Rincy Kaur 
HP Education Loan Scheme is an initiative by the Government of Himachal Pradesh for students belonging to religious minority communities and Persons with Disabilities (PwD) categories. Qualified students from both these categories can obtain educational loans from any Himachal scheduled bank for up to ₹20 lakh at a nominal interest rate of 3% and 4% … Read more
Axis Bank Education Loan: For a lot of students pursuing higher education is more than a milestone; it’s a gateway to endless opportunities. Yet, the costs of tuition, accommodation, and other expenses often create roadblocks for aspirational students and leave them and their families struggling with financial stress. And education loans offered by banks such … Read more
The State Bank of India (SBI) has been a trusted partner in empowering students by offering accessible and affordable student loan options. And one of the critical elements of these education loans is interest rates, which plays an important role in determining the overall education expenses and the ease of repayment of the education loans. … Read more
In the realm of financing of higher education, the perpetual debate between scholarships and education loans has captured the attention of students, parents, and educators alike. While both options serve as crucial means of funding academic pursuits, their disparities are often overshadowed by the quest for financial support. Scholarships are awarded to students based on … Read more
The NSFDC was established by the Government of India on February 08, 1989 initially with the name National Scheduled Castes and Scheduled Tribes Finance and Development Corporation (NSCSTFDC). It was bifurcated into two separate corporations, one each for SCs & STs. The existing NSFDC is now functioning exclusively for the development of the Scheduled Castes … Read more
Canara Bank is one of India’s premier nationalised banks. It has been a steadfast supporter of education, empowering students to pursue their academic dreams. With a rich history of over 117 years, Canara Bank is committed to providing comprehensive and accessible education loan schemes to help students from all walks of life to bridge the … Read more
The CGFSEL Education Loan Scheme is an initiative by the National Credit Guarantee Trustee Company Ltd. (NCGTC), which was set-up by the Department of Financial Services, Ministry of Finance, Government of India in 2015. This scheme provides educational loans of up to ₹7.5 lakh to help students pursue higher education in India and abroad, even … Read more
Education loans have always acted as a catalyst in facilitating opportunities for ambitious students and helping them achieve their academic and career goals. However, applying for a student loan is no small feat—it requires careful planning and a thorough understanding of the process. Before taking the leap, it’s essential to grasp all key aspects of … Read more
Kerala NMDFC Education Loan Scheme – The National Minorities Development & Finance Corporation (NMDFC) is providing education loans to students from minority communities in Kerala. This loan scheme offers financial assistance of up to ₹ 20 lakh for studying in India and up to ₹ 30 lakh for pursuing education abroad, with nominal interest rates. … Read more
Jharkhand NMDFC Education Loan Scheme – The National Minorities Development and Finance Corporation (NMDFC) extends education loans to students belonging to minority communities in Jharkhand at nominal interest rates. This loan scheme offers up to ₹ 20 lakh for studying in India and up to ₹ 30 lakh for pursuing education abroad. The Jharkhand NMDFC … Read more