Who does not want to send their children for quality overseas education and help them settle in life faster? But the lack of funds may spoil your dream! Not any more, you don’t need to tackle the complexities of a conventional education loan to do that!
Yes, a personal higher education loan can help you apply and get up to Rs.25 lakh. If you want to know how a higher education loan can help fund higher education, then this post will help! What is a higher education loan? A higher education loan is an extension of the personal loan that has been designed by reputed lenders. You can get a loan amount of up to Rs.25 lakh to fund all aspects of your children’s overseas education. What are the benefits of a higher education loan? 1. Higher loan amount made possible When you can get up to Rs.25 lakh, then you can fund needs such as accommodation, flight expenses, admission and study material and food charges and more. 2. Quick approval Anyone with a higher cibil score, clean repayment and consistent income and employment record can get quick approval from leading lenders within minutes. 3. Money in your account within 24 hours You don’t need to wait for the loan amount and get it credited into your bank account within 24 hours after getting the loan approval. 4. Negligible eligibility and documents You only need to submit basic income, personal and employment proofs and know eligibility criteria for personal loan to get immediate higher education loan approval. 5. Flexible loan tenor Once you avail the higher education loan, you don’t need to worry about repaying it soon and hamper your expenses. You can stretch the loan amount over a tenor ranging up to 12 months as per your needs to pay lower EMIs. If you are ready to apply for an easy higher education loan facility, then you can apply for it online and save your time and efforts.
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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. |