Overseas Education Loan an Overview

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Overseas Education Loan an Overview
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Eligibility to avail Study Abroad Loan

• Factors of Suitability for Education Loans
• Applicants Age
• For non-employed personnel - 35 years
• For working employees - 45 years

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Who is eligible?

• Indian Nationals who have obtained admission in
  institutions or universities for varied programs
• Higher education aspirants
• Having good history of qualification and those
  intending to procure higher professional
  qualifications
• Permanent employees of Indian located
  organisations more than 3 years

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Expenses Funded by Bank

• Admission fees
• Monthly Fees
• Examination Fees
• Books, Stationery and Equipments
• Airfare
• Purchase of study materials
• Accommodation (depends on the bank)

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Repayment Frequency

• Monthly if the borrower of education loan for
  higher studies abroad opts to pay for Simple
  Interest
• EMI after the moratorium period which typically
  starts 1 year after completing the program or six
  months after securing a job, whichever is earlier

Repayment Period

• Varies from 7 to 15 years

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Contact Us
Visit here www.elanloans.com Address
'Krishna', Plot No.10/2, I.T. Park, Opp. V.N.I.T,
Behind Infotech Tower, Parsodi, Nagpur,
Maharashtra, India-440022 Contact No.
7447757842 Email Id info_at_elanloans.com