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What Are The best Education Loan Provider Companies In India ?

What Are The best Education Loan Provider Companies In India ?

Are you an Indian student and you want to study in abroad . The cost of education with daily expenses seems to be very expensive for a typical middle class family . For almost all the students the problem is one . From where we should get funding, which company is best , and many more queries regarding this . In this blog we gonna tell you that best banks or companies from which you can get funding.

Main features of education loan in India

The amount of education loan in India varies from 5 to 50 lakhs .

Any person with in the age group of 18-35 is able to get this education loan and can study in abroad.

The education loan covers all the expenses such as tution fees , book cost , food , library and the lab if you are attending it.

The duration of education loan can be upto 15 years.

The interest of education loan on EMI can be deducted under Sec 80E.

Salient features of education loan

Available with and without collateral
You can also get education loan upto 1 crore all depends on your expenses while some got loan upto 40 or 50 lakhs . All depends on the lender .

Lower interest rate
The interest rate on education loan ranges between 9 percent to 15 percent .

Longer repayment period
The actual tenure of loan starts after getting a job but you can extend it upto 5 to 7 years .

Best banks for education loan in India

1. HDFC bank

HDFC bank provide you loan upto 20 lakhs with no upper limit for all the expenses during the education in abroad but you have to collateral in the form of immovable property or fixed deposit. It has 1 percent of loan processing fees also .
Rate of interest depends the place whether it is in India or out of India. The rate of interest in India is almost 9.24 percent to 13.55 percent and the rate of interest in abroad is about 9.25 percent to 13.68 percent. It has a quick processing rate also.

You will get to know that they don’t have dedicated scheme for education loan for skill development courses. That’s the reason they provide personal loan for skill development courses.
The maximum tenure of loan is upto 15 years.
Generally HDFC takes almost 3 – 4 days to persuade your loan .

2. Union bank of India

Union bank does not ask for any processing feed except the loan amount.
There is different rate of interest for different schemes :-
Courses in India and abroad :- upto 10.5 percent and depends on amount of loan
• For premium management and technical institution ( India ) :- upto 6.70 percent
For kisan siksha suvidha :- upto 10.05 percent or depends on the amount of loan.
Tier ll management and technical institution
( India) :- upto 8.25 percent.
Union bank gives education loan under the credit guarantee fund schemes.
It is better if you open fixed deposit.
It has quite Low interest rate but it ahs slow documentation process.

3. State Bank of India Education loan

State Bank of India offers one of the lowest interest rate in India .

State Bank of India scholar loan scheme only include merit students who want to pursue NITs , IITs , IIMs etc.

Rate of interest depends upon the different schemes:-
SBI Student loan Scheme :- upto 9.30 percent
SBI Scholar loan Scheme :- upto 6.90 percent to 8.30 percent
SBI Skill loan scheme :- 8.80 percent
SBI Global Ed ventage scheme :- upto 9.30 percent

4. IDBI Bank

IDBI give education loan at a reasonable interest rate . Its interest rate is approximately beginning from 9.45 percent. IDBI also offers loan to students who are going to seek admission through management quota in various colleges.
This can be a great option for education loan in India.

5. Axis Bank Education Loan

This bank can give you loan starting from 50,000 to 75 lakhs on the basis of your potential. It provides all the cost of expenses like food , tution fees and etc.
There is no preparation or additional fees except loan amount .
The rate of interest depends on the amount of loan :-
upto Rs 4 lakh :- approximately 14.2 percent
Rs 4 to 7.5 lakh :- approximately 14.8 percent
Above 7.5 lakh :- 13.7 percent
Axis bank has high rate of interest. It has quick processing of loan . Higher loan amount upto 75 lakhs. Upto 15 percent margin for loan below 4 lakhs.

6. Punjab bank educational Loan

Punjab National Bank is one of the trusted bank for loans in India. It provide loan at very low rate of interest.
Its rate of interest depends on the different schemes:-
Saraswati schemes :- upto 7.50 percent to 9.80 percent
Pratibha loan scheme :- upto 7.20 percent to 7.80 percent
Udaan loan Scheme :- upto 7.30 percent to 9.80 percent
There is no age limit in this bank for the loans .
The repayment tenure for this bank is 7 to 15 years .

What are the benefits of star health insurance

What are the benefits of star health insurance

Health insurance is an essential part of every family’s budget, especially if you have a family to look after. It can be very expensive to take care of medical emergencies and long-term illnesses, so it’s important that you protect yourself with health insurance. Star Health Insurance offers a wide range of policies to suit your needs.

Health insurance is an essential part of every family’s budget.

Health insurance is an essential part of every family’s budget. Without it, you could be in trouble if you get sick or have an accident and have to go to the hospital. You may not be able to afford the treatment you need if you don’t have health insurance coverage–and then where would your family be?

Without proper health care coverage, people often lose their jobs because they aren’t able to work anymore due to illness or injury. If this happens while they are paying off debts on credit cards or loans from banks and other lenders, they could end up being buried under debt for years just because they didn’t have sufficient health protection during those times when they needed it most!

Star Health Insurance offers a wide range of policies to suit your needs.

