What are the benefits of taking an education loan?
Asked by Aashi Tiwari
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1 Answer
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Here are some of the benefits of taking an education loan:
- Technical benefits: These include section 80E tax benefits, long-term moratorium, flexible payback options, etc.
- Other benefits: Tuition, living costs, textbooks, and other educational costs are all covered by education loans. Without immediate financial strains, they can assist students in pursuing their selected courses and degrees. By taking out an education loan, students can become financially independent and assume responsibility for their own educational costs.
To achieve a positive borrowing experience, it is advised to carefully investigate loan possibilities, c
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