Education Loan

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

Education loan disbursal target for FY23 set at 13.5% lower than FY22: Rpt

In FY22, the country's financial system disbursed education loans for Rs 23,640 crore and for 12 PSBs in India, the target for FY23 has been fixed at Rs 20,450 crore

Use data on education loan defaults to rank courses

Information on default rates of specific courses and institutions should be made available to the public. Students could use it as one of their selection criteria

Start-up LeverageEdu gets RBI approval for financial services unit

Company raised $22 million in funding in March earlier this year at a valuation of $120 million

Parents' income, child's record count in getting education loan: Experts

Students joining a professional course at a top-notch college will find it easier to get approval

Tackle higher cost of foreign education with diligent planning: Experts

When deciding on a college and country, estimate the entire cost and not just the tuition fee and accommodation

A snapshot of education loan rates offered by various banks with details

Here is how the education loan rates offered by various banks stack up

A snapshot of education loan rates offered by various banks with details

Here is how the education loan rates offered by various banks stack up

How you use a loan determines tax benefit

Interest paid on even a loan against property is tax deductible if you can prove that the loan was utilised for your child's higher education

Capital India to invest $25 million in education loan company Credenc

Credenc gives loans for schooling, online upskilling and higher education; it plans to scale up its finances

A snapshot of education load rates offered by various banks with details

Here is how the education loan rates for studies in India offered by various banks stack up

A snapshot of education load rates offered by various banks with details

Here is how the education loan rates offered by various banks stack up

NBFC or FinTech? Things to keep in mind while opting for education loan

Finding it difficult to get an education loan? What are better terms for taking education loan: Govt banks or NBFCs or FinTech? In this podcast, we answer these and more

Want to send your child abroad for studies? Tips for financial planning

Listen to the podcast to know more about financial planning for child's foreign education

Banks continue to see drop in small study loans, but high-value ones rise

Experts also mentioned that the data suggests that the poorer sections of society could be borrowing less due to their weak ability to service loans

No proposal to waive off education loans: FM Sitharaman tells Parliament

She said banks have been sensitised to adopt a non-coercive strategy for recovery of education loans

Can you handle an education loan? Choose institution and course carefully

It cuts both ways - you can build your credit score and get tax benefit, but defaulting will make life difficult

Should you take an education loan or use retirement kitty to pay the fees?

Funding it from one's savings can dent retirement savings, but the child will start her career without any debt

Planning to take an education loan? PSBs are cheaper but need collateral

Private lenders are flexible with education loans

Compare lenders on cost and flexibility before securing education loan

Besides interest rate and processing fee, check whether the lender will allow you to prepay the loan without a charge