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Category: Education loan

  • Education loan

Decoding the Sanction Letter for an Education Loan

The wait is over! You’ve persevered through the application process, and your dedication has paid off. You’re holding the key to unlocking your educational dreams – the education loan sanction letter. This official document from your lender confirms their approval for your loan, and it’s a significant milestone on your academic journey. But what exactly […]
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Age Limit for Education Loans in India

Did you know education loans sector saw a record 20.6% surge in April-Oct last year? The demand for education loans in India is rapidly rising; more and more students in India are opting for this financial tool to advance in their careers and pursue their dreams. But there is a host of misconceptions around education […]
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How to Get an Education Loan for Engineering?

The world craves innovation, and engineers are the architects of that progress. Engineers are vital in shaping our world, from towering skyscrapers to life-saving medical devices. However, the path to an engineering degree can be paved with significant financial hurdles. The ever-increasing cost of tuition fees can make pursuing an engineering degree a daunting prospect, […]
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A Guide to Filling Your Education Loan Application Form

The thrill of studying abroad – a new culture, diverse experiences, and a global perspective – is undeniable. However, the financial hurdles associated with international education can be daunting. Between tuition fees, living expenses, and travel costs, securing funding becomes critical in realizing your dream. This blog is your guide to navigating the education loan […]
  • Education loan

Is Collateral Required for Education Loans?

The ever-increasing cost of education makes student loans a reality for many aspiring students. However, navigating the complexities of securing a loan can be overwhelming, especially when it comes to the topic of collateral. This blog aims to untangle the confusion surrounding collateral requirements for education loans and empower you to make informed decisions. Secured […]
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What is the moratorium period in education loan?

Education loans have emerged as a much-needed motivation for students who want to pursue higher studies but are constrained by financial issues. Even students who could afford their higher education on their own now opt to take out student loans. This is because an education loan may enable you to maintain your own funds for […]
  • Education loan

Types of Collateral for Education Loans

Financing your education is a crucial step towards achieving your academic goals. While scholarships and grants are ideal, student loans often bridge the gap between educational costs and available funds. However, lenders need assurances of repayment, and that’s where collateral comes in. What is Collateral? Collateral is an asset pledged as security for a loan. […]
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Does an education loan cover living expenses?

Education loans to pay for your higher education overseas are common and effective; let’s look at all the expenses under education loans to help you make the right choice. What are some expenses under education loans? Do education loans only help with tuition fees? Can education loans cover the cost of flights or help pay […]
  • Education loan

Margin Money in Education Loans

Ever heard of the term Margin Money in Education Loans? How does it affect the average student? Do all students need to pay margin money? Find out in this article what margin money is, why it is important for students to know of it, and if it’s a compulsory fee or not!  What is the […]
  • Education loan

10 Reasons Why You Should Study in the USA

The USA has emerged as a top destination for ambitious students, and for good reason! This blog explores ten compelling reasons why studying in the USA can be a transformative journey, opening doors to academic excellence, personal growth, and a bright future. 1. World-Class Education: The USA boasts some of the world’s most prestigious universities, […]