Feb 11, 2021 02:32 PM IST
While interest rate is the primary deciding factor, borrowers should also consider the margin amount, repayment tenure and the moratorium period
- Jan 27, 2021 11:14 AM IST
Union Bank’s interest rate on education loans even lower at 6.8 percent
- Nov 19, 2020 11:03 AM IST
Education loan rates start from 6.8 percent. SBI and Punjab National Bank charge marginally higher rates
- Nov 17, 2020 09:48 AM IST
You can get education loans for regular courses that are offered online temporarily due to the pandemic. But for online classes offered by start-ups, you may need to borrow at personal loan rates
- Oct 15, 2020 11:18 AM IST
Public sector banks offer education loans at a cheaper rate than private sector ones. Check the processing charges when availing an education loan
- Sep 17, 2020 11:05 AM IST
Public sector banks’ education loans are among the cheapest
- Apr 10, 2020 08:48 AM IST
If you already have a job offer, but the company wants to re-negotiate, take it
- Nov 27, 2019 12:58 PM IST
Fintech start-ups charge higher interest than banks. Also, these education loans from banks are eligible for tax benefit.
- Jan 04, 2019 04:20 PM IST
As of March 31, 2015, education sector bad loans stood at 5.7 percent, the minister said citing IBA data.
- Nov 05, 2018 10:47 AM IST
Tax deduction under Section 80E is only available for loans taken for pursuing higher education
- Sep 19, 2018 08:18 AM IST
People usually explore banks for an education loan, but the rising non-performing assets (NPAs) in this segment have made banks wary.
- Jul 06, 2018 12:06 PM IST
The average amount disbursed to an applicant climbed to Rs 9.6 lakh this year from Rs 6.8 lakh last year.
- Jul 23, 2017 02:50 PM IST
Despite increasing number of students not paying back their loans spiking NPAs to over 10 percent, lending continues for higher education with the disbursals topping Rs 20,000 crore in fiscal 2017, according to a report.
- Mar 09, 2017 08:08 PM IST
"Our portfolio stands at over Rs 900 crore and we are looking at a growth of 35 per cent next year," a company spokesperson told PTI today.
- Jan 23, 2017 01:36 PM IST
Finance minister should listen to various demands of the tax payer and offer increased tax sops.
- Dec 28, 2016 05:30 PM IST
Education loan and home loan come with income tax benefit. Here are the rules that govern the tax benefits.
- Mar 14, 2016 04:03 PM IST
Loan against property can help you unlock the hidden value of your property by granting access to cheap and long term source of fund raising.
- Feb 12, 2016 03:33 PM IST
Handling credit is a task for many adults. It is better to educate kids so that they can handle credit better in their life.
- Dec 29, 2015 08:11 PM IST
Education loans come with tax benefits. However, one should be careful while ascertaining the quantum of benefit and the conditions that apply.
- Oct 15, 2015 11:00 AM IST
Bangalore-based NBFC-MFI Grameen Koota Financial Services Pvt Limited (Grameen Koota) on Thursday, slashed interest rate by 200 basis points (2 ...
- Sep 21, 2015 02:57 PM IST
Applying for an education loan is a cumbersome process, as banks have been too stringent with education loan applications. However, Vidyalakshmi helps in applying to three banks for education loan using one form.
- Sep 11, 2015 06:15 PM IST
Conservative approach surely favours banks when it comes to education loan. However, there will be some situations wherein the NBFC can be a better option to raise an education loan.
- Jul 22, 2015 06:00 PM IST
For some college education may mean education loan. However, if one plans his college days well, he can put in place a solid foundation for his money matters
- May 15, 2015 12:43 PM IST
Education loans do offer tax benefits and easy repayment norms, however they come with some limitations where a top-up loan scores.
- Apr 13, 2015 03:25 PM IST
If you have not crossed thirty, then you are in the early years of your career. You can buy insurance cheap, benefit from long term investing and go for home loans to buy a house of your choice.