Financing your higher studies personal loan vs educational loanRishiYadav71
Education Loan or Personal Loan?? Which one to take? And what is the difference between them? Mentioned below are the key differences between a Personal loan & Education loan.
Inceptia is pleased to share Student Loan Rehabilitation: A Win/Win for Borrowers and Schools. The article takes an in-depth look at the student loan rehabilitation process and provides sound advice on points you should consider before implementing a program at your school.
The document provides information and advice about smart student borrowing. It discusses why students borrow for college and things to consider when making borrowing decisions, such as career earnings and debt-to-income ratios. The document outlines the student loan process, including applying, promissory notes, disbursement, repayment options, and avoiding default. Resources for financial aid information and textbook purchasing are also listed.
Secured loans have lower interest rates than unsecured loans because collateral is pledged. Secured loans are more readily available and have lower chances of rejection since they are given against collateral. However, the loan amount that can be borrowed is higher for secured loans because it is calculated based on the value of the collateral. For unsecured loans, the interest rates vary depending on the loan amount and tenure. The loan tenure for unsecured loans can be short to medium, while for secured loans the tenure depends on the customer's requirements. The maximum loan amount is lower for unsecured loans as it depends on the borrower's credit score and monthly income.
The Next Generation Of Life Cycle Investment Products C F Aguest551311
The document discusses the future of life-cycle investment products and how they will be designed to better match consumers' needs. Technological advances will make customized products more affordable and accessible for average investors. Products will include features tailored for specific purposes like retirement, education savings, or healthcare costs. They will aim to guarantee achieving investment targets through contingent contracts rather than relying on mutual funds and time diversification alone.
Vector Wealth Management provides financial services and advice to help clients build strong financial futures, including advising on long-term care planning. Long-term care insurance can be an important asset protection and retirement planning strategy, as long-term care can be very expensive without insurance, but clients must fully understand how the policy fits their individual financial situation to avoid over-purchasing coverage. It is best to consider long-term care insurance before retirement as premiums increase with age and coverage may be denied, so clients should discuss their specific financial circumstances with an advisor to determine an appropriate level of coverage, if any, to protect their retirement plans.
This document provides an outline for a lesson plan on financial literacy and credit. The lesson will help students understand different types of credit, associated risks and responsibilities, and how to establish good credit. Key points that will be covered include defining credit, listing basic types of credit like credit cards and loans, describing risks like fees and interest, and ways to build credit history over time by paying bills on time. Assessment will include a credit basics exam. The goal is for students to gain knowledge on using credit responsibly and avoiding issues like debt or bankruptcy.
Financing your higher studies personal loan vs educational loanRishiYadav71
Education Loan or Personal Loan?? Which one to take? And what is the difference between them? Mentioned below are the key differences between a Personal loan & Education loan.
Inceptia is pleased to share Student Loan Rehabilitation: A Win/Win for Borrowers and Schools. The article takes an in-depth look at the student loan rehabilitation process and provides sound advice on points you should consider before implementing a program at your school.
The document provides information and advice about smart student borrowing. It discusses why students borrow for college and things to consider when making borrowing decisions, such as career earnings and debt-to-income ratios. The document outlines the student loan process, including applying, promissory notes, disbursement, repayment options, and avoiding default. Resources for financial aid information and textbook purchasing are also listed.
Secured loans have lower interest rates than unsecured loans because collateral is pledged. Secured loans are more readily available and have lower chances of rejection since they are given against collateral. However, the loan amount that can be borrowed is higher for secured loans because it is calculated based on the value of the collateral. For unsecured loans, the interest rates vary depending on the loan amount and tenure. The loan tenure for unsecured loans can be short to medium, while for secured loans the tenure depends on the customer's requirements. The maximum loan amount is lower for unsecured loans as it depends on the borrower's credit score and monthly income.
The Next Generation Of Life Cycle Investment Products C F Aguest551311
The document discusses the future of life-cycle investment products and how they will be designed to better match consumers' needs. Technological advances will make customized products more affordable and accessible for average investors. Products will include features tailored for specific purposes like retirement, education savings, or healthcare costs. They will aim to guarantee achieving investment targets through contingent contracts rather than relying on mutual funds and time diversification alone.
