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Education loan or personal loan – which one to choose?

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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Can’t take education loan off NPA: Finance minister

TRICHY: The union ministry of finance refused to exempt education loans from non-performing asset (NPA) citing that Reserve Bank of India is against the exemption for maintaining credit discipline.  In a letter to the Union finance minister Arun Jaitley, MP Trichy Siva has urged not to bring education loans under NPA since non-payment...
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Decoded: Five education loan myths

A good solid education is a stepping stone to a successful professional life. While most parents strive to provide their children with the best education they can, lack of finances often act as a hindrance to academic aspirations. Today, the rising cost of education has made most students...
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