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Archive by category Education Loans (Page 7)
Four years after receiving his bachelor of technology degree in electronics and communication, B Jeyachandiran was forced to concede defeat. He had graduated in 2011 from the private Periyar Maniammai Institute of Science and Technology in Thanjavur, Tamil Nadu. He applied for engineering jobs but with no...
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January 11, 2018 Loknath Das
Education Loans
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Six engineering institutes in India are being loaned over Rs 2,066 crores for research and infrastructure projects by a finance company established by the Union government for this purpose. These include the Indian Institute of Technology Bombay (in Mumbai), Madras (Chennai), Kharagpur (in West Bengal), Kanpur (Uttar Pradesh) and Delhi,...
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December 11, 2017 Loknath Das
Education Loans
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To raise SBI’s education loan, tangible collateral security can be given as security HIGHLIGHTS SBI allows a minimum education loan amount of Rs. 20 lakh The loan is sanctioned prior to the sanctioning of visa The processing fee is Rs. 10,000 per applicant State Bank of India (SBI) has a profoundly alluring...
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December 11, 2017 Loknath Das
Education Loans
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Gaurav Aggarwal With the rising cost of education, taking a loan to fund higher studies has gained immense popularity. Here, students and their parents have two distinct choices – availing an education loan or a personal loan. Let’s weigh the two and discuss the parameters that should help...
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December 11, 2017 Loknath Das
Education Loans
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The fund will cater to schemes such as interest subsidy on education loans, education credit guarantee fund, scholarship schemes, girls’ education schemes and a scheme that funds higher education in states. Photo: Nayan Shah/Mint New Delhi: The Union cabinet on Wednesday approved the creation of a non-lapsible corpus fund...
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November 10, 2017 Loknath Das
Education Loans
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A few months ago, I listened in horror about parents who sold the house they live in to be able to afford an overseas college education for their child. They now live on rent. Sending children overseas for higher education has become part of dinner conversations among adults...
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November 10, 2017 Loknath Das
Education Loans
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