Education and Career Forum

Dear Sir/Madam, I want to apply for an education loan for studying MBA course. I would like to know that if I apply an education loan from Jammu & Kashmir Bank then what benefits are available for me? Please let me know about this asap.

Benefits of applying for an Education Loan in Jammu & Kashmir Bank for MBA aspirant:-

Candidate can get to up to Rs 80,000 per child / ward for admission fee ( only one time up to class 12th)

Candidate can get up to Rs 30,000 per child/ ward for arrears of monthly fees.

Advantage

@Students loan let one afford college

@Students loan can mean the difference between an okay college and your dream school.

@Save funds, stay liquid

@Long moratorium period

@Low interest rate

@Tax benefits

@Multiple expenses covered

@Builds financial discipline

@No collateral if the loan amount is not high.

Provide financial assistance to fulfill the dream of Higher Education of deserving and meritorious students.

Female students are awesome offer discounts or lower interest rates when it come to education loans.

Loans for a variety of courses as available on attractive rates of interest.

Government sponsors subsidiary schemes to help students from the economically backward sections of society avail the benefits of education loan.

The interest paid on the education loan can be claimed as deduction without any upper limit.

°°° Benefits of education loan in Jammu and Kashmir Bank °°°

Loans for a variety of courses are available on attractive rates of interest.

Provide financial assistant to fulfill the dream of Higher Education of reserving and meritorious students.

Female students are often often discounts or lower interest rates when it comes to education loans.

Government sponsor subsidy schemes to help students from economically backward sections of society avail the benefits of education loan.

Education loan below Rs 4 lakh usually are offered by banks without any security or guarantor.

Benefits of applying for an Education Loan in Jammu & Kashmir Bank for MBA aspirant?

Indian National. Borrower and Co-borrower/s must be an Indian National
10+2 pass. You must have cleared HSC/10+2 from a recognized board or institute.
Recognized/Reputed Institute. You must have secured admission to any recognized institution.
Co-signer. A co-signer to act as a co-borrower while applying for loan is mandatory.

Benefits of applying for an Education Loan in Jammu & Kashmir Bank for MBA aspirant?

Processing fees:
Courses in India: None,
Courses abroad: 1% of the loan amount to a maximum of Rs.5,000 which is refundable,
Collateral: None for loans up to Rs.4 lakh
Loan Tenure: 15 years including moratorium.

--- Benefits of applying for an Education Loan in Jammu & Kashmir Bank for MBA aspirant

The interest paid on the education loan can be claimed as deduction without any upper limit under section 80E of the Income Tax of India 1961.

Education loans below Rs 4 lakh usually are offered by banks without any security.

Government sponsor subsidy schemes to help students from the economically backward sections of society avail the benefits of education loan.

Female students are often offered discounts or lower interest rates when it comes to education loans.

Loans for a variety of courses are available on attractive rates of interest .

Provide financial assistance to fulfill the dream of Higher Education of deserving and meritorious students.

Provides financial assistance to fulfil the dream of higher education of deserving and meritorious students.

Loans for a variety of courses are available on attractive rates of interest.

Female students are often offered discounts or lower interest rates when it comes to education loans.

Government sponsors subsidy schemes to help students from the economically backward sections of society avail the benefits of education loan.

Education loans below Rs.4 lakh usually are offered by banks without any security or guarantor.

The interest paid on the education loan can be claimed as deduction without any upper limit under Section 80E of the Income Tax Act of India, 1961