GyanDhan - a study abroad education loan platform - has now started education loans for MBA aspirants who wish to pursue their MBA from India. This initiative has come at the best of times as the country is struggling with the coronavirus outbreak and has closed down most of the bank services. Being well-aware that this could only mean problems for the students who won’t be able to secure funds for their education on time, GyanDhan took cognizance of the slowing bank operations due and collaborated with several NBFCs to provide education loans for Indian MBA aspirants. However, this loan product is not just limited to this time period. Students can avail the education loan as and when required.
The education loan would be a savior for the students who will have to pay their admission fees in the coming months as the admission process has already begun. To help the students, several Non-Banking Financial Companies have come forward in alliance with GyanDhan to approve unsecured education loans for these MBA aspirants. IMT, Symbiosis, IIMs, Indian School of Business, XLRI Jamshedpur, SPJIMR Mumbai are just some of the institutes in the approved list and has more than 150 Indian MBA institutes. It will cover the full tuition fee and living expenses eliminating the need for capping the maximum loan amount and therefore, the students will not have to worry about the loan amount not covering the expenses incurred. The benefits of the loan do not end here. The loan will be processed within 2 days. Normally, loan approval takes almost a month but with GyanDhan, this wait is eliminated. This is possible as the entire loan application process is online and does not require any visit to any branch or office. Plus, since it is an unsecured education loan, there is no need to get any property evaluation done either, saving both time and money. Students can apply for the loan on GyanDhan’s portal and upload the documents as and when required. Along with quick approval and disbursal of the loan, there is also a maximum loan repayment tenure of 12 years. The interest rate offered by the lenders is also low starting at only 9.5 percent.
GyanDhan has always made the education loan process hassle-free and easy for the students. Apart from providing free services, they have made sure that the students do not have to shell out any extra penny for the loan. That is to say, there are no hidden or extraneous fees charged apart from a one-time processing charge, which is charged by the lenders. GyanDhan on its part provides free service to the students, which includes guidance on every step of the loan application. Their Education Loan Counselors are just a call away if the students face any difficulties. The counselors will also help students keep track of their loans. With so many benefits of low-interest rate, quick approval and disbursal, no hidden charges, and longer repayment period, it would be right to say that the GyanDhan-MBA India Education Loan is one of the best loan products in the market at present. This loan product would help students in this lockdown and beyond. Students can request a callback and check their eligibility for the loan.
GyanDhan was started in 2016 by Mr. Ankit Mehra and Mr. Jainesh Sinha with the vision to eliminate the problems and obstacles generally associated with the education loan process. Their dedication to helping students achieve their higher education dreams made it possible to streamline the loan process eliminating frivolous and time-consuming steps. GyanDhan has committed itself to help students secure funding from the right lender and at the right time and has helped more than 2000 students since its inception. They are a highly trusted financing platform for education loans. Partnered with several lenders in the market, they are in constant touch with many officials and coordinate with them to get the loan process done faster. GyanDhan also offers many services to students with absolutely no cost including doorstep document pickup service. Providing their services for abroad education, they have forayed into the market to help students who wish to pursue higher education here in India.
With GyanDhan’s trusted name and assistance, students can rest assured that they will be getting the best of loan experiences. Therefore, it can be said with surety that the GyanDhan-MBA India Education loan is the best deal for the students. Students who wish to have a hassle-free education loan process can contact GyanDhan anytime.