 4 tips to keep in mind before taking an education loan -    1)       Choose the right course for you Long gone are the days when selecting the right course for you was easy as you had very limited options to choose from. With the maturation of the education industry over the years, the number of courses offered has increased signif...

Documents required for taking educational loans in India A lot of students consider taking educational loans in India , as this is the most suitable and convenient way in which they can fund their higher studies. Students would be spoilt with choices when it comes to this option, as numerous financial institutions would provide different loan plans and schemes which they can compare and choose from.  Since there are so many financial institutions offering educational loans and each one of them has different terms and conditions. It is common for students to make mistakes while applying for an educational loan to a financial institution since they are unaware of the requirements of the institutions they are applying to. This cannot be taken lightly, as financial institutions have been known to reject several applications because of this reason, which makes it unnecessary as this all could have been avoided if the student was aware of the educational loans requirements. Henc...

  With the cost of education escalating, educational loans have come to play a very significant role in many people’s lives. Looking for best educational loan in India has become very easy and accessible, wherein you get a complete overview of what is required and what are the steps that you need to adhere to when taking up an educational loan. They are most useful when it comes to courses at reputed institutions that cost a lot. Parents can now afford to send their children for higher education and students can also pay for their own education. Here are few points that you need to be sure about when looking for the best educational loan in India: • Do your research It is very important to do your research on various banks and NBFC’s before getting an educational loan . A thoroughly done research will enable one to understand the various terms and conditions that each bank has when it comes to education loans.  Every...

When you plan on pursuing your higher studies, you will be planning everything systematically. Be it preparing for the entrance exams, choosing the best educational institute that suits your requirement, finding the best accommodation for yourself are usually the things on top of your to-do list. However, the most important question that comes before all of this planning is how will you manage the necessary expenses? Where will the funds come from? Nowadays, educational loans have become much more affordable than they were before, and applying for them has also become quite easier. And to help you clear your doubts, here are 5 benefits of educational loans:                                            1.     The...