Education

The education industry in India is expected to grow at a CAGR of 14% in the coming years. It reflects in the surging education infrastructure in the country. The entry of big private schools and universities with phenomenal infrastructure has put India on the world map. There are a large number of education seekers within the country, along with a considerable influx of international students in Indian universities and schools. The K–12 school system is a major part of the formative years of the students, and India prides itself on being the second-largest country in the world to have a solid schooling system. However, educational infrastructure development is largely dependent on financing from banking and non-banking financial institutions. Whether it is K–12 establishments, colleges, or educational institutions, building a solid infrastructure is elemental in providing the right environment for a holistic learning experience for education seekers. Loans for Educational Institut...

A lot of young adults dream of studying at a renowned university abroad. This comes from an aspirational need to have a flourishing career path and financial stability in the long run. When students from all over India apply for admission to different universities and colleges outside the country, there are a lot of things that need to be managed simultaneously. If you happen to be a student, here are four must-have things on your checklist for studying abroad:  1.      Finalise Your University Early On  Whether you are a topper in your school or a student with a mixed bag of grades, applying to an international university is a task that can be very daunting. However, this should not make you feel demotivated or scared. Half the battle is won if you apply to universities on time and then make the final choice early on. This will ensure that you acknowledge your acceptance letter and submit your tuition fee without any delays.    2.  ...

Studying abroad brings great opportunity to grow your personality and attain career benefits. But, with the cost of education getting high every year, it is becoming challenging for students to cover their study costs on their own. An education loan is a financial aid to students to help them complete their dream education abroad. It provides complete financial assistance to students, allowing them to pay academic fees and handle other expenses during their studies in a foreign country. Today, many banks and NBFCs, are providing  education loans for   study ing  abroad  at competitive interest rates. Apart from financial benefits, there are many more advantages of an education loan for students, making it a perfect way to fund your studies abroad. Here are some key benefits of  loans for studying abroad . Achieve Your Financial Goals Often, parents shell out their savings or liquidate valuable assets to pay for their child’s education. It can affect their lo...

While you cannot put a price tag on dreams, unfortunately with the ever-rising cost of education, proper funding becomes extremely important to enable young students to realize their dreams. This funding usually comes in the form of student loans. There are a number of financial institutions present across India that offers student loans. You can visit the websites of such institutions, use the EMI calculator for education loans present there, compare rates, and subsequently select the ideal type of loan to borrow from the right institution. When thinking about education loans, the very first thing that would immediately come to your mind would be typical bank loans. However, today a lot of banks in the public sector have become more stringent with their loan offerings, after struggling to deal with NPAs (Non-performing Assets). In this situation, taking up a loan from NBFCs (Non-Banking Financial Corporations) would be a viable alternative. The key difference between an NBFC and a ban...