Although anyone thinking about taking a loan out needs to give careful consideration to affordability and ne
In the India you will find a number of lenders that are able to offer education loans and career development loans, and these can prove to be an effective and valuable solution to paying for a better education and improving your skills, knowledge, and ultimately your job prospects.
An education or career development loan can be used to fund a number of courses. You may wish to pursue your further education full time by going back to college, you may be looking to study on a distance learning basis, or you may be looking to attend a course such as IT. It sometimes become necessary to compare education loan rates before deciding a right path for your career. Whatever you are looking to do in terms of improving your skills, knowledge, education, and qualifications, you will find a number of solutions open to you including the availability of standard bank loans in addition to specialist educations loans and career development loans.
IT education provider NIIT on Monday signed an agreement with Oriental Bank of Commerce (OBC) to offer loan facilities to students enrolling for its courses.
As per the agreement, OBC would provide financial assistance to NIIT students in the form of educational loans of up to Rs 1.24 lakh for career programmes of over one-year duration.
The loan would be sanctioned as per the educational loan scheme of OBC and would also come with a free personal accident insurance of up to Rs 15 lakh.
Besides, the bank also offers loans of up to Rs 2 lakh to working executives for management programmes from NIIT Imperia.
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