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Educational Loan

Overview

An educational loan provides financial assistance to students aiming to pursue higher education in India or abroad. It covers a variety of expenses, including tuition fees, accommodation, books, and other necessary academic costs. Educational loans empower students and their families to focus on academic goals without financial constraints, offering flexible repayment terms and attractive interest rates.

Key Features :

Tuition fees for courses at recognized institutions.
Examination, library, and laboratory fees.
Accommodation and living expenses.
Purchase of books, equipment, and study materials.
Travel expenses for studying abroad.
Flexible Repayment :

Repayment begins after the completion of the course and includes a moratorium period of up to one year post-study.

Loan Tenure :

Repayment periods can range from 5 to 15 years, depending on the loan amount and terms.

Benefits of Educational Loans:

  • Access to Quality Education :
    Ensures that financial constraints do not hinder academic aspirations.
  • Tax Benefits :
    Interest paid on educational loans qualifies for tax deductions under Section 80E of the Income Tax Act.
  • Moratorium Period :
    Students have a grace period to focus on their education before repayment begins.
  • Improved Career Opportunities :
    Funding education increases the potential for better career prospects and earnings.
Contact

+91 99980 99281
sunil@skccorporate.com

Address

SHOP – 2F – 8 MADHURAM – 2, MADHURAM CIRCLE, DINDOLI, Dindoli, DINDOLI POLICE STATION, Udhna, Surat-
394210, Gujarat, India

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