Vector Wealth Management provides financial services and advice to help clients build strong financial futures, including advising on long-term care planning. Long-term care insurance can be an important asset protection and retirement planning strategy, as long-term care can be very expensive without insurance, but clients must fully understand how the policy fits their individual financial situation to avoid over-purchasing coverage. It is best to consider long-term care insurance before retirement as premiums increase with age and coverage may be denied, so clients should discuss their specific financial circumstances with an advisor to determine an appropriate level of coverage, if any, to protect their retirement plans.
This document provides an outline for a lesson plan on financial literacy and credit. The lesson will help students understand different types of credit, associated risks and responsibilities, and how to establish good credit. Key points that will be covered include defining credit, listing basic types of credit like credit cards and loans, describing risks like fees and interest, and ways to build credit history over time by paying bills on time. Assessment will include a credit basics exam. The goal is for students to gain knowledge on using credit responsibly and avoiding issues like debt or bankruptcy.
Studying abroad can enhance one's career prospects but often involves unforeseen expenses. Taking out a study abroad loan can help students complete higher education despite financial constraints. Such loans offer flexible repayment options and low interest rates since students are unemployed. Co-applicants like parents or spouses are required to take responsibility for the loan. Lenders consider factors like academic performance, university reputation, and job placement opportunities when approving loans. Private lenders may offer 100% funding and customized loan solutions to help students afford higher education overseas. Students should carefully compare loan terms from multiple lenders to find the best option.
This document discusses student loan financing in Indonesia. It begins with an overview of loans and their role in funding higher education goals. It then covers the basics of loans, including principal, interest rates, tenure and types of fixed and variable rates. It notes that students pose a high risk for banks. The document reviews options for financing education and finds that most Indonesian students borrow from family due to a lack of alternatives. It proposes a crowdfunding model for Indonesia that could help students access education financing. In conclusion, it states that student loans are risky but emerging markets may develop better models than developed countries, and that solutions need to be tailored to each market.
Best Education Loans For Abroad Studies PPT.pptxabroadstudyloan
Introduction
For many students, taking out a loan for their education is the only way to finance their higher studies. But with so many different options available, it can be difficult to know which one is right for you. In this blog post, we'll explore the different types of education loans available and help you decide which one is best for your needs. We'll also provide some tips on how to manage your loan repayments and keep your debt under control.
What is an Education Loan?
An education loan is a sum of money borrowed from a financial institution to pay for educational expenses. It is also known as a student loan or a student financial aid.
The purpose of an education loan is to help students meet the costs of their higher education, such as tuition fees, books, and living expenses. Education loans are available from a variety of sources, including banks, credit unions, and private lenders.
Most education loans must be repaid with interest. The terms of repayment vary depending on the lender, but typically include a grace period after graduation during which repayment can be deferred.
Education loans are an important source of funding for many students, but they should be used responsibly. Borrowers should only borrow the amount they need and make sure they understand the terms of their loan before signing any paperwork.
Who Can Apply for an Education Loan?
Education loans are available for Indian citizens who wish to pursue higher education in India or abroad. The loan can be availed for full-time courses like regular/correspondence degree/diploma courses, post-graduate degree/diploma courses, executive management programs etc. Part-time courses like CAs, ICWAs, company secretaries etc. are also covered under education loans. Loans can also be availed for pursuing higher education through correspondence or distance learning provided the course is approved by AICTE/UGC/DEC/Government etc.
The main criteria for eligibility for an education loan are:
-The applicant should be an Indian citizen.
-For loans up to Rs 4 lakhs, the age limit is 35 years and for loans above Rs 4 lakhs, the age limit is 40 years.
-The applicant should have secured admission to a full time course in an institute which has been recognised by the government or any other statutory body.
-Courses offered by Open University or Distance Education institutions approved by DEC, UGC, AICTE etc are eligible under the scheme.
-Applicants should have a regular source of income to repay the loan amount within the specified period of time.
