#loans in punjab

[shubhbank]

APPLY FOR LOAN ONLINE at SHUBHBANK to get the required funds to fulfil your urgent financial needs.

[scamsupdateindia]

ED Arrests Himansh Verma in Rs 1,257 Crore Syndicate Bank Fraud Case

The Enforcement Directorate (ED) has apprehended a significant conspirator involved in the Rs 1,257 crore Syndicate Bank loan fraud. On October 15, Himanshu Verma, also known as Himansh Verma, a resident of Chandigarh, was arrested and subsequently presented before a special court in Jaipur. The judge has remanded Verma to ED custody for 10 days, until October 25.

ED Initiates Money Laundering Investigation

The ED initiated a money laundering investigation under the Prevention of Money Laundering Act, 2002, against officials of the former Syndicate Bank (now Canara Bank) and other suspects. This investigation was based on First Information Reports (FIRs) and a charge sheet filed by the Central Bureau of Investigation (CBI).

Details of the Syndicate Bank Fraud

According to the ED's Jaipur-based Zonal Office, from 2011 to 2016, the main fraudster Bharat Bomb, a Chartered Accountant from Udaipur, Rajasthan, colluded with bank officials to defraud the Syndicate Bank of Rs 1,257 crore through fraudulent loans and fake cheque discounting.

Himansh Verma's Role in the Fraud

The ED's investigation revealed that Himanshu Verma was a key associate of Bharat Bomb, receiving approximately Rs 85 crore in proceeds from the crime. Properties worth Rs 14.88 crore belonging to Verma and his family have been attached by the ED.

"Himanshu Verma received proceeds of crime in various bank accounts he operated and controlled, using complex transactions to place, layer, and integrate the tainted funds," stated the ED.

Verma's Criminal Background and Evasion Tactics

The agency also highlighted that Verma is a hardcore criminal with multiple FIRs registered against him and his family members in various police stations across Punjab and Chandigarh. He is wanted by both the Punjab Police and the CBI.

In an attempt to evade authorities, Verma changed his name to Himansh Verma, obtained a fraudulent police verification report, and secured a new passport under his new name. He traveled abroad via Nepal before the passport authorities canceled his passport upon discovering his criminal background.

Lack of Cooperation with ED Investigation

Despite multiple summonses from the ED, Verma remained uncooperative throughout the investigation, appearing only once.

[flexiloanin]

Unlock financial flexibility with FlexiLoan.in!🚀💼💰 Introducing flexiloan.in - Your Ultimate Loan Management System! Discover our comprehensive range of services tailored to meet your financial needs.

Flexiloan.in has the minimum documentation requirements in order to simplify the provisions of quick online Loans. Applying for the loan while fulfilling all the requirements and receiving the high value multi-purpose sanctions is a matter of a few clicks.

🔹 Personal Loan 🔹 Flexi Loan 🔹 Doctor Loan 🔹 CA/CS/CWA Loan 🔹 Business Loan 🔹 Overdraft Loan

Say goodbye to long waits and mountains of paperwork – with FlexiLoan.in, get quick approvals and funds in no time.

Apply now and take control of your finances effortlessly!

Learn More: https://flexiloan.in/ Contact Now: +91-8802733920, +91 9643001111

[shreyakapoor7856]

Punjab National Bank Loan EMI Payment | Paytm

Manage your Punjab National Bank loan EMIs with ease at Paytm online. Get information on PNB loan EMI calculation, online payment options, and tips for a hassle-free payment process. Secure your financial future with PNB EMI payments today. For more information about Punjab National Bank loan EMI payment, visit the site.

[murghmalaitikka]

"After the crucial second round of talks with the government failed to make any headway, the protesting farmers carried on with their Delhi Chalo march on Tuesday. There were reports of chaos on the Punjab-Haryana Shambhu border as the Haryana police fired teargas shells as farmers tried to break the erected barricades. Drones have been deployed to keep track of farmers’ movements, most of whom are on tractors.

Delhi has imposed Section 144 throughout the city for 30 days, erected barricades and iron spikes on the borders to prevent the farmers from entering the Capital.

Internet and bulk SMS services were suspended for Tuesday in seven districts of Haryana- Ambala, Kurukshetra, Kaithal, Jind, Hisar, Fatehabad and Sirsa. Several farmer leaders’ social media accounts were also reportedly blocked the previous day.

