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Financing your dream career, without burdening your parents with your education expenses |
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These loans are specifically structured to provide finance for studies at different levels within India as well as outside India for various courses |
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Some banks provide such loans as personal loans without security at a higher interest rate |
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These loans are available for under graduate as well as postgraduate courses generally in professional, technical and vocational fields |
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Undergraduate courses like schooling |
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Certificate, Graduate courses and Design courses |
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Post graduate courses in engineering, medical, management and others |
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Diploma courses in engineering |
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Every lender has its own approved list of courses and institutions for which it provides loans like Management courses from IIM’s |
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There are certain computer courses for which you could get a loan |
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These institutes have a tie ups with the bank eg. NIIT has a tie up with Citibank for which loans are available to fund the course |
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| Generally the loan amount covers the: |
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Course fees |
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Cost of books and instruments |
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Hostel accommodation |
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Equipment charges |
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In case of studies abroad then, one way traveling fare is covered |
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Examination fees |
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Any other charges payable to the institution |
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