education loan

Education loan vs Savings Fund: How to arrange funds for child’s higher education? Expert shares tips

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Education loan vs Savings Fund: How to arrange funds for child’s higher education? Expert shares tips

The increasing costs associated with children’s education have become a significant factor for many families when considering funding options. In the realm of funding higher education, individuals often face the decision between utilising parental savings or obtaining an educational loan. Opting for personal savings can alleviate the concern of repayment but may entail depleting the … Read more

I am thinking of taking a Rs 60 lakh loan to pursue my studies at the New York University. Upon graduation, the estimated ROI for my course will be $80k to $100k. Should I go ahead?

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I am thinking of taking a Rs 60 lakh loan to pursue my studies at the New York University. Upon graduation, the estimated ROI for my course will be k to 0k. Should I go ahead?

I am contemplating the idea of taking out a 60L loan to pursue my studies in the United States. I have been accepted into New York University for a bachelor’s degree in Computer Science, a program that is ranked 40th in the world. Upon graduation in 2029, the estimated return on investment for my major … Read more

Check out these 3 steps that can help you plan your study abroad

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Check out these 3 steps that can help you plan your study abroad

Planning your finances for international education is crucial for a successful study abroad experience. With rising costs and various funding options available, having a clear financial strategy can help you navigate expenses and avoid surprises. Here you will find a simple 3 step brief that can help you plan your study abroad journey well. Step … Read more

Income Tax 2024: More relief for salaried taxpayers this Budget, should you move to New Tax Regime?

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Income Tax 2024: More relief for salaried taxpayers this Budget, should you move to New Tax Regime?

Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday tabled the Union Budget 2024-25 in the Parliament on Tuesday, wherein she introduced some changes to the direct taxes.  FM Sitharaman made notable adjustments in the Income Tax Regulations to benefit the middle-class sector. One significant change is the 50% increase in the Standard Deduction, now … Read more

October 2023 records outstanding personal loans at Rs 45.51 lakh crore: Report

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October 2023 records outstanding personal loans at Rs 45.51 lakh crore: Report

As global economies grapple with exponential growth and development, India’s banking sector has seen a significant surge in credit operations. The destination of these funds, amounting to trillions of rupees, has now become a topic of interest and study. Where is the enormous volume of bank credits, specifically personal loans, absorbed in the country’s financial … Read more