Educational Loan In India Portal Educational Loan In India

Hi people!! We have been posting about recruitment’s going on all across India. This time we would like to take an hour to help students. As we know India is a nation with brilliant minds. But some sharp brains drop out off education as they lac funds. Most of the students who prefer to do their master’s degree tend to drop out of the plan as they lack funds or their financial status doesn’t meet the needs. Everyone feels sad for them. There must not be a full stop for a student education career just because he/she doesn’t have the financial background to continue. So we have decided to help such kind of students. We appeal to all the readers to share this post as much as you can and help your friends.

Shri Arun Jaitley, Honorable Union Finance Minister in his budget speech for FY 2015-16: ‘With a view to enable all poor and middle class students to pursue higher education of their choice without any constraint of funds, I propose to set up a fully IT based Student Financial Aid Authority to administer and monitor Scholarship as well Educational Loan in India Schemes, through the Pradhan Mantri Vidya Lakshmi Karyakram. We will ensure that no student misses out on higher education for lack of funds.’ Till now thirteen banks have been registered for giving loans.

educational loans in India

These banks include SBI, IDBI, Union Bank, Bank of India, Punjab National Bank, Bank of India and etc.

Educational Loan in India

Educational Loan in India has now become easier with the introduction of the above said policy.

Steps for Education Loan:

  • Visit the official website and start registration process.
  • Fill the sign up form and submit it.
  • After the application form sign up now start applying for the multiple banks.

Official website Link :education loan

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