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Educational Loans

In order to support students from economically weaker sections of the society, Department of Education, Ministry of Human Resource Development, Government of India have come up with an idea of educational loans to students in india and abroad. Education loans have become a popular method of funding higher education in India with the cost of educational degrees going higher and especially for study abroad options. The spread of self-financing institutions for higher education in fields of engineering, medical and management which has higher fees than their government aided counterparts have encouraged the trend in India. Most large public sector and private sector banks offer educational loans. 

The loan could be a personal loan for funds for living or covering the cost of the course.