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Education makes a nation strong and more than 90% of Indians are literate. Demand for skilled/educated people for any executive position and beyond has increased and nothing better than quality education. Moneymindz.com is India’s largest financial search engine offering guidance in giving the education loans.

Vitality Of Educational Loans:

A good education loan is the need of the hour in India. Students, not able to pay for higher end courses can get the loans from various banks like State Bank Of India, Indian Bank, Bank Of Baroda, Corporation Bank, Vysya Bank, HDFC Bank, Punjab And Sindh Bank, Andhra Bank, Syndicate Bank, IDBI, ICICI Bank, Bank Of India and other financial institutions in India. Moneymindz is assisting the students in India, to get quality educational loans, without any hassles.

Document Required In Detail For Taking Up Educational Loans in India:

You need the complete documents for taking up the educational loan like:

• Driving License.

• PAN Card.

• Passport

• Bank Account Statement.

• Latest Electricity Bills.

• Latest Mobile Bills.

• House Rental Agreement.

• Copy of Admission letter of the college/universities.

• Xerox of Mark Sheets of SSLC, PUC and Degree Courses.

Conditions To Be Full-filled While Taking Up Education Loan

Some of the conditions to be full filled while taking up educational loans are:

• Must be a citizen of India

• Copy of admission letter

• Must be a recognized course from recognized university

• Expenses for the course

• 4 Passport size photographs

• Statement of bank account for last six months

• Details of expense of the courses

Duration To Complete Educational Loans:

Maximum tenure to complete educational loans is given below:

Loans up to 8 Lakhs—–Repayment will be up to 10 Years

Loans above 8 Lakhs—- Repayment will be up to 15 Years

Why Choose The Educational Loans In India?

Education is the ideal foundation to have a complete and successful life. Reason behind choosing the successful educational loans in India would be:

Expensive Education:  Cost of education has increased considerably. Due to inflation cost of your son/daughter’s education is challenging to bear. Good education loan helps in overcoming any hurdles.

Easily Available:  Most of the education loans are easily available in India. All public sector banks are offering education loans in India. Your ability to repay will also be taken into consideration.

Advantages of

Good Educational Loans In India:

Some of the advantages of a good educational loan in India are as follows:

• Anybody having burning desire to study can apply for educational loan

• Females, and disabled persons are offered concessions in educational loans

• Loan amount will vary from approx 10 Lakhs to the maximum 20 Lakhs

• Loans below 4 Lakhs does not require the role of guarantor

• Loans above 7 lakhs will require security

• Educational loans are offered to people, willing to take up academic courses in India and foreign nations.

• Government is sponsoring their unique scheme “Central Scheme Interest Subsidy”, to assist economically backward sections

• Applicant can repay loan after studies, and locking period is approx 5 or 7 years.

• Students taking up educational loan will understand value of money.

• Student will develop excellent credit history, if he/she repays loan on time.

So, indirectly one can have a good financial planning, if one is able to clear a education loan on time.

A missed call will do on the number 022—62116588 / 08049202111 and Moneymindz financial experts will call you immediately.

For More Information

Give Us a Missed Call On 022 – 62116588

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