Is education loan available for CA students?
With a view to facilitate the students pursuing the Chartered Accountancy Course, the Institute of Chartered Accountants of India has made tie-up with the following Banks under the “Join CA Educational Loan Scheme” to provide the Education loan to its aspiring students to meet out the Course fees etc.
Can I get 2 lakh education loan?
Applicable for all courses: Education loan can be used to pursue all types of courses — graduation, post-graduation, diploma courses, vocational courses — whether in India or in foreign universities. Varied loan amounts: Banks can offer loans anywhere between Rs. 2 lakhs and Rs. 22 lakhs for studying in India.
Can education loan be applied online?
The availability of an online application makes it more convenient to apply for education loan.
Which bank provide education loan easily?
Compare Top Education Loan Offers 2021
| Name of Bank | Interest Rate (p.a.) | Loan Amount |
|---|---|---|
| Axis | 13.70% to 15.20% | Up to 75 Lakh |
| Bank of Baroda | 7.85% to 9.85% | Up to 4 Lakh and above |
| HDFC | 9.55% to 13.25% | Max Apr |
| Tata Capital | 10.99% onwards | Up to 30 Lakh |
Can CA coaching get education loan?
Yes, there are options available for education loan facility for CA students. You can visit any nearby branch to know more about the same. Kindly make a note that the loan may not be available to make payment for coaching classes fees.
Can I get loan for coaching?
The plain and simple answer is, yes you can get loan for education received from coaching institutes.
What is the EMI for education loan?
Ans: EMI is the acronym for Equated Monthly Installment, an EMI amount is the agreed upon fixed amount for monthly repayments that the borrower of the education loan must pay to the lender in order to pay out the money borrowed. The EMI consists of two parts – the applicable interest and the principle amount.
What is Vidya Laxmi portal?
Vidya Lakshmi is a first of its kind portal for students seeking Education Loan. Students can view, apply and track the education loan applications to banks anytime, anywhere by accessing the portal. The portal also provides linkages to National Scholarship Portal.
Can I take 2 education loans?
Well, the answer to the above question is – Yes, a student can be eligible for a second education loan. For this, they can either apply for a second education loan from the bank they already have taken their first loan from or they can apply to a different bank.
What is the minimum amount of education loan?
Education Loan Interest Rate in 2021
| Interest Rate | 8.40% onwards |
|---|---|
| Minimum Tenure (excluding grace period) | 5 years |
| Moratorium Period (after course completion) | 1 years |
| Minimum Loan amount | ₹ 50,000 |
| Maximum Loan without collateral | ₹ 4,00,000 |
How much percentage is required for education loan?
The bank filed the present appeal saying candidates who have secured 60% marks and above alone are eligible to get education loan as they alone can be treated as meritorious candidates.
What is the join CA Educational Loan Scheme?
With a view to facilitate the students pursuing the Chartered Accountancy Course, the Institute of Chartered Accountants of India has made tie-up with the following Banks under the “Join CA Educational Loan Scheme” to provide the Education loan to its aspiring students to meet out the Course fees etc.
What are the benefits of a personal loan for chartered accountant?
A personal loan for chartered accountants up to Rs. 42 lakh helps you meet major expenses like marriage, vacation, home renovation, child’s overseas education and more.
Can a chartered accountant get a personal loan of Rs 35 lakh?
Personal Loan for Chartered Accountants A Personal Loan for Chartered Accountants up to Rs.35 lakh helps you meet major expenses like marriage, vacation, home renovation, child’s overseas education and more.
What is a student portal and how does it work?
A student portal is a commonly used word that describes the login page where students can provide a username and password to gain access to an education organization’s programs and other learning related materials and information.