The farmers’ protest, being led by the Samyukta Kisan Morcha (Non-Political) and the Kisan Mazdoor Morcha, has been demanding legal guarantee for Minimum Support Price (MSP) for crops, as promised by the BJP-led government at the Centre, among other demands like loan waiver and implementation of the MS Swaminathan Commission’s recommendations. The farmers participating in the protest are mainly from Punjab and Haryana."

[kathleenmarymulligan]

A Place to Lay our Heads, and a Long Journey Back to the Beginning

December 21, 2022

I am having trouble keeping track of the days. I keep thinking it’s Sunday today (and it’s Wednesday), I’m a bit astonished that we’ve been in India a week, and the fact that Christmas is four days away is mind-blowing. Anyone who knows me knows I love this holiday- and I’m getting a little misty thinking about not being with family this year. But this was a conscious choice (in order to meet with my students at Khalsa College and give them an “activity”—I’ve been advised NOT to call it an “assignment”--for over their winter break) and I will relish the chance to experience what Christmas is like in the Punjab. There are certainly signs of the holiday: our hotel is advertising that we can “satiate our Christmas cravings with luscious indulgences, handcrafted by our culinarians”—and for a mere 599 INR (about $7.00) we can have a “Jagermeister Bomb” (don’t know what that is—but yuck.) And there’s an old Anglican church near here from British times with a Christmas Eve service and Christmas day service- so we’ll attend one of those. There are artificial trees for sale in local stalls, along with Santa hats and some other silly stuff—and our hotel has some nice jazz versions of Christmas carols playing (the same playlist over and over…but at least it’s pleasant.) We’ll make our own unique Christmas tradition this year. But I’ll miss the Christmas House in Brookfield, MA where my sister-in-law Margo goes all out in their 18th century home.

The big news since last I wrote is that we found a place to live! David and I were all set to commit to an apartment that was darling—and very comfortable—but in a neighborhood I had some concerns about. In the meanwhile, I reached out to people I met when I was here in 2018—desperately seeking a recommendation for a real estate broker who might help us in our search. One of those people was an astonishing young woman named Aashna Sachdeva whom I had connected with in 2018.

Aashna and me in 2018

Aashna wrote to me Monday morning that her father, whose family had experienced Partition, was touched by the subject of my project, and wanted to help. Within an hour we were visiting a property he owns in a great part of town—and invited to make that our home for the next six months. The place is shared during the day by his partner and crew who are working on developing an app for film editing (it feels like we are in an episode of Silicon Valley minus the obnoxious characters)- but we have a spacious area upstairs. It was pretty sparse when we saw it, but Aashna’s mom Jasmina met me there the next day and made a list of things she could loan us for our stay: a couch, a table, a small frig, some rugs, etc. The generosity of this couple- who were complete strangers to us a week ago-is overwhelming. We move in on Friday- and we’re planning to treat ourselves to a little shopping spree at Home Centre and Fabindia (the temple of my familiar) to make the place feel homey.

This city is fascinating… and intense. Having an oasis of peace will be crucial.

Our new place:

Today, David and I headed to the old city with the plan of visiting the Golden Temple.

On our way

But when we got there, it was teeming with pilgrims, worshippers, and tourists—and we thought it wise to return early one morning or after dark—the times recommended by many. After stopping in at The Partition Museum (the place I visited in 2018 that prompted the whole idea for this Fulbright project),

Outside of the Partition Museum, housed in the old town hall

we made our way to the Jallianwala Bagh Memorial. If you don’t know or have forgotten: on April 13, 1919, a group of soldiers commanded by British Brigadier General R.E.H. Dyer entered an enclosed courtyard where a large group of peaceful protesters (men, women, and children) were gathered. He ordered the soldiers (sadly, all Indians serving in the British army) to fire into the crowd. No warning was made to disperse (such gatherings were forbidden)—they just fired –1650 rounds—and killed approximately 1500 men, women, and children. 120 of them jumped into the well in the courtyard to escape the bullets—and all drowned. I’m giving the barest of facts here. But see the scene the scene from “Gandhi” on YouTube below for a pretty accurate (and harrowing) seven-minute depiction (if, perhaps, a little kind to the panel that questioned Dyer later.) You'll see the Town Hall that now houses the Partition Museum in the clip. The space is now a memorial park to the victims and very well done, although the cheery music piped in makes for a bizarre counterpoint to the weight of what took place there.

