Archive for September 10th, 2018
Most scheduled commercial banks offer loan of up to Rs 40 lakh for overseas education. If your savings fall short of what you need for your child’s college education abroad, you can take an education loan to meet the gap. Education loans have tax benefits and are a better option over dipping...
Continue reading
September 10, 2018 Loknath Das
Education Loans
No Comment
NPAs jump by Rs 600 crore, outstanding loans up by just Rs 21 crore: RBI’s RTI reply Rising defaults have forced banks to go slow in disbursing education loans. Banks have reported a flat growth of 0.02 per cent, or just Rs 21 crore, at Rs 72,839 crore...
Continue reading
September 10, 2018 Loknath Das
Education Loans
No Comment
Image used for representational purpose only. NEW DELHI: Ramesh Singh borrowed more than Rs 7 lakh as an education loan to study in a private engineering college in the NCR area. However, he could not get a job during the campus placement, and even after more than a...
Continue reading
September 10, 2018 Loknath Das
Education Loans
No Comment 
