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Top 4 Answers to the Queries Raised about Education Loans for Abroad Studies

Learn the FAQs regarding foreign education loans and clear your doubts regarding the education loan for higher studies abroad.

RitaBiswas
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Top 4 Answers to the Queries Raised about Education Loans for Abroad Studies

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  1. www.elanloans.com Top 4 Answers to the  Queries Raised about  Education Loans for  Abroad Studies Abroad Studies Abroad Studies Abroad Studies Top 4 Answers to the  Queries Raised about  Education Loans for  Education Loans for  Education Loans for  Top 4 Answers to the  Queries Raised about  Queries Raised about  Top 4 Answers to the 

  2. www.elanloans.com Know the frequently asked questions on how to get Know the frequently asked questions on how to get education loan for study abroad education loan for study abroad

  3. www.elanloans.com What is rate of interest for the Educational loan? 01 For an overseas education loan different  banks offer different interest rates which again  vary based on different bank and government  scheme. The student is advised to first check  the interest rate at which the banks are giving  foreign education loan and take a survey  finding out the lowest among all then apply to  that bank. This will help the student.

  4. www.elanloans.com How is the educational loan disbursed? 02 Taking into consideration of the requirement  of funds approved, the educational loan of an  applicant will be disbursed after knowing the  fee schedule which will be assessed by the  bank. The amount will be then disbursed  entirely or in appropriate instalments to the  educational institution/university/college or  vendor of books or other instruments.

  5. www.elanloans.com What are the different types of collateral that can be offered under education loan? 03 Under the overseas education loan there are 2  different types of collateral that can be shown.   Collateral (Moveable) ‐ Fixed Deposit, Policies,  Bonds, etc  Collateral (Immoveable) ‐ Non‐Agricultural  Land, Own House, Bungalow, Flat, Shop  The collateral depends on the type of loan taken.  Like Secured Overseas Education Loan or  Unsecured Overseas Education Loan.

  6. www.elanloans.com What is the period for approval of my education loan application? 04 From the date of submission of the loan  application made by the applicant the time  taken by most of the banks is maximum 15  working days. Point to note here is that your  loan application along with all the required  documents have been submitted in full.

  7. Contact Us: Visit here: www.elanloans.com Address: 'Krishna', Plot No.10/2, I.T. Park, Opp. V.N.I.T, Behind Infotech Tower, Parsodi, Nagpur, Maharashtra, India-440022 Contact No. : 7447757842 Email Id: info@elanloans.com

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