Wednesday, April 13, 2011

Education Loans in India - For Undergraduate Post Graduate and MBA courses

Students in India are amongst the most intelligent and interested students, with over 70% of students attending Undergraduate colleges and among those another 30% attending courses such as MBA, Masters, Phd , M tech Etc..

Due to this huge demand for colleges, India has a huge number of colleges, but there is one problem.

A lot of Indian students want to study but they cannot as a lot of the population of India lies below the poverty line and hence cannot afford higher education, sometimes even lower education is not provided to talented and interested students which is plain Unfair.

So many banks around India are providing Education Loans for interested students at low interest rates so that once they get a good job they can repay it without much worry.

This initiative by the banks for providing Education loans is excellent and can only take India forward

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