Loading in 2 Seconds...
Loading in 2 Seconds...
These days almost every bank offers student Education Loan for Abroad, so you will have a wide range of plans to choose from and get the best one according to your needs and requirements. This loan assists the youth of our nation in pursuing their aspirations
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Education is of prime importance in our lives. Although, Government of India has made education free and compulsory up to 14 years of age; it is getting extremely expensive to get quality education. • The scholarships offered by esteemed universities are very few in comparison to the many hopeful and deserving applicants. • Due to the expenses, eager minds of these students are left unbridled. But all's not bleak and gloomy, in fact, now the situation is quite the contrary. • Education in India is thriving thanks to student education loans provided by many government and private banks. Let's take a look at some of the features of student education loans.
Eligibility • Generally, education loans are provided to students of Indian nationality within the age group of 15-30 years. • Another requisite of it is that the student applying for the loan must have a working parent or a guardian to be the guarantor. • The loan approval will be based on the capability of the borrower and the guarantor's assets, liabilities, income, etc. • Also, the student must hold a good academic record and he/ she should have secured admission by clearing the necessary entrance examinations for that course. • Courses • One can benefit from the student education loan for courses in India which are approved by the state and central government as well as courses from foreign universities.
Repayment • The repayment option for a student education loan is very flexible. • Usually, one has to start paying the EMIs after the completion of the course but in case the student does not get a job then a grace period of 6-12 months is offered. In the due time, if the student gets employment then he has to start the EMI payments. • The period of repayment varies from bank to bank. It can be from anywhere between 3-15 years. • These days almost every bank offers student Education Loan for Abroad, so you will have a wide range of plans to choose from and get the best one according to your needs and requirements. • Source: http://ezinearticles.com/?Get-a-Student-Education-Loan-to-Complete-Your-Study&id=4142386
Follow us on https://www.facebook.com/AvanseEducationLoan https://www.linkedin.com/company/avanse-financial-services https://twitter.com/avanseeduloan https://plus.google.com/+AvanseFinancialServicesLtdMumbai https://www.youtube.com/channel/UCcsuUx1EH1C08XmX2embpug
Read more on Education Loans : http://www.avanse.com/studying-abroad/ • Thank You..!!!