{"id":8579,"date":"2018-07-03T19:02:34","date_gmt":"2018-07-03T13:32:34","guid":{"rendered":"https:\/\/www.antworksmoney.com\/blog\/?page_id=8579"},"modified":"2018-07-03T19:02:34","modified_gmt":"2018-07-03T13:32:34","slug":"mumbai-education-loan","status":"publish","type":"page","link":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/","title":{"rendered":"Mumbai Education Loan"},"content":{"rendered":"<ol>\n<li><strong>What are the courses in India for which education loans are available?<\/strong>Any of the following courses, as offered by recognized universities, is eligible for an education loan in India-\n<ul>\n<li>Professional courses including Engineering and Medicine<\/li>\n<li>Management courses (both full time and part time)<\/li>\n<li>ICWA, CA, CFA etc.<\/li>\n<li>Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID etc.<\/li>\n<li>B.A\/B.Com\/M.A\/M.Com\/MCA\/MCM etc.<\/li>\n<li>Architecture, Agriculture studies, Fine Arts and Designing etc.<\/li>\n<li>Hotel and Hospitality.<\/li>\n<li>Courses such as SAP , ERP , GNIIT , Air Hostess Training programmes etc.<\/li>\n<li>Distance learning programs and online certifications.<\/li>\n<li>Degree\/Diploma courses like Aeronautical, pilot training, shipping, etc.,<\/li>\n<li>Aircraft Maintenance Engg, Pre-Sea Training courses and the like.<\/li>\n<li>Nursing and Para Medical courses (includes admission via management quota).<\/li>\n<li>Courses offered by reputed institutes that assure employment and are Govt. certified.<\/li>\n<li>Courses offered in India by reputed and certified foreign universities.<\/li>\n<li>All courses listed here- www.ugc.ac.in , www.education.nic.in and www.aicte-india.org<\/li>\n<\/ul>\n<\/li>\n<li><strong>What is the age restrictions for subscribing to an education loan?<\/strong>Generally, there are no restrictions. Most banks and financial institutions do not impose this rule. However, certain lenders do mark an age limit spanning from 16-35 years.<\/li>\n<li><strong>Aside from the fee payable to the school\/college, what other expenses are covered by the loan?<\/strong>\n<ul>\n<li>Towards the purchase of books, uniforms, equipment and instruments.<\/li>\n<li>Purchase of computers\/laptops, if deemed necessary for the completion of the course.<\/li>\n<li>Fees paid for Exams, Library, Laboratories, Hostel, etc.<\/li>\n<li>Building fund, Caution deposit, Refundable deposit (must be supported by receipts\/bills).<\/li>\n<li>Costs incurred in travel, for studies abroad.<\/li>\n<li>Additional costs that are required to successfully complete the course, including but not limited to, Study tours, Thesis work, Projects, etc.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Does taking an education loan entitle me to any tax benefits?<\/strong>Not immediately. However, after you start repaying, you are free to deduct the loan interest amount from your total income when calculating tax.<\/li>\n<li><strong>How does the bank track my educational progress through the course period?<\/strong>The applicant is expected (and mandated) to submit his\/her progress reports periodically. The progress reports could be mark sheets or a suitably attested letter from the applicant\u2019s school\/college.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What are the courses in India for which education loans are available?Any of the following courses, as offered by recognized universities, is eligible for an education loan in India- Professional courses including Engineering and Medicine Management courses (both full time and part time) ICWA, CA, CFA etc. Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID &hellip; <a href=\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mumbai Education Loan&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-8579","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Mumbai Education Loan | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Mumbai Education Loan | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\" \/>\r\n<meta property=\"og:description\" content=\"What are the courses in India for which education loans are available?Any of the following courses, as offered by recognized universities, is eligible for an education loan in India- Professional courses including Engineering and Medicine Management courses (both full time and part time) ICWA, CA, CFA etc. Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID &hellip; Continue reading &quot;Mumbai Education Loan&quot;\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antworksmoney\/\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:site\" content=\"@AntworksMoney\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/\",\"name\":\"Mumbai Education Loan | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\",\"isPartOf\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#website\"},\"datePublished\":\"2018-07-03T13:32:34+00:00\",\"dateModified\":\"2018-07-03T13:32:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.antworksmoney.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mumbai Education Loan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#website\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/\",\"name\":\"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.antworksmoney.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#organization\",\"name\":\"antworksmoney.com\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg\",\"contentUrl\":\"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg\",\"width\":335,\"height\":328,\"caption\":\"antworksmoney.com\"},\"image\":{\"@id\":\"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/antworksmoney\/\",\"https:\/\/twitter.com\/AntworksMoney\",\"https:\/\/www.linkedin.com\/company\/13288601\/\",\"https:\/\/in.pinterest.com\/antworksmoney\"]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mumbai Education Loan | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/","og_locale":"en_US","og_type":"article","og_title":"Mumbai Education Loan | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","og_description":"What are the courses in India for which education loans are available?Any of the following courses, as offered by recognized universities, is eligible for an education loan in India- Professional courses including Engineering and Medicine Management courses (both full time and part time) ICWA, CA, CFA etc. Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID &hellip; Continue reading \"Mumbai Education Loan\"","og_url":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/","og_site_name":"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","article_publisher":"https:\/\/www.facebook.com\/antworksmoney\/","twitter_card":"summary_large_image","twitter_site":"@AntworksMoney","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/","url":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/","name":"Mumbai Education Loan | Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","isPartOf":{"@id":"https:\/\/www.antworksmoney.com\/blog\/#website"},"datePublished":"2018-07-03T13:32:34+00:00","dateModified":"2018-07-03T13:32:34+00:00","breadcrumb":{"@id":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.antworksmoney.com\/blog\/mumbai-education-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.antworksmoney.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Mumbai Education Loan"}]},{"@type":"WebSite","@id":"https:\/\/www.antworksmoney.com\/blog\/#website","url":"https:\/\/www.antworksmoney.com\/blog\/","name":"Antworks Money - The Blog on Personal Finance | Guide to Loans, Credit Cards, Insurance and Investments","description":"","publisher":{"@id":"https:\/\/www.antworksmoney.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.antworksmoney.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.antworksmoney.com\/blog\/#organization","name":"antworksmoney.com","url":"https:\/\/www.antworksmoney.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg","contentUrl":"https:\/\/www.antworksmoney.com\/blog\/wp-content\/uploads\/2018\/03\/Logo-AntworksMoney.jpg","width":335,"height":328,"caption":"antworksmoney.com"},"image":{"@id":"https:\/\/www.antworksmoney.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/antworksmoney\/","https:\/\/twitter.com\/AntworksMoney","https:\/\/www.linkedin.com\/company\/13288601\/","https:\/\/in.pinterest.com\/antworksmoney"]}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages\/8579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=8579"}],"version-history":[{"count":1,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages\/8579\/revisions"}],"predecessor-version":[{"id":8580,"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/pages\/8579\/revisions\/8580"}],"wp:attachment":[{"href":"https:\/\/www.antworksmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=8579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}