Education and Career Forum

Hello everyone, my father is insisting me to apply for an education loan from YES Bank as I am interested to do MS course in Abroad. Can I know about the benefits which I will get if I apply an education loan from this bank? Kindly tell me about this.

°°° Benefits of applying for an Education Loan in YES Bank for MS-Abroad aspirant

Quick and hassle-free process for timely disbursement of loans

Save income tax u/s 80E on interest paid

Flexible repayment and tenure options to suit your requirement

Competitive simple interest on your plan

Insurance cover to further secure your future

°°° For more information you can visit the official website
http://www.yesbank.in

Advantages of YES Bank Education loan

Save income tax u/s 80E on interest paid.

Flexible repayment and tenure options to suit your requirements.

Competitive simple interest on your loan.

Insurance cover to further secure your future.

Quick and hassle-free process for timely disbursement of loans.

Apart from nationalised banks , loan can be availed from NBFC's .
Some of them are:_
Credila
Avanse
ISPL
GSLC etc

Mainly banks offers loan with preferential interest rates for reputed universities.
Maximum loan amount is 20_30 lacs
Processing fee up to 1.5 % of loan.

Bemefits
Borrowers enjoy flexible security collateral.

Loan covers tution fee, exam fees, lab and library fees etc.

Provided at reasonable rate of interest.

No collateral security up to 4 lacs of loan.