Education loan is one of the most common choices of people who are unable to afford the cost of education. But the rising non-performing assets (NPAs) of the banks signify that many are struggling to repay their education loan. Gross NPAs of banks in education loan segment have risen sharply from 2.4% in March 2011 […]
HIGHER education has become pretty expensive these days. More and more people are finding it difficult to fund it and hence are resorting to education loans. If you have got admission in your dream college and are looking for an education loan, it is important that you assess various options available and take into account […]
It is every parent’s dream to give the best education to their child and parents spend 30% of the take home salary for this dream. But high inflation in education is giving parents tough time to achieve this goal. A recent survey done by ASSOCHAM Social Development Foundation –“Rising school expenses irks parents” — highlighted […]
Harmanjit was on top of the world when his student education loan came through. That was 2013, it was the year his dream to pursue a top-notch course at a renowned university had come through! All that stood between him and a promising career ahead was his last leg of education at the university. But […]
An education loan helps stabilize your finances when opting for higher education. Its repayment process is structured differently from other loans, such as a home loan or a personal loan. Banks have a provision of a waiting period (technically known as moratorium) after which you start to pay off the principal and interest amounts of […]
