Elan Overseas Education Loan

Over the years, education loans have become the most reliable source of funding higher education overseas. There has been an exponential rise in the number of Indian students opting for studies abroad in the past two decades. The only catch here is the heavy cost. This burden is eased out thanks to the availability of education loans for studies abroad . Importance of Education Loan Education costs are on a steady rise and thus getting an overseas education loan helps to study abroad. Apart from the tuition fees, education loans also help the applicant with the living costs and any other study related expenses. Mentioned below are a few important reasons why you should opt for an education loan and especially through E’LAN: There are numerous advantages of taking overseas Education Loans through E’LAN. Easily Available: Apply student loans for studying abroad through E’LAN as most banks in India provide education loans as a priority product which are tagged with us. Avail...

Applying for an education loan for abroad is one thing but it is equally crucial to have detailed information about your loan before you sign along the dotted line. This article will put light on some vital things to keep in mind when availing an education loan for studies abroad. Realising the Loan Technicalities When you are planning to apply for online loan application for abroad studies , make sure you read the fine print carefully. Understand every aspect of the loan and go through the terms and conditions with a fine-tooth comb. When it comes to an overseas education loan it is critical to pay careful attention to the rate of interest, the tenure of the loan and any other terms you have agreed to. Do check the loan amortisation schedule so that you have a clear understanding of the EMI. This will help you stay on top of things and make your experience with an education loan for abroad a pleasant one. Determining the Loan Amount It is easy to get swayed by a lar...

Education abroad is definitely worth investing looking at the global needs for all professional grounds. Students today are more alerted and aware of the updates and developments around. Parents have got equally supportive and encourage the kids for higher education for more value and recognition. People manage the expenses by paying the tuition fees through their savings, educational loan or scholarships. But each of the paying method has to be understood thoroughly. Let’s take a look. Scholarships:           Scholarships are mainly categorized for students that are academically bright and score high and very few are need-based. There are many popular scholarships to study overseas that are offered by the government of the home country or the study country and the education institutions as well. These scholarships cover full tuition fees, air-travel fare with return, living expenses and other educational expenses for research...

More and more Indian students are moving abroad in pursuit of world-class education and globally recognized degree certification. According to a report by the Government of India, the approximate number of Indian students studying overseas in the year 2018 was found to be 752,725. If you don’t know, here’s a list of the scholarships given by Indian Government as major funding options for overseas education . •    Dr. Ambedkar Scheme of Interest Subsidy on Education Loan for Overseas Studies •    Padho Pardesh Scheme of Interest Subsidy on Education Loan for Overseas Studies •    National Overseas Scholarship for Scheduled Caste Students •    National Overseas Scholarship for Scheduled Tribe Students •    Maharashtra Govt Scholarship for Open Category students for overseas studies Padho Pardesh Scheme of Interest Subsidy on Education Loan for Overseas Studies As per this scheme, a certain percent ...

Higher education abroad is now accessible with the growing options for assistance and fund management with the help of banks and other financial institutions. Foreign countries are coming forward to encourage international students to pursue higher education as well as research studies. Students can now dream big, as now there are an all time effective student loans for studying abroad through the banks and NBFCs. Although, there are many glitches and hassles faced by the students while getting the loan processed and disbursed. There are some basic aspects that create these issues while applying for loans. ·          The country specific student visa rules ·          The respective university/ college fee payment requirements Mostly, students assume that the tuition fees would be required after the visa is granted. All this id due to the lack of right information regarding the kinds of ove...