Plan Your Investment

Borrowing was relatively easy so far if you would have applied for the education loans. There is no differentiation on colleges to approve your loan application. At least  there is no rules enforced to check the credibility of the colleges and its job placement before approving the education loans. In the recent report, defaults on [...]

Andhra Bank has announced that its reducing the interest rates charged for education loans. For educational loans between Rs. 4 lakh to Rs. 7.5 lakh has been reduce from 14.25 % to 13.25%. The reduction is exactly 1% from the previous interest rates, which is good sign for the students to get the educational loans [...]

In my earlier posts I have covered more details about the education loans and what are the courses covered under the education loans. Education loan is one of the important policy for the development of India. If we are looking into the India’s population, most number of people under 30 age and they are very [...]

It is time for the higher secondary students to plan for their professional degrees. The results are out for the higher secondary students and if you are a student passing out from the secondary school, mind full of tension about the course to choose, lot of suggestions from the relatives and friends. If you are [...]

If you are a home buyer in the last couple of years and paying the EMI amount, you would have noticed that the interest rates gone up several times and the EMI burden would have increased. At the time of buying the house, the interest rates are cheap and bought the house with low EMI, [...]

Introduction In this article I will be writing about the various points which you must be aware before applying for a education loans. In my previous posts I have written about the interest free education loans and what are the eligibility criteria to get the interest free education loans. But, I have not explained anything [...]

Introduction I have published article on Interest Free Education Loans on 2009 and updated with another article once the scheme becomes operational. There are lot of queries on each article about the eligibility to apply for the scheme and various doubts. I have decided publish another article with more details about the scheme and the [...]

It is almost one year back, I have written about the interest free education loans announced by the Indian govt. for Indian students who are pursuing the studies in India. It is one of the great reforms in the education sector to help the poor students. The qualification to avail this scheme is, if your [...]

Today there is a significant announcement related to the education loans by the government. Financially poor students can take the education loans without paying the interest till moratorium period. Here moratorium  period is 6 months after completing the course or when the student get the job, Which ever is happening first will be trigger the loan repayment [...]

Declaration/Affidavit confirming that no loan has been availed from other Bank/Institution Completely filled Application Form with Photographs. Letter of admission from the Institute Letter from the Institute stating cost break up of the program (term-wise, year-wise) Marksheets from SSC onwards till the latest examination passed KYC Documents for the Applicant & Co-applicant (Residence Proof , [...]