Over 4.60 lakh availed education loans to study abroad in 10 years

As reported by Public Sector Banks (PSBs), 4,61,017 number of students availed educational loan for studying abroad, out of which, 42,364 students have availed education loan for studying medicine in the last ten years.

Vadh on Netflix : This Neena Gupta and Sanjay Mishra-starrer has these 4 important money lessons for you

Vadh is a Netflix film starring Sanjay Mishra and Neena Gupta that tells the story of elderly parents who take loans to fund their son's dreams, only to be let down. In the end, they bequeath their home to a young girl who brings joy to their lives.

Applying for education loan? Here are 9 things to keep in mind

Since education is a non-discretionary expense, inflation fails to deter students from pursuing higher education at premier universities and popular destinations. Students conduct thorough research while selecting a destination, keeping in mind all the costs and expenses to be incurred.

Credit outlook: Demand for BNPL, home loans likely to grow in 2023; education loans may take a hit

Investors are looking forward to an economic recovery in 2023 though the fear of inflation and recession continues to engulf their minds. However, recent repo rate hikes and policy measures signal the easing of inflation, which in turn will encourage people to seek small unsecured loans.

Education loan insurance: From coverage to benefits — all questions answered

By purchasing loan insurance, you can be sure that the co-applicants won't be responsible for repaying the whole amount of the education loan plus interest in the event of an unforeseen circumstance.

Education loan vs education insurance: Here's all you need to know

With more than 10% of education inflation in the country, providing children with quality education is becoming more expensive daily. Before your child's education drains your pocket, damages your financial planning, or burdens your child with huge debt. Plan it in advance to avoid financial chaos and you know the next reasonable step to be taken.

Foreign education: Make sure it doesn't jeopardise your retirement planning

An education fund cannot be treated like the good old recurring deposit with a bank. You don’t issue a standing instruction and then forget about it. Read further to know more

Preparing to fund your child's higher education? All the things you should know

There can be two ways of financing your child's higher education. One is by saving and investing strategically, and the second is by taking loans. Let's understand which option is better for you.

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Over 4.60 lakh availed education loans to study abroad in 10 years

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