Jallianwala Bagh

We were tired after that- and ready to head back to the hotel for a rest. That was not as simple as anticipated. We got ourselves lost in the warren of narrow streets that make up the old city- and my Fitbit knock-off alerted me that I had reached 10,000 steps long before we made it to a main road where we could call an Uber. And that was right back where we’d started. We had walked in a huge, confusing circle—past countless tiny shops, tea stalls and rickshaw drivers all offering to take us where we were going (but none knowing where our hotel was.) Although I had some nervousness that we might get robbed (pick pocketing and other theft are a big problem here)- we both sort of enjoyed the journey. The weather was cool and not unpleasant. There were lots of interesting things to see.

And we knew eventually we’d have to come to something familiar, which we did. It did feel incredibly good to finally climbed into an Uber and sit back as our driver made his way through unimaginable traffic to finally deposit us at our hotel (how does anyone drive in this city?) The Uber cost: 140 INR (about $1.75.) We tipped him more than the ride cost: that price might have been acceptable (for here) if it had been a clear shot—but that poor driver made no money on that ride.

Off to sleep- with the hopes that tonight I don’t wake up at my new time of 1 AM to lie and obsess for an hour before falling back to sleep.

Oh! My funny story of the day: mid-morning I went down to the lobby to ask about extending our stay by one night (the house isn’t quite ready for us.) There was a woman in the lobby impatiently asking for something from the staff. She had on her flannel plaid pajamas and slippers, was holding a cup of chai in each hand, and coughing non-stop. No mask. Not even an attempt to cover her mouth. She then went over to the elevator to head back to her room. I decided to take the stairs. This is a four-star hotel, folks.

And for a little laugh:

Until the next…

[gurjotgill]

Top 5 Private Universities In Punjab

Institutions of higher learning, private universities are not run, owned, or institutionally sponsored by governments. They may obtain tax breaks, grants, and public student loans from the government, which they frequently do. There are five top private universities in Punjab.

1 Chandigarh University

2 Lovely  Professional University

3 Chitkara University

4 Adesh University

5 RIMT University

[usaitbari]

Total business to cross Rs 2 lakh crore milestone soon: Punjab & Sind Bank MD - Times of India

Total business to cross Rs 2 lakh crore milestone soon: Punjab & Sind Bank MD – Times of India

NEW DELHI: Punjab and Sind Bank is expected to cross Rs 2 lakh crore business milestone soon on the back of robust growth in loans, its managing director Swarup Kumar Saha has said.In the third quarter of the current financial year, he said, the bank has witnessed a credit growth of 17 per cent to Rs 78,049 crore.“Topline growth is in line with our guidance while other key parameters like asset…

[azurepowerseo]

Azure Power to Prepay Green Bonds of $ 310 M

Gurugram, September 09, 2024 - Azure Power Global Limited, a leading sustainable energy solutions provider and renewable power producer in India, issued a notice to prepay Green Bonds maturing in December 2024. The Bonds (RG II) are backed by ten projects, originally commissioned between 2016- 2019. The Green Bonds were issued in 2019 for $ 350 Mn and are listed in Singapore.

The refinancing, valued at approximately INR 24 Bn, is structured as an INR Term Loan underwritten solely by REC Limited. The refinanced projects, with a total capacity of 615 MW, are spread across Punjab, Maharashtra, Uttar Pradesh, Andhra Pradesh, Gujarat, Karnataka, and Rajasthan.

"This refinancing reaffirms Azure Power's strong market position and our capability to raise funding at attractive terms," said Sunil Gupta, CEO at Azure Power.

"We continuously assess our portfolio to optimize the funding of our projects. This project serves as a testament to that strategy," stated Sugata Sircar, Group Chief Financial Officer & Executive Director, Finance.

REC Limited, a Public Sector Undertaking (PSU), has underwritten the entire refinancing.

This refinancing underscores Azure Power's commitment to sustainable growth, reinforcing its ongoing contribution to India's renewable energy landscape.

About Azure Power

Azure Power develops, constructs, and operates renewable energy projects to provide innovative solutions to its customers’ needs. Since 2009, Azure Power has grown rapidly to become a leader in accelerating India’s energy transition. For more information about Azure Power, visit: www.azurepower.com

Forward-Looking Statements

This press release contains forward-looking statements. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “believes” and similar expressions are used to identify forward-looking statements. These statements are based on current expectations and beliefs and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements in this press release. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statements.

Contact Email:

pr@azurepower.com 

ir@azurepower.com

[shubhbank]

Apply For Loan Online for business expansion. Proven track record and solid plan. Ready for prompt processing.

