Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
An education loan finances higher studies in India or abroad, covering tuition, living costs, and related expenses, usually with a moratorium during the study period.
A loan to pay for college or university, where repayment usually starts after your course ends.
Moratorium period typically covers course duration plus 6–12 months; interest may accrue during moratorium, and Section 80E allows unlimited interest deduction for 8 years.
A student borrows ₹20 lakh for an overseas Master’s and starts EMI payments a year after graduating.
A loan to pay for college or university, where repayment usually starts after your course ends.
Education Loan helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.