The FinTech Hub
Source: Live Mint Should you take a loan, sell assets, or start investing early? Here’s how to navigate the financial maze of higher education smartly. The ₹1 crore question You must start planning as soon as your child is born. Take a typical graduation in a premier IIT and then a post-graduation at ISB. The…
Source: Live Mint Education loans are a great option for students going for higher studies. But EMIs (Equated Monthly Instalments) will hit your account six months-1 year after you complete the course. Early repayment can help students clear their debts sooner and plan their finances for the future. This will also have a positive impact…
Source: Live Mint In today’s cut throat competitive environment personal student loans are becoming increasingly popular among Indian students who need financial support to meet their educational requirements and aspirations. Personal loans for students are versatile tools of financing to meet various education related expenses. Following are a few points to always keep in mind…
Source: Live Mint The government is contemplating rolling out a system to route and settle interest subsidies on education loans through digital currency wallets, Economic Times reported quoting bank executives aware of this. A system is being worked out to integrate the Central Bank Digital Currency (CBDC)-based subsidy system with the Unified Portal for Education Loan, one of the…
Source: Live Mint For any student aspiring to pursue higher education, having a good score is crucial to getting admission to any good institution. Apart from good scores, having enough finances to fund education is equally important. However, many students in India cannot afford higher education. In order to help such students, the government of…
Source: Live Mint To pursue higher education anywhere in the world, students not only require good grades but having enough finances is equally important. Most students face difficulty in arranging finances to fund their higher education despite having good grades. In order to help such students, the government and private banks have introduced a scheme…
Source: Live Mint The State Bank of India, India’s largest bank, has started offering collateral-free education loans of up to 50 lakhs for students planning to study abroad. Through the SBI Global Ed-Vantage, the bank offers an overseas education loan for students wishing to pursue regular full-time courses at foreign institutions. 10 things to know…
Source: Business Standard 3 min read Last Updated : Sep 09 2024 | 6:44 PM IST The number of Indian students pursuing higher education abroad doubled between 2019-20 and 2023-24, according to a recent report by CRISIL Ratings. The same report adds that education loans for overseas studies are a rapidly expanding segment…
