Tuesday, May 29, 2012

Higher Education Loan: Hassle-Free Finance for Every Aspirant


Specialized industry looks for expert professionals. Employers hire those who have exactly that degree or qualification wanted. The biggest hurdle ever for Indian aspirants is finance. Now, studying in abroad or India and in the most favorite institute is made easier.

Education loans up to 4lacs calls for no security money. Even, this loan amount carries a fair rate of interest. One bank has a variation in amount than the other. Education loan rates in India range from 11.00% p.a. to 12.75%. For INR, this amount varies depending on the income level. Indian students, wishing to study in abroad, take larger amount of money. The bigger loan demands security money and higher rate of interest.

The repayment due dates begin after 6 years of completion of study or after one year of getting job-whichever is earlier.

Education loan rates are revised in India every year. Whether they decrease or increase, those who are aspiring for an extra edge in career, these loans are the most reliable and convenient way to keep up study.

Sunday, May 6, 2012

Education loans make your dream come true


The dream to reach the heights of success for today’s youth through the mode of education has forced the parents to come up with alternate ways to fulfil the same. One of them is done by availing education loans which are available very easily nowadays. The repayment of such loans is also not an issue now since most of the banks give much liberty over the same. The flexibility allows the students to repay the loan once they are through the education and start with their jobs.
Education loan has made dreams of several students come true and has offered them to think out of the box and showcase their skills. As a parent you can now relax, sit back and enjoy the success your child will bring in for you.
Summary: Education loans make the students dream come true with no hurry to repay the same.