Study Loan

  Can I get loans even if I am studying abroad Hello! Yes, you can get a loan for your study abroad plans. There are many lenders in the market that you can select from that cover education in India as well as in a foreign country. Now, the question arises of which lender you should choose and how you should go about it. Let me help you out by giving a general outlay of the procedure that one goes through for a  study abroad loan : 1. Select the right lender With so many lenders in the market today, it is important to have some parameters to select the right one. Here are a few you can ensure: - Easy eligibility criteria - Flexible repayment options - 100% financing - Coverage for expenses such as rent, insurance premium, travel fare, study materials, and so on - A student-friendly approach by the lender 2. Reach out to the lender Now, you have to reach out to the lender via an offline branch or the online way by contacting them through the website. 3. ...

Applying For A Study Loan? Ensure The Lender Offers These 6 Features When you are opting for a study loan, the lender you select has a very important impact. An unreliable and unsupportive lender can really make your borrowing experience a bad one. On the other hand, a good lender can go beyond providing just financial assistance and give you guidance in other matters as well. Are you looking to take a study loan and want to ensure that you have the best lender? We are here to aid you in this regard. In this article, we take a look at 6 features that you should ensure the lender offers before going ahead.    1. 100% financing    Many lenders may ask you to arrange the money for a certain portion of the total expenses yourself. This is referred to as margin money. However, if you are short on funds, then arranging that amount can be challenging as well. Therefore, it is advised that you opt for a lender that provides 100% financing with their study loan . 100%...

Many students in India have plans to study abroad and receive education from world-renowned institutes. Getting admission into such a university and receiving a degree from the same can drastically change a student’s life if it is utilized properly. These ambitious students often face one major challenge though: finances. They usually find it difficult to pay for the high fees that these institutes charge. There are a few ways they can receive funding in such a scenario, including opting for an education loan. This article aims to explain why an education loan in India for study abroad plans would be the best option.   Education loans remove the need to depend on someone else   One way students used to fund their higher education plans earlier was to borrow from people they knew, usually relatives or close friends. However, in such a scenario, there is a bit of difficulty in getting the whole amount. More often than not, the student has to manage the rest of the loan a...

  Do you have plans of pursuing higher education at an esteemed university? Then, you may be concerned about getting the right amount of financing for that. One of the best ways to solve this issue is to opt for an education loan. However, there is a lot of misconception surrounding such types of loans. This may lead to a potential borrower being held back from getting the right financial assistance that they require. To raise awareness in this regard, we take a look at 5 such misconceptions and debunk them for your benefit.    1. An education loan can be taken only for a certain limit    Many people believe that they can get education loan amounts up to a certain limit only. This is quite understandable as traditionally, lenders used to have restrictions on the amount they could lend. However, with the cost of education as well as the number of people applying for education loans rising, many lenders now offer the feature of no upper limit.  ...