Now complete your dream of higher education with the help of education loans.Check it out here for all the details.

1. Importance of
Education Loan

2. What is Education Loan?
 Education loan helps you plan for your child's
future.
 A child education policy product specially
designed as a savings tool to provide an
amount of money when your child reaches
the age for entry into college.
 Importance of education loan is understood
when you need to go for higher education
which costs lots of financial help.

3. Do I need it?
 Helps you properly plan for your further
education.
 Repayment of the loan starts when the
student education ends.
 Can help you get higher education
needed.

4. How to Get Education Loan
 You can get education loan from any
bank or private loan providers.
 Banks provide education loan on a very
less interest rate. Thus more people prefer
banks as their first priority.

6. Apply for Education Loan
Submit the Required Document
Select either floating or fixed interest rate
Get loan amount

7. Benefits of Education Loan
 An education loan covers tuition
fees, examination fees, hostel
fees, books, laptops and other
resources, study tours, etc.
 You get to enjoy deductible tax benefit.
 The repayment is not be made while
pursuing the course or even immediately
after the course is completed.
 The repayment period is extendible up to
8 years.

8. How to Choose Education Loan
When you need to choose education loan
you must keep 3 things in mind.
 Loan Amount
 Interest Rate
 Tenure

9.  First you must fix the amount require for
Education loan.
 Compare various policies and their
interest rates (using online comparison site
is better and easy).
 Check the policy terms and conditions.
 Select the policy that best fits your
insurance needs.

10. Thank you
Reference:
1. www.axisbank.com
2. www.deal4loans.com
3. www.policybazaar.com
4. www.wikipedia.org