Gurugram Escort.

Get insights about the future demand and market rise of offshore outsourcing to india. This informative article explains in-depth about offshore outsourcing.

Eduquest Global is a EdTech and E-learning platform designed to make educational resources more accessible to everyone.

Explore our selection of buy Google Voice accounts. Enjoy secure communication, instant access, and excellent customer service. Enhance your digital communication experience with us today.

Europe has become a hub for innovation and entrepreneurship, attracting startup founders from around the globe. The continent offers diverse...

Buy Verified TransferWise Accounts

dry fruits exporters in India Due to their nutritious properties, dry fruits have been a paragon of industrial scope and demand both across India and overseas. To meet these increasing demands, B2B and B2C businesses have started dealing in dry fruit markets. However, one issue they face in this…

The number of Indians studying overseas was close to 200,000. Industry estimates suggest that up to 3 lacs students from India travel abroad every year to study and at least 30% takes an education loan in India. USA is the most preferred destination for Indians students as there were about 100,000 Indian students in the US in the academic year 2013-14. Engineering is the most popular major, followed by computer science, according to the US embassy in New Delhi. With more students than ever heading to foreign universities at undergraduate and post-graduate levels, many parents in India are taking student loan in the form of secured and unsecured loan both. Many are pledging their homes as collateral for student loan taken to meet the cost of their children’s education overseas, including tuition and living expenses. Education Loans for Undergraduate programs Most undergraduate programs in sought-after universities abroad entail spending of about approx. Rs. 1 crore over four years. Princeton University charged around $41,820 (Rs. 26.3 lakh) for tuition fees in 2014-15. For agencies providing such student loan, real estate is better collateral. Banks and finance companies are always comfortable lendings against property, especially when the amount involved is very high because they have the collateral in case of a default. According to Consultants, over 80% of education loans have been taken mortgaging personal homes. In Mumbai, 70% of the clients offer their homes to back loans. “How to get a student loan in India?” As there are many companies giving various student loan schemes in India it becomes very time taking and hard to decide which loan scheme is the best one with lowest interest rate or the one with other factors such as: – – Repayment period, – Loan for living expenses, – Pre-visa loan etc. Taking education loans from non-banking financial companies is more fruitful and beneficial as they are flexible enough to suit the needs of most of the students. Although the interest rate is higher when compared to banks but they offer loans without collateral upto 50-60 lacs. “How accurate a student loan calculator is?” Student loan calculator tool is nowadays available on the website of almost every financial company dealing in student education loan. Working of a student loan calculator is sometimes becomes very confusing as it asks the user to fill in details in many combinations to derive at a desired result. Accuracy regarding the loan calculator is very difficult to verify but an average student loan calculator calculates the loan amount range between Rs. 25 lacs and Rs. 60 lacs. Non-banking financial companies offer Unsecured Loans upto 50-60 lacs which are hassle free and facilitating students with weak financial profile as well.