To cover the educational expenses, many parents prefer to take education loans for their children. However, most education loans do not cover the entire fees and expenses of the students, and therefore, the borrowers need to arrange a set percentage of the expenses by themselves. This percentage could be higher for abroad studies. To avoid this inconvenience, you can apply for a personal loan offered by Bajaj Finserv. The benefits for an instant personal loan for students are given below:
Funds the entire expenses Bajaj Finserv does not restrict you while utilizing the funds obtained through a personal loan. Also, you can borrow as much amount as you require provided that you are eligible for it. As a result, its instant personal loan can be used to fund the entire expenses of your child’s education. Quick disbursals For getting the education loan approved, you will have to go through many procedures and formalities. For example, you need to get the acknowledgement letter from the college or university in which your child studies and provide documents of both you and your child. The personal loan for education offered by Bajaj Finserv gets disbursed quickly as minimum documents and formalities are required to process it. Moreover, you can fill the form and select the loan tenure and amount from your home as an end-to-end online process is available on its website. Flexible repayment You don't have to worry about the repayment of the loan, as a flexible loan can be selected at your convenience. Also, you can prepay an emergency loan if you wish and reduce the EMI up to 45% by paying only the interest of the loan as EMI during the initial term of the loan tenure. Bajaj Finserv also offers pre-approved offers, including personal loans, credit cards, travel loans, etc. For verifying the pre-approved offers that you can avail of, you can visit their website and submit your name and contact details.
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AuthorAman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management. |