Types of Education Loans
There are two main types of education loans: federal and private.
Federal student loans are issued by the government and typically have lower interest rates than private student loans. They also may offer more flexible repayment terms. The four main types of federal student loans are Direct Subsidized Loans, Direct Unsubsidized Loans, PLUS Loans, and Perkins Loans.
Private student loans are issued by banks,
Taking an education loan for abroad studies is a difficult choice to make. This guide will tell you how an education loan can help, what’s the right amount to borrow, what types of loans are there, and much more. Read on!
This document provides information about student loan availability, repayment, and forgiveness programs. It discusses the various federal student loan programs including Direct Loans, Perkins Loans, Parent PLUS Loans, and Graduate PLUS Loans. It also outlines the different federal loan repayment plans and describes options for loan forgiveness such as programs for those who work in public service or volunteer positions. The document aims to help students and parents understand their financial aid and loan repayment options.
A complete guide of private student loan counseling for the college graduate!
Get the necessary information to pay off your student loans and move forward into the professional world.
Getting lower interest rates for your educational loanSnehaShah80
Most applicants choose to go for lenders that do not require them to provide any kind of collateral. Since lenders want them to take a loan, it is not difficult for applicants to get unsecured loans. But if you are okay with the thought of providing collateral you could get a lot of benefits.
This document discusses education loans that can provide quick funds to meet educational expenses. It notes that education is now expensive and loans can help provide additional cash for higher education. Both secured and unsecured education loans are available, with the secured version requiring collateral and the unsecured not. The loans can be used to pay fees, buy books or laptops. To qualify, an applicant must be a UK citizen enrolled in a verified UK institution and have a bank account. The loan amount and repayment terms are flexible, allowing repayment after studies. Even those with poor credit can apply as no credit check is performed. The online application process is simple with minimal paperwork.
Need an education loan to fund your abroad studies? Avanse provides education loan for students planning for their higher studies abroad. To know more visit : http://www.avanse.com/studying-abroad/
Unlocking Opportunities Education Loan for Study Abroad.pdfIrish expert
An education loan for study abroad and a student loan for study abroad are specialized financial tools designed to support students pursuing higher education in foreign countries. With features like competitive interest rates and flexible repayment terms, these loans cover various expenses, including tuition, accommodation, and living costs. Beyond financial assistance, successfully managing these loans can positively impact credit history. The streamlined application process and comprehensive coverage make education loan for study abroad and student loan for study abroad accessible, empowering students to turn their global academic aspirations into reality.
How To Get an Education Loan Without Collateral For Studying Abroad | GyanDhanYogender Panchal
Get education loan without collateral. GyanDhan offers education loan without collateral for abroad studies. Find more about the benefits of our Banking & Non-Banking financial partners. Checkout here!!
A detailed guide about the education loan from NBFCs. What are NBFCs?, their examples and features,advantages and disadvantages of borrowing from NBFCs and a lot more valuable information.
This document provides an overview of education loans in India. It defines education loans and outlines their purpose of helping students pay for higher education costs. It discusses eligibility criteria, documents required, expenses covered, loan amounts and interest rates. It also analyzes trends in education loan disbursal and non-performing assets. Key factors to consider when choosing an education loan like interest rates, repayment periods and security requirements are also summarized. The conclusion emphasizes the importance of education loans while advising students to carefully compare loan options.
College loans no cosigner helps to provide the financial aid to the person finding hard to continue the higher degree because of monetary shortage issues.
This document discusses an optional student loan protection insurance that can be added to a disability income insurance policy. It protects one's ability to make student loan payments if they become totally disabled. Some key details include:
- It provides up to $2,000 per month of additional coverage above normal income replacement limits to help cover student loan obligations.
- The coverage can be tailored from $500-2000 per month depending on loan amounts.
- It costs as little as $5 per month to add this protection to a disability income policy.
