by Research Team | Oct 6, 2022 | EduLoan FAQ, International Education Loan
Cynapse has launched India’s first WhatsApp-based education loan. It has partnered with 11 major public and private sector banks exclusively to offer education loans for students. Cynapse has also developed India’s first Whatsapp-based process to make enquiring about...
by Research Team | Sep 9, 2021 | EduLoan FAQ
What is the difference between a bank and an NBFC? Students and parents are often confused between the pros and cons of availing education loans from a Bank or an NBFC. In this blogpost we’ll try and break down the difference between both and then the pros and cons of...
by Research Team | Aug 18, 2021 | EduLoan FAQ, International Education Loan
While choosing credit for your studies, students are often faced with a question: what is the type of loan that I should go for, Secured or Unsecured? Let us first understand what we mean by these terms Secured loans are business or personal (including educational)...
by Research Team | Jul 10, 2021 | EduLoan FAQ
Education loans have remained as the product with high scepticism for financial institutions given their high default rate.The government notification issued on September 16, 2015, on Credit Guarantee Fund Scheme for Education Loans (CGFSEL) has opened a world of...
by Research Team | May 21, 2021 | EduLoan FAQ
The Indian Institute of Technology (IITs) are often hailed as the holy grail of Engineering Education in India and rightly so – only 0.1% of the students who are eligible for higher education in India make it to the IITs. Banks and Financial institutions also...
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