by Marketing | May 1, 2023 | EduLoan FAQ
If you are planning to pursue higher education in India or abroad, you may need to take an education loan to cover your tuition fees and other expenses. Education loans are offered by various public and private sector banks in India, with different interest rates and...
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 | 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 | Jun 18, 2021 | EduLoan FAQ, International Education Loan
For many first time student borrowers, they often stumble upon the term CIBIL score a lot and they are often confused about what exactly does this score entail. In this article we intend to clear the smoke around this often not so discussed topic. First of all, let us...
by Research Team | Mar 21, 2021 | EduLoan FAQ
Section 80E of Income Tax act (read the act here) enables the interest paid for educational loan to be deducted from your taxable income. Do note that the principal amount repaid in the financial year is not eligible for tax exemption. Generally banks from where you...
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