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What you need to know before taking an education loan

Thinkstock Adityendra Suman, 29, a Mumbai-based senior consultant at Dalberg, global development advisors, graduated from the Indian School of Business (ISB), Hyderabad, in 2016. He had taken a Rs23 lakh education loan from the Union Bank of India at 8.5% interest rate for a 15-year tenure, while the...
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Banks to accept education loan applications only via online mode

NEW DELHI: The government has made it mandatory for banks to sanction education loans only though online process and asked them not to consider any application submitted in the physical form, so that the education loan disbursement process becomes transparent and more efficient. “The Department of Financial Services...
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