IndianMoney Review - Education loan in India, You Need To
Know
Pursuing higher education is one of the main aspirations of
crores of citizens in India. Over the years, cost of education is increasing
rapidly. A quality education in India or at a foreign institution can leave a
huge hole in your pocket. Parents who want to provide their children with the
best education either save money or make long term investments. But, even after
this, an individual may face shortage of money for a quality education. In this
scenario, an education
loan comes handy in arranging funds for a quality education to help
achieve a good career.
Want to know more on Education Loans? We at IndianMoney Review Bangalore
will make it easy for you. Just give us a missed call on 022 6181 6111 to
explore our unique Free Advisory Service. IndianMoney.com is not a seller of any
financial products.
Education Loan in India: Here's all you need
to know
What is education loan?
As per Indian Money Review an education
loan is a type of loan, tailor made to suit the needs of students. An
education loan is the money borrowed to finance and manage the costs of higher
education. The amount borrowed can be repaid over time along with interest. The
special benefit of education loan is that the repayment process starts after
the completion of the course. Who can apply for the education loan?
Indian Money Company
Any individual who wants to pursue higher education in India and overseas can
apply for this loan. The maximum amount that can be borrowed varies across
banks and depends on the kinds of courses, the applicant enrolls for. No
collateral is required for availing an education loan. However, parents,
siblings or the guardian will have to execute the loan as a co-borrower.
To know more click
here: Education
loan in India
08042687207
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