One will always face an obstacle in moving towards their far ahead goals. Especially, if your dream does not fall under the basic social standards. Man has the tendency to look down upon those who do not define their definition of the natural. And therefore, things get pretty tough when your ideas are different and out of the box. They take time to adapt to the changes. And sadly, the different person has to struggle until the change is accepted. The same goes while opting for a career. If one happens to choose a career opportunity, oddly different from the usual standards, the struggle to achieving the dream becomes extremely difficult. And the main obstacle that stands in the way is finance.
Do banks and other financial institutions provide education loans for up-skill courses?
For a long time, we assumed up-skill courses are mere add-ons to our resume, but we fail to realize they can pave out a great path for growth in career. General Banks and financial institutions provide education loans for various courses. The Education Loan Rate of Interest in India is close to an average of 11%. The Education Loan Rate in general banks is not too high but is not low as well. But the thing which is the matter of concern is that government banks or government-aided private institutions do not provide education loans on courses of upskilling. They only provide education loans to students of general mainstream courses.
Education loan for up-skill courses:
EduVanz is a finance company established in 2016, which provides education loans to students at a low Education Loan Interest Rate. EduVanz offers financial aid in the form of a loan at a low Education Loan Rate of Interest to students who are pursuing up-skill courses. Unlike other usual banks that provide education loans after a big hassle of the procedure and that too the loans are issued after a huge gap as your loan application takes time to come approved along with the pyramid of hierarchy. But at EduVanz, Education Loan Percentage is low and is issued at the earliest possible without the hassle of providing a bunch of documents and even without actually visiting the concerned office. You can complete the whole procedure sitting on your couch, online. EduVanz provides education loans for pursuing up-skill courses from colleges they collaborated with.
Procedure for education loan in EduVanz:
Unlike general banks and other traditional financial institutions that have almost similar Education Loan Interest Rates in India, Eduvanz provides education loans at a relatively low Education Loan Interest Rate. Applying for education loan is simple and easy and involves the following steps:
- Choose: Opt for your desired institution and the course you wish to pursue from the list of institutions that has collaboration with Eduvanz and the courses, Eduvanz provide loan for.
- Apply: After the selection of your course and institution, apply for your education loan in Eduvanz online. Provide and verify your details and documents online as required.
- Approval: Eduvanz has the facility of instant loan approval and instant support from their loan advisors.
- Learn and repay: After the disbursal of loan to your desired institute, you are expected to repay the amount in flexible EMIs.