New Delhi, March 28 -- In India, education loans are tailored financial products aimed at aiding students and their families in funding the expenses associated with higher education. These loans, offered by banks, financial institutions, and non-banking financial companies (NBFCs), extend support to students pursuing various courses, both domestically and internationally. Covering a spectrum of educational costs such as tuition fees, accommodation, books, travel, and related expenses, education loans come with diverse features and benefits.

Common Features and Benefits of Education Loans

1. Loan Coverage: * Encompasses a wide array of expenses, including tuition fees, examination fees, library fees, accommodation, travel, and related cost...