Education Loan

Prepay your education loan or invest early? Here's what experts advise

Experts explain when it's wiser to cut debt quickly and when early investing builds more wealth

Thinking of studying abroad? Here's how foreign education loans & EMIs work

Experts explain approval rules, repayment maths, hidden overseas lenders may impose

Canara Bank to recruit people proficient in local languages: MD & CEO

We target that our recoveries should be substantially higher than the slippages, says K Satyanarayana Raju

Education loan growth at NBFCs to slow to 25% in FY26 on US visa curbs

The share of US in overall education loan portfolio has come down to 50% as on March 31, 2025, from a peak of 53% on March 31, 2024, and is expected to go down further over next few years

PNB cuts education loan rates by 20 bps under PM Vidyalaxmi Scheme

PNB has cut interest rates on its Vidyalaxmi education loans by 20 basis points, bringing down rates from 7.7% to 7.5%

Leap Finance secures $100 mn debt facility from HSBC to help int'l students

Lack of affordable and flexible financing is one of the biggest challenges faced by many high-quality students in their pursuit of a global education

Rupee at 87 per dollar: Indian students must opt for INR loans abroad

Indian students often come across a difficult question when it comes to borrowing: whether to take an education loan in Indian Rupees (INR) or US Dollars (USD)

Taking a loan to study abroad? Be prepared to pay margin money of 10-25%

Those getting admitted to non-STEM courses and lower-grades institutes must be prepared for stringent checks, higher interest rates, and more collateral requirement

Cabinet approves PM-Vidyalaxmi to provide aid to meritorious students

Rs 3,600 crore outlay outlined for the scheme till FY31

Cabinet approves PM-Vidyalaxmi scheme for students; know all about it

As per the NIRF rankings, students admitted to any of the 860 top-ranking quality higher educational institutions (QHEIs) in India will be eligible for the PM-Vidyalaxmi scheme

Avoid debt trap after taking education loan: What students must be wary of

If you take an education loan and can't secure a job after completing your studies, it can lead to serious financial stress

Budget 2024: Loan up to Rs 10 lakh for students' higher education, says FM

Union Budget 2024: Finance Minister Nirmala Sitharaman has allocated Rs 1.48 trillion for education, employment, and skilling initiatives

Education loan: Key factors to consider before applying

Are you planning to take an education loan? Watch the video to know some of the key factors to consider before applying for one.

Planning to take education loan: Here are best loan rates by various banks

A look at student loan interest rate for studying in India and abroad

Parents may use education loan, dollar assets to lessen TCS impact

Travellers may split forex purchases, use international cards on foreign sites, and book various elements of the trip separately

42% faced with higher EMIs, 74% see loans become more expensive: Survey

42% have seen their EMIs go up and 21% have seen both EMI and tenor increase, according to a survey by Bankbazaar.com Of these, 76% have seen their interest rate increase by more than 1%

HDFC Ltd inks pact with BPEA EQT-led consortium for 90% stake sale

Mortgage lender HDFC Ltd informed the bourses that it has executed definitive documents for the proposed disinvestment or sale of approximately 90 per cent stake in its education loan subsidiary

Course, institute determine lender's willingness to offer an education loan

Be prepared to shell out 10-20% of the total cost out of your own pocket when you go abroad for studies

Bharat's foreign education dream gets bigger but is coming at a cost

Dim job prospects at home, burden of collateral taking a toll on students from rural India

Explained: Does the new tax regime adversely affect household savings?

New tax regime does not have tax deductions as is given under various provisions such as 80C or 80D of the Income Tax Act