Taking student loans for higher studies?
Then ask for some extra money!
Why?
Because apart from the university’s tuition fees there are other miscellaneous expenses like, books and stationary costs, travel, and accommodation expenses, laptop purchasing cost, etc. which you will incur.
And not able to pay for them will unnecessarily create financial stress.
So, while applying for an education loan, take additional amount for miscellaneous expenses along with living expenses and tuition fees amount for the entire course duration!
But won’t it increase my interest outgo?
No, it won’t!!
As the interest is charged only on the disbursed amount of the education loan.
For example, if you need ₹45 lakhs for your abroad education then you should apply for a ₹55 lakhs loan and keep the amount of ₹10 lakhs as a safe side margin. If you disburse only ₹40 lakhs then the interest rate will only be charged on ₹40 lakhs and your rest of ₹15 lakhs will lapse automatically, and you will not have to pay any interest on it.
(Amount taken as an example and is not indicative)
So, ask for more money to make your life easier!!
#finance #anushkarathod #loan #educationloan #hack
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Edo kation loan milega
What about Processing fee and insurance 😂😂
Hi likin bank wale ne mere se jitna amount sanctioned kiya hai utne kaa interest lee rahe hai….
ਪੰਜਾਬ ਨੈਸ਼ਨਲ ਬੈਂਕ ਤੋਂ ਕਰਜ਼ੇ 'ਤੇ ਕਿੰਨਾ ਪ੍ਰਤੀਸ਼ਤ ਵਿਆਜ ਲੱਗੇਗਾ?
But education loan toh institute k account m jaata h naa hmare personal account m kaha aata h
Education
Sheep
Goat.
Mam mujhe mba karne liye loan chahiye kya karna hoga
🎉🎉🎉🎉🎉🎉🎉
Is it necessary that we have to show 20L in our bank account separately in case of New Zealand? Do they not accept extra money for accomodation, combined in the Ed. Loan? I was thinking the same way as in this short, but a councellor said NZ doesn't support this idea.
egyucation : no
education : yes
Mam you have said that your tuiton fees is 20lakh is it for the 1semester?
But processing fee is applicable on whole sanctioned amount!!!
20 lakhs per year for fours years is a huge amount. is it alright to take that much lone? I don't think so
Then later fall into debt trap
kali pad gayi hai reels bana bana kar.
People are very cheap
You need to have a certain amount equals to one year of living expenses in said country or else they won't grant you the visa.
So Sad, she wouldn’t work anywhere in India
The only bone of contention is the processing fees
Hi di
Mai ca kar rhi hu to mai kaise apply kar sakti hu but I don't have any collateral jo mai de saku kya mujhe loan mil jayega
Aur mai graduation aise apne area ke ek college se kar rhi hu which is affiliated from lko university mujhe kya kya documents lagenge agar mujhe loan lena ho to
Please tell me because mujhe bahut jarurat hai loan ki
No need of overacting
Ye loan lene ke liye guaranteer bhi chahiye ye batao
copy cat video
I got failed in class 12th now i am appearing as a student of private candidate cbse so can i get education loan
What about Lota
Madam apne jo kathakjkali nacha kiya hai na
Loan payment apne bank account me ata hai?, ya bank direct college ko pay krta hai?
Marathi or Hindi? 🤔
Isme galti kahan bataya hai???😂
It is applicable in all type of loans