Education Loans

After dropping IPO plan, Warburg, Mubadala-backed NBFC Avanse plans $152-mn rights issue

Avanse is the second-largest NBFC in the education loan segment with expertise in the overseas education loan segment.

Top mistakes Indians make when applying for education loans

Avoiding these slip-ups can make your student loan journey a lot smoother.

Bank, NBFC or international lender: Which is best for an overseas education loan?

Explore education loan options, covering benefits, eligibility, and repayment strategies to fund your child's education abroad

Education loans for studying abroad: who offers the cheapest interest rates?

Indian Bank, Union Bank of India and Bank of Baroda offer interest rates between 8.6 and 9.45 percent on an education loan of Rs 50 lakh for a tenure of seven years

Westbridge Capital-backed Kuhoo Finance secures RBI approval for NBFC license

Incorporated in 2021, Kuhoo offers educational loans starting from Rs 50,000 to up to Rs 2 crore for undergraduate and postgraduate courses , including study abroad financing

IPO-bound Credila suspects fraud in loan portfolio, makes Rs 80 crore provision

The suspected fraud cases were detected in the September quarter and are being investigated, the company has said

PM Vidyalaxmi education loans: How the new scheme can help students pursuing higher studies

Under PM Vidyalaxmi, students who secure admission in the top 860 quality higher educational institutions can avail of education loans on concessional terms, including interest subvention. The scheme will benefit over 22 lakh students every year, according to government estimates.

Banking Central | Student loan burns a hole in banks’ books. But that isn't a surprise

The share of NPA in education personal loans stood at 3.6 percent in the overall personal loans bucket, compared with 1.8 percent in credit cards, 1.3 percent in auto loans, and 1.1 percent in housing loans

Education loans for overseas studies: Indian Bank, Union Bank and Bank of Baroda offer the cheapest interest rates

Indian Bank, Bank of Baroda, ICICI Bank and Canara Bank offer interest rates between 8.6 and 10.85 percent on an education loan of Rs 50 lakh for a tenure of seven years.

Studying abroad? Beyond college fees, here are 5 additional costs you should budget for

While planning and budgeting for studies in a foreign country, it's crucial to factor in a range of expenses beyond your course fee. Read on to find out what they are.

Education loans: Union Bank, SBI amongst banks that offer the cheapest interest rates

Union Bank of India, State Bank of India, Bank of Baroda, and ICICI Bank offer interest rates between 8.1 and 10.25 percent on an education loan of Rs 20 lakh for a tenure of seven years.

Banking Central | Banks fret over surge in education loans and rising layoffs

Education loans are typically considered low-risk loans by banks. But things can change during an economic downturn when job losses and hiring cuts happen

Indian banks turn cautious about loans for Canada-bound students

The escalating diplomatic tensions between India and Canada have created uncertainty over travel and visas