IDFC FIRST Bank
If you have, an education loan can fund your studies. Here’s how!
An education loan covers the cost of higher education both in India and abroad. You can access the loan to fund the course selected.
Education loans have affordable interest rates and allow a flexible repayment tenure so that you can repay the debt without any financial strain.
You can avail of unsecured education loans which do not require any collateral. The funds are sanctioned basis your eligibility criteria.
Education loans cover a wide range of study-related expenses like tuition, accommodation, travel, study material like laptop, books, etc.
You can also get a tax deduction on the interest paid for the loan under Section 80E. This helps you lower your tax liability and save taxes.