Comparison of Education Loan Schemes from Punjab National Bank

In this post, let’s look at a few education loan products from Punjab National Bank. We will compare four education loan products from PNB. PNB Saraswati (For higher education in India) PNB Pratibha (For admission to premier institutes such as IITs/IIMs/AIIMS) PNB Udaan (For higher education abroad) PNB Kaushal (For pursuing vocational education and training)… Continue Reading

All You Need to Know about SBI Student Loan Scheme

Higher education is getting expensive every day. For many families, such education must be financed through an education loan. All the banks and NBFCs provide education loans. In this post, I will discuss a popular education loan scheme from the State Bank of India: SBI Student Loan Scheme. SBI Student Loan: Important Things to Know Eligibility:… Continue Reading

Self-Financing vs. Education Loan

You are planning to go for higher education. You got the admit letter from your favorite college. Everything is going smoothly. There is just one dilemma, whether you should finance the education from own funds or take an education loan. In this post, let’s look at some of the aspects that can help you make… Continue Reading

Tax Benefits on Education Loan

Higher education is getting expensive each year. Management education at any premier management institute in India will cost north of Rs 15 lacs for two years. And the high cost is not just limited to management education. Not everyone may have the resources to fund such education on own. Those who don’t have the resources,… Continue Reading

Focus on Your Financial Goals While Planning for Taxes

As the financial year draws to a close, the hustle for tax-saving products grows stronger. The human resources department of your company is after you for proofs of tax-saving investments.  Last quarter of the financial year is anyways quite hectic. You are already under so much work pressure. Amidst that you need to find time… Continue Reading

Which Loan Should You Prepay First?

You can check the impact of prepayments on your home loan using our Home Loan EMI Calculator. You recently landed up a hefty bonus. You have the financial wisdom of not splurging the entire bonus amount on expensive gadgets or a long vacation. You have earmarked a significant amount to prepay existing debt. But, there… Continue Reading