[dpr-lahore-division]

With compliments from, the Directorate General of Public Relations,

Government of the Punjab, Lahore Ph. 99201390 

No.1004

HANDOUT (A)

CM Maryam Nawaz Sharif Apprises MPAs of Various Public Welfare Projects of Her Govt

Lahore, 19 September 2024:

“Establish PHA in every city to ensure its beautification,”Chief Minister Punjab Maryam Nawaz Sharif directed the authorities concerned while chairing a meeting of the Assembly Members from Sahiwal Division. She also directed them to restore traditional fairs (Melas) across Punjab, and said,”Administration in every city should encourage and facilitate the local fairs.”

Madam Chief Minister directed IG Police to establish Dolphin force in every city. She also directed the relevant authorities to operationalise cardiology block in Sahiwal as soon as possible, besides meeting the shortage of faculty in Sahiwal Medical College.

Chief Minister Maryam Nawaz Sharif sought a comprehensive plan for the promotion of religious tourism in Pakpattan, and directed the people responsible to complete the construction, repair and decoration of Baba Faridganj Shukar's shrine at the earliest. She also directed the authorities to improve law and order situation in Sahiwal Division.

Madam Chief Minister reviewed a plan for Archaeological Conservation and Tourist Facilitation in Harappa. She directed to set up Model Agri Malls in Sahiwal and Okara. She said,”We are curing the ills of last four to five years.” She added,”Everything is not perfect but it is improving fast.”

Chief Minister Maryam Nawaz Sharif said,”I confess under oath that until today no one has been appointed in the province on anybody’s recommendation.” She added,”Posting in Punjab is being done on merit.”

Madam Chief Minister said,”For the first time in Punjab, a new department is being formally created for the price control.” She added,”Price control committees are being reconstituted to control inflation.” She underscored,”i daily check on a live dashboard rates of food items.” She noted,”Inflation has come down for the first time, it did not happen by itself, rather it is because of our hectic efforts.”

Chief Minister Maryam Nawaz Sharif noted,”It was considered an unpopular decision not to buy wheat, but it has lowered the prices of flour and bread for the people.” She said,”Increase in wheat price does not benefit farmers, but it makes the bread expensive.” She added,”I am not after public appreciation, but trying to make such decisions that put minimum burden on people.” She highlighted,”I don't believe in government rates, bur check the ground facts myself.”

Madam Chief Minister said,”Punjab is the only province where bread is available for Rs 12, 13 and 14.” She added,”We are facing difficulty in making KPI-based score card for Deputy Commissioners.” She explained,”Deputy Commissioner KPI score card includes everything big and small meant for public ease and convenience.”

Chief Minister Maryam Nawaz Sharif highlighted,”Administration takes place in the field from 6, 7 am to late night.” She said,”09 lakh applications have been received for the issuance of Kisan cards.” She added,”The cards will be made active in a few days and a loan of up to Rs 1.5 lakh will be available for a farmer for one cropping season on the card.” She lamented,”Middlemen used to blackmail farmers, some farmers even lost their lives due to this torture.”

Madam Chief Minister said,”We are starting an agricultural graduate internship program to advise farmers on best farming practices.” She added,”We will increase number of houses in ‘Apni Chhat…Aapna Ghar Program’. We will give more than 05 lakh houses.” She flashed,”The first and biggest scheme to provide housing loan on just ownership documents and identity card is being introduced.”

Chief Minister Maryam Nawaz Sharif said,”I have prevented from increasing the monthly installment of ‘Apni Chhat... Apna Ghar Program’ from Rs 14,000.” She added,”Private hospitals and surgeons have been added to the children's heart surgery card.” She apprised the MPAs,”Rs 15,000 will be given after every four months to a deserving disabled on Himat Card.” She further briefed them,”Minority cards will also be issued for widows and poor minority brethren.”

Madam Chief Minister said,”Only Punjab is reducing transport fares due to falling oil prices.” She added,”600 roads are being restored across Punjab, the condition of roads in every city will change in a few months.” She noted,”There was no sanitation system in the whole of Punjab, but now the commissioners have been given a zero waste target.” She said,”They are picking up the dirt lying in streets even for the last 10 years.” She added,”Police officers have been instructed to go to mosques for the convenience of people.”

The visiting Assembly Members said,”Inflation is decreasing, Chief Minister Maryam Nawaz Sharif is doing a remarkable work.” They added,”Pakistan Muslim League (N) is a true sympathizer and benefactor of the farmers.” They noted,”For the first time, people's money is being spent on public projects, we appreciate the Chief Minister for bringing public welfare project to ensure ease and welfare of people.” They also thanked Madam Chief Minister for building roads of Sahiwal Division.

