Germany is a lucrative option for higher studies. When it comes to Indian students, Germany was the 8th most popular destination in 2022 according to a report by the Indian Ministry of External Affairs.    Country Number of students United States (U.S.) 465791 Canada 183310 United Arab Emirates (UAE) 164000 Australia 100009 Saudi Arabia 65800 […]

Yes Bank is one of the most recognized names in the Indian banking space. Like all top banks, it offers attractive education loan products for students who wish to study abroad.  If you are looking for an education loan from Yes Bank, this guide has all the information you need.  In this article, we will […]

With tuition fees averaging between C$20,000 and C$30,000 per year, Canada offers a more cost-effective study abroad option for students, compared to the USA, UK, and Australia.    But even with those lower costs, studying abroad can be expensive. You’ll need money for rent, food, textbooks, and everyday living expenses.    And if there is […]

Education comes at a cost. And when you are planning to pursue education abroad, the cost can run to the tune of ₹ 50 lakhs or more per annum. While funding for your education abroad can be managed in several ways, the most common option people choose is to get an education loan. It not […]

Pursuing higher education dreams often comes with a significant financial burden. However, the Indian government recognizes the importance of education and offers valuable tax benefits to ease this burden.   This article explains the Section 80E education loan deduction available to students pursuing higher education abroad or in India.  What is an 80E education loan […]

In times when education abroad continues to be prohibitively expensive, students depend on education loans more than ever.   Bank of Baroda enjoys a strong reputation as one of the top banks in India. The bank offers–among other products–education loans to students who want to study abroad. In this guide, we discuss aspects like eligibility, application […]

Financing your studies abroad requires careful planning, and understanding your loan repayments is crucial for it. This article equips you with the knowledge and tools to navigate this aspect effectively, including an education loan calculator you can use to compare different scenarios based on changing variables like loan term, rate of interest, etc.   What […]

Your primer on education loans for study abroad Because of the exponentially rising cost of higher education and unpredictable currency fluctuations, most Indian students going abroad are compelled to take an education loan to fund their degree and living costs. But finding affordable education loans for study abroad has proven difficult for them. In the […]

Take a look at the following graph. It shows the number of graduate students in the U.S., by country of origin. By far, the most populous are Indians. The story is the same in any other popular destination for students: UK, Australia, Ireland.  Source: Statista Given the high cost of studying in the U.S., many […]

In 2024, the education loan market in India is continuing to evolve and grow rapidly.  This chart explains why. After the slump in 2021 (due to COVID-19 induced lockdown), the number of Indian students going abroad for their education has soared massively. Source Why does this matter? Well, for starters, this partly explains why so […]