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Once you complete your high secondary school studies, it's time to opt for further studies such as a doctorate, master's, engineering, management studies, etc. that will help you build your career ahead.
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Introductions • Once you complete your high secondary school studies, it's time to opt for further studies such as a doctorate, master's, engineering, management studies, etc. that will help you build your career ahead. It basically depends on your interest and capabilities to choose a particular stream. • To survive the race of time a mere graduation degree is not of much help. But the irony is that higher education is far more expensive and it’s almost getting nearly impossible for pupils out of reach. Middle and upper middle-class parents are just unable to fund their child's higher education with the little savings they do over the years.
They would have to sell any piece of land, mortgage your property or jewelry to fund their child's high studies. However, in the times of skyrocketing price sometimes they're unable to foot the costs. • Thus, one of the best ways to finance your dream would be taking an education loan. Study Loans offered by leading banks, private finance companies let you cover up the entire costs of your higher education whether in India or abroad without letting your parents risking their future.
Customized loan • Lenders are keen to offer customized loan solutions as per your educational needs and affordability. They give the loan to meritorious students at an attractive interest rate and flexible repayment options. • They cover different courses & streams, from various institutes; not only in India but also in top-notch universities/institutes abroad. You can study in countries such the USA, UK, Canada, Germany, Australia, Singapore, New Zealand, UAE, France, Ireland, etc.
Collaterals loans • One of the greatest advantages of Study loans is that you don't have to pledge any collaterals to available loan up to Rs 50 lakhs. • With valid documentation, strong academic and credit history of the co-borrower you can get the loan sanctioned within 1-2 working days. You can negotiate with the lenders as well if you have a promising career ahead and sound income source, credit history of the co-borrower.
Academic expenses • Study loans cover entire academic expenses such as tuition fees, exam fees, lab and library fees, caution deposit, travel, books and equipment, projects, thesis work, and educational tours. You get flexible repayment options easier with lower EMIs and a longer tenure for almost 8-9 years. • You don't have to start repaying right from day one. Instead, you can wait for the course completion and start repaying after six months to one year once you secure your job. It's termed as moratorium period.
Disbursement of the loan • The disbursement of the loan amount is done directly to the college/university to which the student has secured for admission. In the case of mess and hostel charges, the relevant amounts will be given to the concerned authorities. • While applying for Study loans to the banks or private finance firms it better to verify the tenure of the course, and determine the cost of the entire course, as applicable at that point of time. • Once you take the admission after that each year, the applicant is required to submit a form available from the bank or private finance firm that gives the details of the money required, and then the next instalment is disbursed directly to the college/institute. • Contact Us Soon….
