Eligibility Criteria For Education Loan

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All to Know About Vidyalakshmi Loan Education
Loan
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About Vidyalakshmi scheme

• In 2015, the Government of India had launched the
  Vidyalakshmi Scheme to support students for their
  educational progress.
• This initiative provides financial assistance to
  the eligible persons for their educational
  progress. To avail the benefits of this scheme
  you need to be a student, aged within 24 years.
  This scheme offers subsidized education loans to
  aid students to meet their educational expenses.

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The registration process is as follows

• Step 1 Visit Vidhyalakshmi official website
• Step 2 Enter personal and educational details.
• Step 3 Get the Vidhyalakshmi link on the
  registered email ID.
• Step 4 Click on the provided link to be
  registered to the portal.
• Step 5 Submit all login details and opt for the
  most suitable loan terms.
• Step 6 Fill up CELAF and research for the best
  education loan provider.
• Step 7 Continue checking for your application
  approval.

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Education loan against property
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Pursuing higher-studies can become expensive.
Many lenders offer customized loans to meet
educational expenses. Among such schemes, you can
consider availing an education loan against
property.
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5 things to know before applying for education
Loan

• Factor I Check Your Credit Score Before Applying
• Factor II Learn About the Rate of Interest
• Factor III Estimate Your Needs Plan Your
  Repayment Before Applying
• Factor IV Choose a Lender After Thorough
  Comparison
• Factor V Keep a Tab on the Tax Benefits

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Education loan on property or Loan against
Property for Education is a secured loan offered
by Bajaj Finserv. You can avail this loan by
mortgaging your property to fund your childs
educational expenses in India or abroad.
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