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All you need to know about education loan eligibility

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Students realize that pursuing further education is very important in today’s world. Every one of us has dreams of making it in a reputed company some day or the other.  In order to get there at a good job position, one obviously has to have the skills required to help business grow. The use of these skills will be called upon once the individual gets at that position.  But to get there, the individual needs to have the academic qualification to be considered for the job. Students always look to pursue a course of their choice at a good university. This obviously requires a lot of planning since arranging the finances is no easy job. But then again, it is not impossible too. Taking an education loan is a great way to finance your further education. The first step of getting an education loan is to check about their education loan eligibility . Each financial institution has its own rules and regulations based on which it sets its eligibility criteria. But th...

A Guide To Education Loan Criteria

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A quality, well-rounded education is extremely important for any individual that wishes to make something of themselves in today’s world. And students today are well aware of that. That is one of the major reasons that many students go above and beyond to educate themselves as much as they can. However, among the many obstacles they face, the rising cost of education is one of the biggest one. In such a situation, the best solution is to apply for an education loan. An education loan is basically money borrowed by students for their educational requirements. It is also the abundantly available option for funding your education as most banks and NBFC’s offer education loans. However, just because the option is available does not mean you can just opt for it.  Most lenders have a rigid set of education loan criteria that every applicant needs to fulfil. Here is a set of criteria that every applicant must fulfil to avail an education loan: Applicant- - An applic...