Central bank to keep home loan, education loan interest rates unchanged
Central bank to keep home loan, education loan interest rates unchanged
Banks to offer insurance cover for educational loans
Banks like Andhra Bank and State Bank of Hyderabad will now offer educational loan products with insurance cover to make them more attractive for the customers and safer for themselves.
Government to consider installment-free education loan proposal
Government to consider installment-free education loan proposal, banks to lend without collaterals
Builders' Association of India to set up training school
Builders' Association of India to set up training school
Before you apply: Does your course qualify for a loan?
Before your apply, check whether your course is eligible for a loan
Disbursement and repayment
The fees for all years will be disbursed to the college/institute directly by the bank and repayment starts from six months to a year
Before you apply: Are you eligible?
eligibility criteria to apply for a loan are that you should be an Indian, have an income and guardians and course opted for should be from a recognised university
Do I have to provide guarantors or collateral?
For loans below Rs. 4 lakh, banks may not require collateral but above that, collateral and guarantor both
Disadvantages of personal loans for educational purposes
personal loans are at 11% to 16% and education loan interest rates are at 10.25% to 13%
Documents you need to submit
There are a list of documents to submit for loan approval llike admission proof, income proof and course related documents
Educational loans versus loans against securities
Educational Loans can also be taken as loans against securities
Some ways of funding education without a loan
There are other options like grants, scholarships and aids to pursue education besides taking a loan
Builders' Association of India to set up training school
Builders' Association of India to set up training school
ICICI bank plans launch of banking, insurance courses in WB universities
ICICI bank plans launch of banking, insurance courses in West Bengal universities
Canara, Allahabad bank reduce home loan, education loan interest rates
Canara, Allahabad bank reduce home loan, education loan interest rates,uco bank
ICAI launch course for Tier-II accountants
ICAI launch course for Tier-II accountants
India's first university for tourism and hospitality in Andhra Pradesh
India's first university for tourism and hospitality management will be set up in Andhra Pradesh, expected to generate 1.24 crore jobs by 2014.
Onlline education loans from Bank of Maharastra
Online education loans from Bank of Maharastra
Xerox India to set up vocational training institutions in India
After tying up with the Karnataka State Printers Association for setting up the first print testing and training centre in Bangalore, Xerox India has started collaborating with top institutes in the country to offer the same.
Tata group launches Tata Second Career Internship Programme
Tata group launches Tata Second Career Internship Programme
UGC proposed as sole regulatory authority
The academia suggests that the University Grant Commission (UGC) should have the sole regulatory authority for universities. Other regulatory bodies should respect the autonomy of this institution and play an advisory role
IIT to increase course fee of B.Tech, M.Tech
IIT to increase course fee of B.Tech, M.Tech
Interest rates, processing charges and margins of education loans
The interest rates on education loan range from 12-14 per cent , involves processing charges of 2 per cent and margins
Business schools in India, abroad offer customised executive courses
Business schools in India, abroad offer customised executive courses
How much education loan can you get?
Banks provide 75 to 90 per cent of the cost of course as education loan
Educomp, Everonn expand in Andhra
Educomp, Everonn expand in Andhra
Education loans and tax benefits
courses under section 80 (E) are eligible for tax deduction benefit
SBI Talent Awards, education loan to rural students
SBI Talent Awards, education loan to rural students
Special education loan packages from banks
Special packages for study loan from institutes like IIM, IIT from SBI
IAS, CA, CAT courses to be offered using an interactive environment
Sukh Sagar Institute to offer CAT, IAS, CA courses using interactive environment