Education Loan Podcast: Navigate Education Loans with Confidence

Financing your education shouldn’t be a barrier to achieving your dreams. Join our podcast for expert tips, strategies, and guidance on education loans. Whether you're planning to study in India or abroad, we’ve got you covered with flexible options and personalized support.

FREE

Course Overview

This podcast series unpacks the complexities of education loans and provides practical guidance on managing student debt. Designed for those pursuing higher education or supporting their academic journey, each episode offers valuable insights into loans and repayment strategies.


In This Session, You’ll Learn:

Expert Guidance on Education Loans  : Gain insights from financial planners and student loan counsellors on how education loans in India work. Learn about loan types, eligibility criteria, and education loan interest rates, so you can make informed financial decisions.

Actionable Loan Management Tips  : This session covers strategies to reduce costs, manage debt during studies, and ensure successful repayment. Understand how education loans work and how much education loan you can get without collateral. We’ll also touch upon whether an education loan is tax-free and how to take advantage of financial benefits.

Interactive Q&A with Experts  : At the end of the session, participate in a live Q&A. This is your chance to ask questions such as “What is the education loan interest rate?” or “Is an education loan tax-free?” and receive expert advice tailored to your unique needs.


Podcast Schedule

Date: Coming Soon!

FAQs on Education Loan Podcast

1. Who is eligible for an education loan?

Eligibility varies by lender but typically includes Indian nationals enrolled in recognized institutions. Some lenders also assess creditworthiness and co-applicant income.

2. How much education loan can I get without collateral?

For most banks in India, loans up to ₹7.5 lakhs are available without collateral. This amount may vary based on the institution and lender’s policy.

3. What documents are required for an education loan?

Documents typically include proof of admission, academic records, income proof of the co-applicant, and identification documents.

4. Is an education loan tax-free?

Yes, the interest paid on an education loan is eligible for tax deductions under Section 80E of the Income Tax Act in India.

5. What is the education loan interest rate?

The interest rate depends on the lender and loan scheme. Typically, education loan interest rates in India range between 7% and 15%.

6. How does education loan repayment work?

Repayment typically starts after a moratorium period, which may extend up to 12 months post-course completion or 6 months after starting a job. Flexible repayment options are available with many lenders.