Senator Pervaiz Rashid, Senior Provincial Minister Marriyum Aurangzeb, Information & Culture Minister Azma Zahid Bukhari, SACM Zeeshan Malik and Members of the Provincial Assembly attended the meeting. Chief Secretary, IG Police, Chairman P&D, Commissioner Sahiwal Shoaib Iqbal Syed, RPO, DC and other relevant officers were also present.

*****

[sudheervanguri]

Bajaj Finserv, one of India’s leading financial services companies, is currently hiring Sales Apprentice Trainees for multiple locations across the country. If you are a recent graduate with 0-1 year of experience and are looking to build your career in sales, this is a great opportunity to work with a top-tier organization in the financial sector. With positions available in various departments such as Debt Management Services, Rural Two-Wheeler Loans, and Salaried Personal Loans, Bajaj Finserv is looking for enthusiastic and driven individuals who are ready to kickstart their careers in sales. Vacancy Information Role: Sales Apprentice Trainee (Debt Management Services, Two-Wheeler Loans, Lifestyle Finance, Salaried Personal Loans) Experience Required: 0-1 Year Job Type: Full-time, Apprentice Program Department: Sales, Collection, Rural Loans Location: PAN India (Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, and more) Departments and Locations Bajaj Finserv is hiring Sales Apprentice Trainees across various departments. Here’s a breakdown of the job roles and the locations: Debt Management Services (Call Centre) Locations: Madhya Pradesh, Gujarat, Maharashtra, Rajasthan Rural Two-Wheeler Loans Locations: Karnataka, Andhra Pradesh, Odisha, Bihar, Jharkhand RCD Two-Wheeler Loans Locations: Rajasthan, Uttar Pradesh, Punjab, Kerala, Madhya Pradesh Lifestyle Finance (Two-Wheeler Loans) Locations: Rajasthan, Uttar Pradesh, Punjab, Kerala, Madhya Pradesh Salaried Personal Loans (SALPL) Locations: Delhi, Bangalore, Mumbai, Pune, Hyderabad, Chennai, Kolkata, Ahmedabad [caption id="attachment_101618" align="aligncenter" width="930"] Bajaj Finserv Hiring Sales Apprentice Trainees Across India[/caption] Key Responsibilities As a Sales Apprentice Trainee, you will: Support Sales Operations: Assist in generating leads, explaining products, and converting potential customers into clients. Customer Interaction: Engage with customers to understand their financial needs and recommend suitable loan products. On-the-job Training: Receive training on various loan products including Two-Wheeler Loans and Personal Loans. Target Achievement: Work with senior sales professionals to meet and exceed set targets for loan disbursement and sales growth. Required Qualifications Education: Graduate in any discipline. Experience: 0-1 year of sales experience, particularly in the financial services sector, is preferred but freshers are welcome to apply. Skills: Strong communication, interpersonal skills, and a passion for sales. Locations: Willingness to work in any of the listed locations. How to Apply Interested candidates can apply online by visiting the following link: Apprentice Registration – Bajaj Finserv.

[aryacollegeofengineering]

How to get Education Loan for Higher Education in Rajasthan

Education Loan for Engineering

The cost of education is continuously increasing. If you want to pursue and course without a burden on your parents, or you are not capable to pay your higher education fees then you can apply for an education loan. If you want to take an education loan then you should complete your qualification process.

Some are the greatest Educational institutes of the nation are established in Jaipur, including ACEIT (Arya College of Engineering & IT best engineering college in Jaipur) and others. You can get an education loan through the State Bank of India, Punjab National Bank, Allahabad Bank, Bank of India, Oriental Bank of Commerce, Bank of Baroda, Syndicate Bank, Union Bank, Central Bank, and Rajasthan Gramin Bank.

If your profile is strong and clear then some private and government banks can give your loan at the minimal interest rate.

Localized Impact

With the exception of a few rural locations in Rajasthan due to their accessibility issues and other factors, most of the city's regions are eligible for education loans. Although some banks may restrict their service to an area around their headquarters, don't worry; you can easily get an education loan in Jaipur.

Coverage & Eligibility

Service

The costs covered by college loans include:

 Fees due to the school, college, or hostel.

 Laboratory, library, and exam expenses.

 Equipment, books, instruments, and uniform purchases.

 The purchase of a computer or laptop if necessary for the course to be completed.

 Travel and/or passage costs for international study.

 Eligibility requirements:

The borrower must be an Indian national.

