FAQ

Your dream to pursue higher education in India or abroad comes with a price. Often the dreams of students to pursue education are dashed with high tuition fees and on living costs. And the scholarship is for those students whose academic results are...

Yes, the bank may use different types of interest rates over your deposits and loan amount. These include a simple and compound interest rate they use on your deposits and borrowed amounts. Depending on their choice of interest rate, your earnings...

Yes, using an education loan for overseas studies is the best choice for you. It not only helps you achieve your dreams but also saves you money. As per the Section 80E of the Income Tax Act, students can claim a tax deduction for up to 8 years on...

Yes, you can pursue courses such as Financial Risk Management (FRM) and Chartered Financial Analyst (CFA) with an education loan. The bank will lend you money based on your academic performance and capability to earn money after the course...

There can be times when you don’t have the savings to meet your financial needs. There is only one way to get out of such emergencies - by borrowing money to fix these emergencies whether they are personal or business-related. And when you look at...

Buying a dream home is quite an accomplishment given the high price tag that it comes with and the savings you need to make it happen. But when it hurts your future prospects, you start worrying. Yes, home loan payments can be massive as they run...

There are a few conditions you need to meet to get an education loan approved by the bank. And the foremost condition is the purpose for which you are taking the loan. You can use the amount only for studies and not for any personal expenses as the...

People in India highly believe in having gold jewellery as they use it extensively for purposes like marriage as well as to deal with financial emergencies. Apart from that, Gold jewellery also acts as a status symbol in our Indian society. An...

The penetration of education loans is getting deeper with a few lenders offering loans to parents whose kids are studying in schools. So, all those wanting loans for the study of their kids will need to go through a simple process. The parent needs...

https://youtu.be/YvuAU_78ukU Financial needs can emerge at any point in an individual’s life. It can be in the form of some medical emergency or funds for your child’s education/ marriage or for travel. To overcome such situations, people look...