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Category: Education Loan

Home Category: Education Loan
vidya lakshmi portal

Vidya Lakshmi- A Government Run Portal for Education Loans

Team PaisaBazaar

Looking to apply for an education loan? This year onwards, you have to do this online through Vidya Lakshmi- a government run portal for students who seek education loans for studies in India and abroad. The website is maintained by NSDL e-Governance and operates under the guidance of the Finance Ministry, Indian Banks Association and…

education fund

How to Fund Higher Education in a Foreign Country

Team PaisaBazaar
Studying in a foreign country is every student’s dream. Given a chance, they would definitely like to pursue higher education in their dream institute overseas. Although scholarships and grade-based financial aids are available for scholarly aspirants, others have to arrange for the funds on their own to fulfil this dream. Education loans go a long...
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Practical Guide To Education Loan Repayment

Team PaisaBazaar

When Sachin Tiwari finished his Masters in Business Administration (MBA) in 2010, he owed Rs 6 lakh to the bank towards his education loan. Not wanting to default on his loan or let the interest component balloon, he decided to make each day count and get rid of his education loan as fast as possible. […]

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5 Education Loan Schemes that don’t Require Collateral

Team PaisaBazaar

With changing times the education system of our country is continuously evolving to meet the needs of this increasingly specialized world. A number of specialized courses and programs such as vocational training courses, undergraduate and post graduate degree courses are being introduced as a part of this evolution. The education system will be advancing and […]

5 Leading Public Sector Education Loan Options

Team PaisaBazaar

When planning for higher studies, the high cost of education both domestic and overseas can be a cause for concern. It is at times like this that an education loan may act as the rescuer. As the world becomes increasingly competitive and higher education becomes a necessity, there are education loan options aplenty. The following […]

2-Minute Guide to the Education Loan Subsidy Scheme

Team PaisaBazaar

The rising cost of education is one of the biggest roadblocks for students today. Especially for students from underprivileged backgrounds, higher education is often beyond their financial means. In order to improve the availability of higher education to less fortunate yet meritorious students, the government has introduced the education loan subsidy scheme.   Scheme Objective […]

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4 Reasons Education Loan Outshines Personal Loan

Team PaisaBazaar

Higher education has become a necessity rather than a choice for Indians who intend to get ahead in life. But with skyrocketing costs of higher education, few of us can actually afford to fund higher studies out of our own pocket. Among the different options available to those seeking a loan for higher studies, education […]

4 Things I Learnt After Taking An Education Loan

Team PaisaBazaar

It’s been a couple of years since I completed my engineering degree and I am about to change employers, moving on to working with one of the largest IT consulting and solutions firm in the world. A 4 year bachelor’s degree has earned me one of the more decently paying jobs, if not the most […]

5 Lesser Known Facts About Education Loan

Team PaisaBazaar

With increasing competition and growing cost of education, applying for education loans has become commonplace these days. A computer engineering degree from IIT Bombay, it will cost you about Rs. 5.5 lakhs. At Symbiosis, a private university, a degree in design costs about Rs. 10 lakhs and one in law around Rs.11 lakhs. Higher studies, […]

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Delhi Govt’s Higher Education and Skill Development Guarantee Scheme

Team PaisaBazaar

The Delhi government recently launched the Higher Education and Skill Development Guarantee Scheme as part of its 70 Action Points framework. This scheme’s objective is to provide financial support to meritorious students through the banking system. As part of the scheme, students will not have to pledge any collateral or provide margin money, unlike one […]

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