Education Loan
Education Loan
Education Loans popularly known as Student loan. It can be availed for maximum of 20 years. These loans are collateral free up to Rs. 7.5 lack Of Loan amount and up to Rs. 150 lacs with Collateral security. It has a holiday period of repayment from 1 year to completion of course.
Some of the key highlights of Education load are as follows.
- Loan financing up to Rs.1.5 crore available.
- Loan repayment tenure up to 20 years.
- Get Education loans for studies in India and abroad.
- Some lenders offer loan disbursal before applying for a Visa.
- Door-step service to collect required documents.
- Children of the bank's employees enjoy preferential rates at several banks.
- Certain banks offer concessional interest rates to female students.
- Enjoy a moratorium period of up to 1 year after course completion.
- During this period, you do not have to make payments on the loan.
- Enjoy tax benefits up to 8 years on the interest paid.
4 Way enterprise helps you in availing the student loans from Nationalised Banks Like State Bank Of India, Bank Of Baroda, Punjab National Bank, Private Bank like HDFC bank, Kotak Bank, Axis Bank are providing the Student Loans.