5 faqs related to an education infrastructure loanRaveenaroy2
For a country to prosper and develop, it is imperative that it has good educational institutes. Individuals looking to create such institutes may often face one obstacle when going ahead with their dream
Study loan : Some Frequently Asked Questions About Education Loan In IndiaRahul Singh
People often have few doubts before or after taking education loan| study loan in India. Here are answers to some common questions that people have with regard to student loan. To know More Visit : http://www.avanse.com/avanse-education-loans/
How To Get Student Loan, How To Get Student Loans At Low Interest, How To Get Student Loans From Banks, How To Get Student Loans In Canada,Search for and compare numerous student loan options without a cosigner for international students studying or planning to study at a US university, Visit:-http://www.howstudentloan.com/
Studying abroad can enhance one's career prospects but often involves unforeseen expenses. Taking out a study abroad loan can help students complete higher education despite financial constraints. Such loans offer flexible repayment options and low interest rates since students are unemployed. Co-applicants like parents or spouses are required to take responsibility for the loan. Lenders consider factors like academic performance, university reputation, and job placement opportunities when approving loans. Private lenders may offer 100% funding and customized loan solutions to help students afford higher education overseas. Students should carefully compare loan terms from multiple lenders to find the best option.
This document discusses student loan financing in Indonesia. It begins with an overview of loans and their role in funding higher education goals. It then covers the basics of loans, including principal, interest rates, tenure and types of fixed and variable rates. It notes that students pose a high risk for banks. The document reviews options for financing education and finds that most Indonesian students borrow from family due to a lack of alternatives. It proposes a crowdfunding model for Indonesia that could help students access education financing. In conclusion, it states that student loans are risky but emerging markets may develop better models than developed countries, and that solutions need to be tailored to each market.
Best Education Loans For Abroad Studies PPT.pptxabroadstudyloan
Introduction
For many students, taking out a loan for their education is the only way to finance their higher studies. But with so many different options available, it can be difficult to know which one is right for you. In this blog post, we'll explore the different types of education loans available and help you decide which one is best for your needs. We'll also provide some tips on how to manage your loan repayments and keep your debt under control.
What is an Education Loan?
An education loan is a sum of money borrowed from a financial institution to pay for educational expenses. It is also known as a student loan or a student financial aid.
The purpose of an education loan is to help students meet the costs of their higher education, such as tuition fees, books, and living expenses. Education loans are available from a variety of sources, including banks, credit unions, and private lenders.
Most education loans must be repaid with interest. The terms of repayment vary depending on the lender, but typically include a grace period after graduation during which repayment can be deferred.
Education loans are an important source of funding for many students, but they should be used responsibly. Borrowers should only borrow the amount they need and make sure they understand the terms of their loan before signing any paperwork.
Who Can Apply for an Education Loan?
Education loans are available for Indian citizens who wish to pursue higher education in India or abroad. The loan can be availed for full-time courses like regular/correspondence degree/diploma courses, post-graduate degree/diploma courses, executive management programs etc. Part-time courses like CAs, ICWAs, company secretaries etc. are also covered under education loans. Loans can also be availed for pursuing higher education through correspondence or distance learning provided the course is approved by AICTE/UGC/DEC/Government etc.
The main criteria for eligibility for an education loan are:
-The applicant should be an Indian citizen.
-For loans up to Rs 4 lakhs, the age limit is 35 years and for loans above Rs 4 lakhs, the age limit is 40 years.
-The applicant should have secured admission to a full time course in an institute which has been recognised by the government or any other statutory body.
-Courses offered by Open University or Distance Education institutions approved by DEC, UGC, AICTE etc are eligible under the scheme.
-Applicants should have a regular source of income to repay the loan amount within the specified period of time.
Types of Education Loans
There are two main types of education loans: federal and private.
Federal student loans are issued by the government and typically have lower interest rates than private student loans. They also may offer more flexible repayment terms. The four main types of federal student loans are Direct Subsidized Loans, Direct Unsubsidized Loans, PLUS Loans, and Perkins Loans.
Private student loans are issued by banks,
Taking an education loan for abroad studies is a difficult choice to make. This guide will tell you how an education loan can help, what’s the right amount to borrow, what types of loans are there, and much more. Read on!
