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How to apply for Educational Loan For Abroad Studies

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  Investment in knowledge is the best investment you could ever make. The returns on this investment will help you soar higher in the world. If you want to pursue higher education abroad, then you will need to opt for a loan. Because savings won’t take you far enough. Family savings are meant for the purpose of emergencies such as marriages, medical expenses, unexpected turns, and twists in life. Savings are meant to be used for unforeseen future circumstances. Educational loan for abroad studies enables you to conduct your education abroad successfully. You will be able to pay for your tuition expenses, study materials, and also living and food expenses. Therefore, in this article, we will talk about how to apply for an educational loan and pursue your higher education dreams.   1.       Check for loan eligibility The first and foremost thing that you need to do is check for the eligibility criteria for a loan. You can check this out online with the help of the eligibility loan calcu
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Steps you can follow before applying for an education loan for abroad studies

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  Being able to apply at a university overseas to pursue higher education is a great opportunity. Although the cost of education has become significantly high, you can pursue your education by applying for an education loan for abroad without worrying about digging into your savings. An education loan provides financial assistance to students who are looking to pursue higher education either in India or abroad. In this article, we will talk about the steps you can follow before applying for an education loan. 1.  Compare lenders online: One of the most crucial steps to follow when applying for an education loan for abroad is to make sure that you compare different lenders online. There are various lenders and NBFCs in India that offer education loans. These lenders may have different terms regarding their loan policies. By comparing the lenders online you will have a better idea about the terms being offered to you. This way you will be able to opt for a lender that is best suited
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Here are the 4 steps to apply for study loans In India

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  Getting admission to colleges is a hassle. You need to keep track of all your documents and also need to arrange for funds needed to pay for fees. Most of the time, your loved ones take care of your education. But, there’s another way you could arrange for funds and that is by applying for student loans. You could apply for loans to secure a seat in a college of your choice for a course of your choice. You could apply for education loans for a course that takes place anywhere in the world. While the common misconception is that education loans should be applied for a course abroad, you could also opt for study loans In India. But, the process of loan application involves four steps. They are: 1 .       1.  Choosing a lender: This is the foundational step in the loan application process. Choosing a lender is dependent on whether you have collateral (things like a property, a life insurance policy or a fixed deposit that has the same value as the loan amount ) or not. You can choose
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4 courses you should opt for in India

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  India is a country filled with youngsters. Most of them are either looking to get admitted into a course or still thinking about what to do. It is one of the most important decisions as education plays a vital role in your career. Gone are the days when people were expected to choose conventional courses such as medicine, commerce or engineering. Times have changed with the advancement of technology as the expansion of the internet and media has opened different avenues of career options for the young generation. Anyone can opt for these courses with the help of an education loan in India . Do you know the best part of these loans? There are no restrictions. Listed below are a few examples of courses that one could opt for: 1.     1. Fashion Designing: The fashion industry deals with the creation of the clothing either you wear every day or the stylised one that you wear on special occasions. If you are highly creative and love experimenting with your clothes, fashion designing i
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