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Easy education finance for higher studies in India

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How to frame CBSE exam questions: Refer CBSE guide for class 12

article The CBSE board exams are often regarded as a milestone in the life and career of a student. CBSE students appear for board exams twice i.e. in Class 10th and in Class 12th. Every student strives really hard to score a good percentage in the CBSE examinations. This percentage is the deciding factor of the student’s future academic endeavors. So, in order to score well on CBSE exams, one needs to follow a well structured routine and study according to their strengths. Here are some simple tips that can help accelerate your CBSE exam preparation. If you follow these, you can definitely score better and relieve yourself from the BOARD exam phobia. A well-planned timetable: Exam preparation becomes easier with the help of a well-defined study schedule. Time y... Read more

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Education is important for an individual progress. It helps you to attain peak knowledge and compete in different vertical of life to live a successful life. However, in this era of competition doing a mere graduation won’t let you get a good job or run a successful business. For this, you will have to perform outstanding and do some higher studies to add to your educational portfolio. However, today, higher education and professional degrees have become highly expensive in India. As a result, most students need to search finances to bridge up the creeping cost of higher studies. Little savings that your parents make is obviously going to prove insufficient against the vast educational expenses.
Scholarships alone can’t meet the higher education needs; traditional finances are way too costly, with a risk of losing your property or jewelry. They come with an extremely high rate of interest, limited time to repayment and no flexible options to makes repayments.
Relax! Understanding the needs and urgency for career development of students, the government has introduced educational loan in India facilities. In order to make sure that no student is denied of pursuing higher studies, various banks and private finance companies have come up with state-of-the-art facilities for student loan scheme. So, just bank a suitable opportunity and create own your world of successes by pursuing a quality higher education in India.
While applying for a student loan the major concern is the interest rates, EMI set, tenure to be paid, the flexibility of repayment, etc. Due to the growing competition amongst peer players of the market the benefits are ultimately passed on to the end users who are students. Today, there are leading private finance companies that give educational loan in India with interest rates as low as 12.75% and the processing fee is mere 1-2% of the loan amount being calculated on a case-to-case basis. They offer loan at no margin money costs. It’s a 100% funding for your higher studies and if your documentation is up to the mark the loan can sanction within 4 working days to your bank account.
There are finance firms that understand your priority of money on time especially for managing funds. They come up with fast track loans for speedy approval of admission process at the time of applying for a university. In case students are finding it difficult to manage expenses for entrance test, books& equipment they offer bridge up loan, etc.
Companies & banks offer customized Educational Loan In India solutions after taking a holistic view of the students as well as the co-signer and security, if any, for the loan. Meritorious students are given the option of availing loan with no security for few selective courses. Various flexibilities and features with co-signer and collateral norms offered by firms and banks assists student in getting access to financing that would otherwise be hard to obtain.
Usually, for loan up to 4 lakh, no collateral security is required. For the ones between 4 to 7.5 lakh collateral in the form of a satisfactory third party, a guarantee is required. For loan above 7.50 lakhs, collateral in any of the form of Residential property (house/flat/apartment), Fixed Deposits, Life Insurance with surrender value equivalent to the loan amount, Existing house mortgaged and Non-agricultural land can be considered.
Students don’t have to pay installment immediately after the loan disbursement. You can wait for the studies to get over and then start paying your monthly installments. Experts say a student can live a sedentary lifestyle or work part time to accumulate some money for easy loan repayments.
Education loan India has come as a boon for those needy students who wish to fulfill their dreams of studying hard and attain a better position in their business or job career that will ultimately lead to better lifestyle amenities, and mark a mark of India on a global platform as well.
Added 10 days ago
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