Is Crowdfunding a Viable Option in India?

Is-Crowdfunding-Viable-Option-in-India

Crowdfunding your education refers to the idea of raising small amounts of money from a large number of people. This is being done typically via online platforms and utilised in covering the costs of tuition, books, accommodation, or other academic expenses. This alternative financing method is so popular among students who may not qualify for … Read more

Demystifying Flexible Collateral and Its Impact

Education-Loan-Flexible-Collateral-Requirements

For decades, getting a loan has largely depended on one thing, offering collateral. This could be a house, a car, or even a fixed deposit. These physical assets acted as a safety net for lenders. However, in today’s fast-moving economy, this traditional requirement can often hold people back, especially those who don’t own such assets. … Read more

Bihar Student Credit Card Scheme under the Seven Resolves Program (Saat Nischay)

Bihar-Student-Credit-Card-Scheme

Bihar Credit Card Loan Scheme, officially known as the Bihar Student Credit Card Yojana (BSCCY)—stands out as a transformative initiative under the Seven Resolves Program (Saat Nischay). The scheme aims at increasing the Gross Enrolment Ratio (GER) in higher education. It provides interest-subsidised loans of up to ₹4 lakh to students who have completed Class … Read more

Bank of India Education Loan – RBLR, Repayment Terms & More

Bank-of-India-Education-Loan-Blog-Banner

In today’s competitive educational landscape, it is very difficult to access quality education and often hinders the availability of financial assistance. The Bank of India Education Loan programs appear as a significant facilitator for students who aim to pursue academic excellence. However, with high tuition fees and related expenses, students find themselves at a crossroads—struggling … Read more

Vidyalakshmi Portal – Government Education Loan Services

Vidyalakshmi Portal

Education is an important asset for any student aspiring to achieve success in life. However, financial constraints at home often make it challenging for them to pursue their dreams. To eliminate this gap, the Vidyalakshmi portal serves as a one-stop solution by providing them the required financial assistance.  If you are planning to study in … Read more

Factors to Consider Before Applying for an Education Loan

Factors to Consider Before Applying for an Education Loan

Education is one of the most significant investment decisions you can make for your future. But financing education has become a critical problem these days with the rising costs. Increasing tuition fee, accommodation, and other related expenses make it difficult for many students to afford quality education without financial assistance. If students have to pursue … Read more

How to Get an Education Loan after Class 12

Education Loan after Class 12 - Types, Eligibility, Important Factors

Pursuing higher education after Class 12 is taking first steps towards setting a foundation for your successful future. It will not only help you become a knowledgeable person but will also open ways to various opportunities to build a career. However, there are a lot of students who have to let go of their dream … Read more

Education Loan Repayment – Strategies to Repay an Education Loan

Education Loan Repayment

Education loans play an important role in a student’s education, especially when tuition fees and living expenses exceed family income. While a student loan can be a saviour, understanding effective loan repayment strategies are equally important to prevent long-term financial stress. In this article, we will explore Abhigyan’s journey of securing and repaying a study … Read more

Student Loan Pre-Approval in India: Eligibility, Benefits & Process

Student Loan Pre-Approval in India

Student Loan Pre-Approval in India – The pursuit of higher education provides a significant motivation for many, however, the financial challenges associated with it work as a deterrent. In order to alleviate these concerns and streamline the loan disbursal, financial institutions have introduced the process of student education loan pre-approval. Traditionally, securing a student loan has … Read more