Education Load

An education loan in India is a smart and flexible solution to manage the cost of higher studies. A student loan helps cover major academic expenses such as tuition fees, hostel and accommodation charges, daily living costs, laboratory and library fees, books, laptops or devices, examination fees, insurance, and other study-related needs. Instead of using up personal savings, an education loan allows you to manage expenses gradually, making repayment easier once you begin your professional journey. In most cases, lenders transfer the fees directly to the educational institution in scheduled installments, ensuring timely payments. Repayment generally starts after a moratorium period, which includes the course duration along with an additional three to six months.