This document provides information about student loan availability, repayment, and forgiveness programs. It discusses the various federal student loan programs including Direct Loans, Perkins Loans, Parent PLUS Loans, and Graduate PLUS Loans. It also outlines the different federal loan repayment plans and describes options for loan forgiveness such as programs for those who work in public service or volunteer positions. The document aims to help students and parents understand their financial aid and loan repayment options.
A complete guide of private student loan counseling for the college graduate!
Get the necessary information to pay off your student loans and move forward into the professional world.
Getting lower interest rates for your educational loanSnehaShah80
Most applicants choose to go for lenders that do not require them to provide any kind of collateral. Since lenders want them to take a loan, it is not difficult for applicants to get unsecured loans. But if you are okay with the thought of providing collateral you could get a lot of benefits.
This document discusses education loans that can provide quick funds to meet educational expenses. It notes that education is now expensive and loans can help provide additional cash for higher education. Both secured and unsecured education loans are available, with the secured version requiring collateral and the unsecured not. The loans can be used to pay fees, buy books or laptops. To qualify, an applicant must be a UK citizen enrolled in a verified UK institution and have a bank account. The loan amount and repayment terms are flexible, allowing repayment after studies. Even those with poor credit can apply as no credit check is performed. The online application process is simple with minimal paperwork.
Need an education loan to fund your abroad studies? Avanse provides education loan for students planning for their higher studies abroad. To know more visit : http://www.avanse.com/studying-abroad/
Unlocking Opportunities Education Loan for Study Abroad.pdfIrish expert
An education loan for study abroad and a student loan for study abroad are specialized financial tools designed to support students pursuing higher education in foreign countries. With features like competitive interest rates and flexible repayment terms, these loans cover various expenses, including tuition, accommodation, and living costs. Beyond financial assistance, successfully managing these loans can positively impact credit history. The streamlined application process and comprehensive coverage make education loan for study abroad and student loan for study abroad accessible, empowering students to turn their global academic aspirations into reality.
How To Get an Education Loan Without Collateral For Studying Abroad | GyanDhanYogender Panchal
Get education loan without collateral. GyanDhan offers education loan without collateral for abroad studies. Find more about the benefits of our Banking & Non-Banking financial partners. Checkout here!!
A detailed guide about the education loan from NBFCs. What are NBFCs?, their examples and features,advantages and disadvantages of borrowing from NBFCs and a lot more valuable information.
This document provides an overview of education loans in India. It defines education loans and outlines their purpose of helping students pay for higher education costs. It discusses eligibility criteria, documents required, expenses covered, loan amounts and interest rates. It also analyzes trends in education loan disbursal and non-performing assets. Key factors to consider when choosing an education loan like interest rates, repayment periods and security requirements are also summarized. The conclusion emphasizes the importance of education loans while advising students to carefully compare loan options.
College loans no cosigner helps to provide the financial aid to the person finding hard to continue the higher degree because of monetary shortage issues.
This document discusses an optional student loan protection insurance that can be added to a disability income insurance policy. It protects one's ability to make student loan payments if they become totally disabled. Some key details include:
- It provides up to $2,000 per month of additional coverage above normal income replacement limits to help cover student loan obligations.
- The coverage can be tailored from $500-2000 per month depending on loan amounts.
- It costs as little as $5 per month to add this protection to a disability income policy.
5 faqs related to an education infrastructure loanRaveenaroy2
For a country to prosper and develop, it is imperative that it has good educational institutes. Individuals looking to create such institutes may often face one obstacle when going ahead with their dream
Study loan : Some Frequently Asked Questions About Education Loan In IndiaRahul Singh
People often have few doubts before or after taking education loan| study loan in India. Here are answers to some common questions that people have with regard to student loan. To know More Visit : http://www.avanse.com/avanse-education-loans/
How To Get Student Loan, How To Get Student Loans At Low Interest, How To Get Student Loans From Banks, How To Get Student Loans In Canada,Search for and compare numerous student loan options without a cosigner for international students studying or planning to study at a US university, Visit:-http://www.howstudentloan.com/
Similar to Faqs about secured overseas education loans (20)
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(A Free eBook comprising 3 Sets of Presentation of a selection of Puzzles, Brain Teasers and Thinking Problems to exercise both the mind and the Right and Left Brain. To help keep the mind and brain fit and healthy. Good for both the young and old alike.
