Get Easy Education Loan for Girl Students in India (2021)

1. Get Easy Education Loan for Girl Students in India (2021) Education loans are very easy to get for students who want to complete their higher education. Higher studies are expensive, especially if you are thinking about going overseas. As per RBI guidelines, Education loans are priority products in every bank. Education Loan varies from 2 lakhs up to 6 lakhs and has a lower interest rate and a higher repayment period. Many students who want to complete their higher education from India or Abroad can apply for Education Loan in a few steps.

2. In this blog, you will get to know about How to get Education Loan for Girl Students in India in a few steps. Education Loan is an easy way to finance and live your dreams. By taking an Education loan for Girl Students in India you don’t exhaust all the savings of your parents. You can repay this loan amount at a lower interest. Education Loan at 0% Interest If you are a dedicated student towards studies and your financial condition is not good but you want to pursue higher studies then you can get Education Loan at 0% Interest. According to the survey, only Higher class people can afford Higher studies expenses. Middle-class people or lower class people cannot afford these Higher study expenses for that there are many Education Loan schemes by Narendra Modi. This Education Loan scheme can be used for higher studies in India or abroad.

3. List of Banks that provide Education Loan at 0% Interest:- 1. Vidyalakshmi Scheme In this scheme, the government aims to help poor or middle-class students in funding for their higher studies without any funding constraints. You simply have to Register on the Vidya Lakshmi Portal and apply for a maximum of 3 banks that are ready to give an Education Loan.

4. 2. Padho Pardesh Scheme This scheme is designed especially for middle-class or minority students who want to pursue their higher studies abroad. 3. Dr. Ambedkar Central Sector Scheme of Interest Subsidy This scheme is designed especially for economically backward classes and other backward classes to help them complete their higher study abroad. 4. Central Scheme of Interest Subsidy for Education Loan You can pursue your dream of studying abroad with the help of this subsidy. This education loan helps students from economically backward classes. Education Loan for Girl Students in India First of all, you should know what all things are covered in Education Loan.

5. So, Education Loan covers College fees, College Accommodation, Exam Fee and other miscellaneous charges. To apply for Education Loan for Girl Students in India you should Go to Vidya Lakshmi Education Loan Portal. Register there if you are a new user and then log in with your registered Email id & Password. Then Click on Loan Application Form. Read all the necessary instructions & Required Documents. Now Fill Up Common Education Loan Application Form. After filling the entire form you will get the list of banks that are ready to give you an Education Loan based on your Qualification. You can apply for a maximum of 3 banks for Education Loan in Vidya Lakshmi Education Loan Portal and then Bank will contact you for further Documents Verification Process. The process to apply for an education loan is fast & easy with the help of the Vidya Lakshmi Education Loan Portal.

6. Education Loan Eligibility & Benefits The candidate must have scored 60% and above in SSC, HSC. Must have an Income Certificate and all the necessary documents. List of Documents required for Education Loan Eligibility:- 1. Personal Information. 2. Present Banker Details. 3. Course Details. 4. Cost of Finance Details. 5. Documents ( Marksheet, Income Proof, PAN Card, Aadhar Card) Benfits of Education Loan:-

7. 1. Pay after education You don’t need to worry about Emi’s as you have to repay them once your study program is completed. You can either choose mid-term or long-term repayment schedules. 2. Build financial prudence You don’t have to depend on your family for an education loan you can repay the EMI after your study program is completed. Also, you start to build your credit history once you start to repay your education loan. A good credit history helps you in getting cheaper loans in the future. 3. Easy repayment terms Most of the banks offer reasonable interest rates on education loans so your loan repayment is stress-free. You can easily pay after completion of the study program. The interest on an education loan is eligible for a tax rebate under Section 80 E of the Income Tax Act 1961. 4. Financial benefits

8. if you choose an education loan it reduces the strain on your family savings and eliminates the need to liquidate your investments in fixed deposits, mutual funds, or bonds. 5. Wide range of expenses covered If you are thinking about going overseas for higher studies then education loans cover not just tuition fees, but also your living and travel expenses, study material, and much more. Hence these non-fee expenses won’t create an additional financial burden. Most Frequently Asked Questions How can I get a government Education Loan? You can easily apply for Government Education Loan by simply registering yourself at Vidya Lakshmi Portal. After registering yourself Login & Fill up the Common Education Loan Application Form by providing all the necessary details. This single form will be very useful to get Education Loan from various Government & Private Banks.

9. How much percentage is required for an Education Loan? To get Education Loan from banks the candidate should have secured 60% or higher in their 10th std, 12 std, or higher education. The candidate must provide all the necessary Bank details, Personal Details & Common Education Loan Application Form.