Education Loans News

Companies

LeapFrog leads ₹279-crore funding round in education finance firm Auxilo

The South African-Australian investment firm infused $30 million into the company, with an additional $3-4 million coming in from existing investors Trifecta Leaders Fund-I and Xponentia Opportunities Fund-II. The capital infusion will help Auxilo expand its student lending portfolio.

2 min read15 Jul 2024
Money

Financing your path to success: All you need to know about education loans

Education loans bridge the gap between available funds and required amounts, covering essential fees and expenses for various courses. Banks offer up to 100% financing based on factors like course type and loan amount.

5 min read23 Apr 2024
Money

Considering a personal loan for higher education? Here are its advantages and disadvantages

Although utilising a personal loan for educational pursuits is feasible, it may not offer the most advantageous terms.

4 min read26 Mar 2024
Money

5 interesting facts that students seeking an education loan must know

In the fiscal year 2023, educational loans offered by NBFCs doubled, rising from Rs 13,000 crore in the previous year to over Rs 25,000 crore, bridging the gap between students and their academic aspirations.

3 min read3 Oct 2023
Money

How to overcome the cost of pursuing higher education abroad? Here are 6 tips

Before embarking on the journey of studying abroad, it is crucial to engage in thorough financial planning and research. In this article, we will explore various strategies and tips to bring down the costs associated with studying abroad.

3 min read9 Jul 2023
Money

Vadh on Netflix : This Neena Gupta and Sanjay Mishra-starrer has these 4 important money lessons for you

Vadh is a Netflix film starring Sanjay Mishra and Neena Gupta that tells the story of elderly parents who take loans to fund their son’s dreams, only to be let down. In the end, they bequeath their home to a young girl who brings joy to their lives.

4 min read10 Feb 2023
Money

Education loan insurance: From coverage to benefits — all questions answered

By purchasing loan insurance, you can be sure that the co-applicants won’t be responsible for repaying the whole amount of the education loan plus interest in the event of an unforeseen circumstance.

2 min read17 Nov 2022
Money

Foreign education: Make sure it doesn’t jeopardise your retirement planning

An education fund cannot be treated like the good old recurring deposit with a bank. You don’t issue a standing instruction and then forget about it. Read further to know more

4 min read8 Oct 2022

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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