Saving for your child’s higher education is a financial priority that is likely to make a huge dent in your corpus if you don’t plan judiciously well ahead of time. Here are some dos and don’ts you need to follow before taking an education loan.
Your friendly neighbourhood caped crusader may be your idol but some of his problems are the same as yours. No savings, high rent, an education loan etc. Don’t believe us? YOU MAY ALSO WANT TO: Make sure you don’t need saving because of your Education Loan – Education Loan EMI Calculator
Just like your furry 4-pawed attention seeking cat, loans can be your friends too. What do they have in common? Just like your cat sulks right out of your reach when she doesn’t get her way, loans need to be handled correctly for them to work right for you. They are double-edged swords; if wielded… Read More »
When it comes to how education is viewed in the West and in India, the situation in the two regions is about as similar as hawk ‘n geese. (We didn’t say “chalk ‘n cheese” since Indians don’t like cheese much, do they?) So if the role of education in society is so dissimilar in India… Read More »
A recent press report said that Indian Overseas Bank (IOB) has reported an increase of 0.64 per cent in its net profit for the quarter ended September 30 at Rs 207.46 crore as against Rs 206.15 crore in the last year of same period. The bank’s total income for the quarter stood at Rs 4,822.56… Read More »
A recent press report said that State Bank of India has opened a recovery cum fishery loans awareness camp for fish farmers during the fish mela organised by Fishery Department at Hapta Kangjeibung. Reports said that the General Manager of the bank greeted the people of the State on the occasion of Ningol Chakkouba. State… Read More »
A recent press report said that State Bank of India has planned to offer pure gold coins as part of its festival offer. The state run bank said that it would offer pure gold of 999.9 fineness. These gold coins would be issued in the following denominations of 2 gm, 4 gm, 5 gm, 8… Read More »
A recent press report said that Andhra Pragathi Grameena Bank has planned to clock business of Rs. 10,300 crore during this fiscal, with deposits of Rs 5,000 crore. Mr. K. Preetam Lal, Chairman of the bank said that the bank hopes to close this year with a net profit of Rs 150 crore. According to… Read More »
Saurashtra Gramin Bank is a Regional Rural Bank, was established under RRB Act, 1976 & Three banks namely JRGB, JAGB & SBGB, new prompted by SBS (now SBI) since 1978. These three Banks were amalgamated into one Bank namely Saurashtra Gramin Bank as per the Government of India directives since 02/01/2006. The bank is actively… Read More »
A recent press report said that the regular payment of education loan will help students to maintain their credit profile. Normally, education loans repayment starts six to twelve months after the completion of the course or after gaining an employment whichever is earlier. The report further said that in case the family income from all… Read More »