Understand the complete process of applying for an education loan, from eligibility to disbursement. Learn key steps, required documents, and repayment strategies.

In the interim, interest is applied as simple interest on the loan outstanding. You may look at paying part of the interest during the course period.' ...

Education loans in India aren’t just a tool for funding higher studies—they’re a smart way to save big on taxes. Under Section 80E, borrowers can claim unlimited deductions on interest paid ...

According to the Directions, the applicability or otherwise of pre-payment charges will be clearly disclosed in the sanction letter and loan agreement.

He alleged HDFC Bank misrepresented the bonds as low-risk, provided a loan sanction letter without his request, manipulated his investor profile, and enticed him into investing in high-risk ...

The RBI has further stated that pre-payment charges, if any, in cases not covered under these rules, must be clearly mentioned in the loan sanction letter and loan agreement.

The Reserve Bank of India (RBI) has issued the Prepayment Charges on Loans Directions, 2025 on July 2, 2025. These will come into effect for all loans sanctioned or renewed on or after January 1, 2026 ...

An education loan helps students pay for their studies, which includes tuition, accommodation, travel, exam fees, and even study materials. In India, to be eligible for a student loan, you must: ...

B.C. Ferries has secured a $1 billion loan by a federal Crown corporation to help obtain four Chinese-made ships, a purchase that federal Transport Minister Chrystia Freeland recently said should ...

Enforcement Directorate conducts searches in Delhi-NCR and Punjab in ₹988 crore bank loan fraud case linked to SCTL.

Consequently, overall education loan disbursements were up only 8% in fiscal 2025, compared to 50% in fiscal 2024, she said. To offset these headwinds, non-banks have sharpened focus on other ...