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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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May 21, 2018 Loknath Das
Education Loans
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No collateral security or third party guarantee is required for loans under Rs. 7.5 lakh. State Bank Of India (SBI) offers various kinds of education loans. Education loan is a term loan granted to Indian nationals for pursuing higher education in India or abroad where admission has been secured, according to country...
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May 21, 2018 Loknath Das
Education Loans
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Education loans: One need to fill out just one form to apply for loans at any of the banks If you have managed to procure the much sought-after offer letter from any Ivy League University or a top institution in India or abroad, there might be chances that...
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April 13, 2018 Loknath Das
Education Loans
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Its time for the education loans, here’s what you need to know Board exams are coming to an end and a few of you might already be ready to take admissions in your favorite colleges.With the latest cases of paper leak, the country’s future seems to be at...
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April 13, 2018 Loknath Das
Education Loans
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There are some state government schemes that gives education loan up to Rs 4 lakh at a mere one percent interest. Separately, the central government recently has approved an increase in the outlay for making educational loans interest-free for students with modest financial means. While such developments are...
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April 13, 2018 Loknath Das
Education Loans
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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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February 10, 2018 Loknath Das
Education Loans
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