Posts by Snigdha Mathur

Indian Bank Student Loan repayment process

Table of Contents Obtaining an education loan is a simple process; however, repaying it demands cautious planning. Upon finishing their schooling, students frequently find themselves concerned about settling their loans right away. Effectively repaying a student loan necessitates a mix of discipline, strategic planning, and financial acumen.  Smart repayment strategies permit students to minimize the […]

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Education Loan Disbursement Process in Indian Banks

Table of Contents Congratulations on securing your education loan for studying abroad! Now comes the exciting part – receiving the funds (loan disbursement). This final step of getting the disbursement letter to the bank unlocks the resources you need to kickstart your academic adventure. This blog provides a comprehensive explanation of the education loan disbursement […]

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Moratorium Period in India for Study Loan Options

Table of Contents A moratorium period in India is a designated timeframe during which a borrower is not required to make repayments towards the principal amount of a loan, although interest continues to accrue.  This temporary relief is typically offered to individuals facing financial difficulties, undergoing a career transition, or pursuing higher education. Financial institutions […]

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Education Loan Tax Benefit option (Section 80-E)

Table of Contents What is the tax benefit of an education loan? What is Section 80E of the Income Tax Act, 1961 Claiming Tax Benefits on Your Student Loan: Eligibility How to avail tax deductions under Section 80C? Education loan option tax exemption limit under Section 80E Is early repayment of an Education Loan option […]

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