Answers are given for all the puzzles and problems.)
With Metta,
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These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
This presentation was provided by Racquel Jemison, Ph.D., Christina MacLaughlin, Ph.D., and Paulomi Majumder. Ph.D., all of the American Chemical Society, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
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Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
How to Manage Reception Report in Odoo 17Celine George
A business may deal with both sales and purchases occasionally. They buy things from vendors and then sell them to their customers. Such dealings can be confusing at times. Because multiple clients may inquire about the same product at the same time, after purchasing those products, customers must be assigned to them. Odoo has a tool called Reception Report that can be used to complete this assignment. By enabling this, a reception report comes automatically after confirming a receipt, from which we can assign products to orders.
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The recent surge in pro-Palestine student activism has prompted significant responses from universities, ranging from negotiations and divestment commitments to increased transparency about investments in companies supporting the war on Gaza. This activism has led to the cessation of student encampments but also highlighted the substantial sacrifices made by students, including academic disruptions and personal risks. The primary drivers of these protests are poor university administration, lack of transparency, and inadequate communication between officials and students. This study examines the profound emotional, psychological, and professional impacts on students engaged in pro-Palestine protests, focusing on Generation Z's (Gen-Z) activism dynamics. This paper explores the significant sacrifices made by these students and even the professors supporting the pro-Palestine movement, with a focus on recent global movements. Through an in-depth analysis of printed and electronic media, the study examines the impacts of these sacrifices on the academic and personal lives of those involved. The paper highlights examples from various universities, demonstrating student activism's long-term and short-term effects, including disciplinary actions, social backlash, and career implications. The researchers also explore the broader implications of student sacrifices. The findings reveal that these sacrifices are driven by a profound commitment to justice and human rights, and are influenced by the increasing availability of information, peer interactions, and personal convictions. The study also discusses the broader implications of this activism, comparing it to historical precedents and assessing its potential to influence policy and public opinion. The emotional and psychological toll on student activists is significant, but their sense of purpose and community support mitigates some of these challenges. However, the researchers call for acknowledging the broader Impact of these sacrifices on the future global movement of FreePalestine.
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تتميز هذهِ الملزمة بعِدة مُميزات :
1- مُترجمة ترجمة تُناسب جميع المستويات
2- تحتوي على 78 رسم توضيحي لكل كلمة موجودة بالملزمة (لكل كلمة !!!!)
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واخيراً هذهِ الملزمة حلالٌ عليكم وإتمنى منكم إن تدعولي بالخير والصحة والعافية فقط
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2. An insight about secured overseas education
loan is given as many countries prefer secured
loan as compared to unsecured loan. Again, it
all depends upon the type of course, the
duration of course, University and country.
3. Any one of the following assists must be
the collateral:
Moveable Collateral – Fixed Deposit,
LIC Policies, Govt. Bonds, Postal
deposits etc.
Immoveable Collateral – Independent
house, apartment, a bungalow, shop or
open plot.
Types of Collateral
that can be offered?
4. CREDITS: This presentation template was created by
Slidesgo, including icons by Flaticon, and
infographics & images by Freepik.
Why collateral is
required when my co-
borrower has a very
good income?
The risk involved in the credit is mitigated by the
Collateral. The future of the student is not
forecasted as the students has not started
earning yet, hence the collateral. The
collateral enables the students to get a
better interest rates on overseas education
loan, thus it entirely depends on the
students and parents to show the required
collateral.
5. What if a student has
no support system or
surety?
As explained earlier, we do give weightage
to the student's past academic track
record, entrance test scores, future
school, institute, university's reputation
and employability.
6. No, you cannot take loan against
the same property in a
different bank. But there are 2
options available. You can either transfer the existing
loan to the new desired bank
and also apply for education
loan
Or else you can take up a Top Up
Loan in the existing bank itself.
My collateral is mortgaged with another bank and
is of a high value. Can I give the same property as
collateral?