by Research Team | Feb 25, 2022 | EduLoan FAQ
Education loans are broadly classified into 2 categories. Secured and unsecured loan education loan. Read our article to understand more about the different types of education loans. The parameters considered by financial institutions vary based on the type of loan...
by Research Team | Feb 13, 2022 | EduLoan FAQ
Summary: There are 2 major interest subsidy schemes you can avail if you’re looking for Interest Subsidy for your education loan for abroad studies. In this article, we have covered both the schemes in detail, their eligibility criteria, who can apply and how to...
by Research Team | Feb 7, 2022 | EduLoan FAQ
There are many parameters that go into consideration while deciding the eligibility of an individual for approving a credit limit. One such important parameter is FOIR (FOIR full form is Fixed Obligations to Income Ratio). FOIR is used by the bank to understand the...
by Research Team | Jan 29, 2022 | EduLoan FAQ, International Education Loan
You can obtain An unsecured education loan for your studies abroad by having a co-applicant with valid income proof. This co-applicant is usually a close blood relative (or spouse). They could either be doing a business or working as an employee. Such a co-applicant...
by Research Team | Jan 20, 2022 | EduLoan FAQ, International Education Loan
Secured educational loans are those educational loans where the student attaches a ‘security’ against the education loan amount that he/she receives from the bank. The security, also called ‘collateral’, minimizes the risk for the bank. This...
by Research Team | Jan 14, 2022 | EduLoan FAQ, International Education Loan
Summary: This article goes into a deep dive about GIC (Guaranteed Investments Certificates). It tries to cover everything you need to know about GIC when looking to study in Canada. What is GIC in Canada? GIC (Guaranteed Investment Certificate) is a financial...
Recent Comments