Prior to disbursement, he or she must have obtained admission to the college.

 However, the bank alone has the last say over loan approval and distribution, and this right is entirely held for the bank.

Finance for Education in Jaipur

Arya College Jaipur and some other Engineering Colleges are established in Jaipur. To provide educational loans to incapable students, colleges make tie-ups with some banks. In Arya College, if you want to get an education loan then some banks are available for you like State Bank of India, Punjab National Bank, Bank of India, Allahabad Bank, Bank of Baroda, Union Bank of India, Oriental Bank of Commerce, Syndicate Bank, Central Bank, Rajasthan Gramin Bank, etc.

Source: Click Here

[jobustad]

Latest Finance Department Punjab Jobs in Lahore August 2024 Advertisement

Latest Finance Department Punjab Jobs in Lahore August 2024 has been announce through Latest advertisement The Finance Department has established a Public Financial Management Unit (PFMU) to implement and coordinate program activities. The Finance Department intends to apply part of the loan proceeds for hiring consulting services. The consulting services (“the Services”) include Individual…

[quickrashi123]

 Best Education loan for abroad

Are you looking for the best education loan for abroad in India to help you finance your studies abroad? It is difficult to choose which bank offers the best student loan for studying outside India. Quick Rashi helps you to provide best Education loans for students to borrow money to pay for higher education in India or abroad.

We realise how important your dream is to you, and you want to do all possible to make it come true.In this blog, we will tell you how to find the finest education loan in India for studying abroad. 

Quick Rashi the best Loan provider:-

For many students those who are looking for an easy process and terms when choosing an education loan. 

Here are some key factors to consider:

1. Loan Amount and Coverage: The loan should cover tuition, living expenses, travel, and other charges. Calculate the total expenses to determine the loan amount required.

2. Interest Rates: Interest rates can have a substantial impact on overall repayment amounts. Look for competitive rates and know if they are fixed or changeable.

3. Repayment conditions: Beneficial repayment conditions, such as post-graduation grace periods, flexible EMI options, and prepayment penalties, are essential.

4. Processing Time: Quick Rashi needs a loan with a quick approval process in order to gain admission and plan ahead of time.

5. Collateral Requirements: Consider if collateral is necessary and the consequences of providing it.

Here we have mentioned a table to help you understand the current rate of interest of Indian Banks.

Banks in India

Education Loan Interest Rate

State Bank of India Education Loan

6.70% onwards

Canara Bank Education Loan

7.30% to 9.30%

Punjab National Bank Education Loan

7.15% onwards

Bank of Baroda Education Loan

7.15% onwards

ICICI Bank Education Loan

10.50% onwards

Axis Bank Education Loan

13.70% to 15.20%

Kotak Mahindra Bank Education Loan

Up to 16.00%

HDFC Bank Education Loan

12.50%

Types of Education Loans for Studying Abroad:

Students in India can choose from various education loans to finance their studies abroad.There are 2 types of loans that are available for study abroad.

Education Loan Types:-

There are two main types of education loans in India.

Secured Education Loan- Banks ask for collateral at the time of offering secured student loans in India. It can be anything such as a fixed deposit, property, etc. Usually, banks offer secured study loans with lower interest rates compared to unsecured loans

Unsecured Education Loan- As you can understand by name, banks offer such loans without any collateral. This results in higher interest rates compared to secured loans.



Eligibility Criteria for Best Education Loan in India:-

The eligibility criteria for education loans vary from bank to bank. However, we have mentioned some generic eligibility criteria for student loans.

Profile of students, such as age, academic background, and nationality.

Course reputation or university selection.

Profile of Co-applicant such as financial stability and creditworthiness of the co-applicant (usually a parent or guardian).

List of Documents Required for Student Loan in India:-

Here is the list of required documents for student loans that students need to keep handy at the time of application.

Valid ID card approved by the government such as PAN/ Passport/ Driver’s License/ Voter ID card

Proof of Residence/ Address (either): Recent copy of utility bill

Income Proof of applicant or co-applicant

Valid Indian Passport

Academic Records

Entrance Exam Results IELTS. 

Proof of admission including the offer letter or admission letter from the university

Statement of cost of study/ Schedule of expenses

2 passport-size photographs

In the End:-

Having an education loan for study abroad can be a critical step toward achieving academic and professional goals. Quick Rashi can make an informed decision by first knowing her individual needs because we are the best education loan for abroad. Remember that the correct education loan not only gives financial assistance, but also lays the groundwork for a successful academic adventure abroad.