Star Health Insurance offers a wide range of policies to suit your needs. We have a variety of plans, each with their own benefits and costs. There are three main types of plans:

  • Individual Plans – These cover one person only and can be used for any medical condition that is not pre-existing or hereditary in nature.
  • Family Plans – They cover up to five members from the same family at once, as long as they’re related by blood or marriage (no step-parents). Each member will have their own policy number which you can use when booking appointments with doctors or hospitals so they know who is covered under this plan.
  • Two In One Combo Packages – These combine both individual and family coverage into one package for convenience’s sake! They’re great if your family has several members who need insurance but doesn’t want everyone paying separately every month plus an admin fee every time someone wants new glasses or contacts fitted over at LensCrafters near where my house used live before moving away last year because I wanted something bigger but didn’t want too much land space taken up either…

A medical policy with Star Health will help you save on medical expenses and provide security in times of financial crisis.

A medical policy with Star Health will help you save on medical expenses and provide security in times of financial crisis.

  • It provides financial security in times of crisis.
  • You can get treatment for pre-existing conditions or chronic illnesses at a reduced cost, even after having been denied insurance elsewhere.
  • The policy covers up to 90% of the total cost of hospitalization and diagnostic tests like MRI, CT scan etc., which is much higher than what most other insurers offer (usually less than 50%).

You can choose from various health plans and packages to suit your needs.

Choosing a health insurance plan is a very personal decision. You need to ensure that your family needs are met and that you can afford the chosen plan. Star Health Insurance offers you a wide range of plans, each with its own unique features and benefits. You can choose from various plans and packages according to your needs and budget, or even take advantage of the group health insurance scheme if you’re part of an organization that offers this benefit as part of their employee benefits package.

You can save money on premiums even if you have a pre-existing condition or a chronic illness like diabetes or hypertension.

Star Health Insurance plans are based on age, gender and health status. You can save money on premiums even if you have a pre-existing condition or a chronic illness like diabetes or hypertension.

Premiums are calculated based on the plan you choose, your age, gender and family health history. If there is no history of any diseases in your family then your premium will be low as compared to others who have history of such diseases in their family background.

Get yourself and your family the protection they need with Star Health Insurance

If you are looking for a health insurance plan that provides you with complete coverage, then Star Health Insurance is the best option. The company offers a wide range of plans and packages to suit your needs, so you can choose one that suits your budget as well as your needs.

Star Health Insurance covers all medical expenses related to hospitalization, surgery and treatment at home or abroad. It also offers protection against unforeseen medical expenses such as accidents caused by natural calamities like floods or earthquakes etc., which might leave people financially burdened if they don’t have any kind of protection against these kinds of situations

Conclusion

Star Health Insurance is one of the most trusted names in India when it comes to health insurance. The company has been providing quality services for over 30 years, and they have developed a wide range of policies that suit every budget and need. With Star Health, you can be sure that your family will always have access to quality healthcare facilities whenever they need them most.

5 Best Bike Insurance Companies in 2023

5 Best Bike Insurance Companies in 2023

5 Best Bike Insurance company: In India, most accidents are caused by two-wheeled vehicles. With this in mind, the Government of India passed the Motor Vehicles Act in 1988, which requires owners of two-wheeled vehicles to have valid insurance.

Previously, there were only a few companies that offered insurance on two wheels. But today the situation is different. Many companies in the market are ready to meet the demand. Let’s take a look at the top 15 insured owners of two-wheeled vehicles by 2021. They are IRDA certified, and with the help of the IRDI report for 2018-2019, we have updated the level of requirements of each issuer.

1. General Insurance company Bajaj Allianz
Bajaj Allianz General Insurance Company Limited is one of the best general insurance companies in India. It was founded in 2001 and is present in almost 200 cities and towns in India. The company offers a wide range of effective insurance products to meet various customer needs. The company wants to offer the best value and the best experience.

Features:

.The company offers simple online purchases.
.Get renewals without any hassle.

.The coefficient of compensation for losses is 62%
.Garage Network 4000

2. Bharti AXA General Insurance Company
Bharti Axa General Insurance Company Limited is a leading Government Insurance company founded in 2008. The company is owned by Bharti Enterprises, a joint venture with Axa, a global leader in financial security.

Features:

.To provide additional protection, the company offers various add-ons, such as individual accident insurance, coverage without depreciation.
.Payments can be made using digital payment methods, such as the banking network, debit/credit card, Google Pay and others.

.The coefficient of compensation for losses is 75%
.Network garages 5200+

3. General insurance company HDFC ERGO
HDFC company offers useful general insurance products such as cars, healthcare, travel and more. Rating ” IAAA ” according to ICRA Limited. It also has an ISO certificate.

Features:

.The company offers discounts of up to 70% on insurance premiums.
.The company provides an opportunity for an unlimited number of claims.

.The number of hopeful victims of natural disasters is 82%
.6800+ chain garages

4. The future insurance company Generali India
Only a handful of insurance companies can win people’s hearts. The future generalissimo is one of them. Founded in 2007, the main goal of the company is to provide its customers with the best service and make them smile. In addition to car insurance, the company has medical, travel and other services in its arsenal.

Features:

.The company guarantees that your claims will be considered within 7 days.
.Use the automatic renewal reminder service.

.Loss compensation ratio 69%
.Network garages 3500+

5. National Insurance Company (NIC)
The National Insurance Company was founded in December 1906. It is the oldest insurance company in India and the only non-public sector life insurance company. The company has received numerous awards, including The Economic Times Award for the best brands.

Features:

.The company allows the policyholder to receive additional benefits at the expense of additional benefits.
.It provides a simple and convenient complaint process.

.Claims Ratio Aus 127.50%
.Available Network Garages