EDUCATION/TRAVEL LOANS

Education/Travel loans are financial products designed to help students and families cover the costs associated with higher education and/or travel.

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Education/Travel Loans: What are they?

Education/Travel loans are financial products designed to help students and families cover the costs associated with higher education and/or travel. These loans can be used to pay for tuition fees, textbooks, accommodation, other educational expenses, and travel costs. Education/Travel loans are available for undergraduate, postgraduate, and professional studies, both domestically and internationally.

How Education/Travel loans work?

  • Target Audience: Students, parents, guardians or tourists.
  • Purpose: To cover tuition fees, educational materials, and other school-related expenses and travel expenses.
  • Loan Amount: Based on tuition and associated costs; may cover partial or full tuition.
  • Tenor: Low to moderate, often with favourable terms for students.
  • Interest Rates and Fees: Low to moderate, often with favourable terms for students.
  • Collateral: Typically unsecured; may require a co-signer or guarantor.
  • Documentation: Admission letter, identification, and possibly a co-signers or parent’s details.

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