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If you want to study nursing but lack of money is coming in the way, then there is no need to worry now. With the help of government and banks, now it has become easier to study nursing than ever. Students will not only get a chance to fulfill their dreams through education loan, but they will not have any big problem in repaying the loan. With easy installments and special discounts, this loan system is nothing short of any relief for students and their families.
How to get education loan?
Medical fields like nursing are very expensive. Especially in private colleges, fees are in millions, which not everyone can bear. But now many government and private banks are giving education loans for nursing studies. Students can easily get this loan after getting admission in a recognized college or university.
How much money can you get?
According to reports, an amount of up to 40 lakh rupees can be available for nursing. This amount includes tuition fees, hostel expenses, books, lab charge and even laptops like laptops. That is, a student does not have to worry about any kind during studies.
When and how to repay the loan?
The process of repaying this loan is also very easy. Usually, banks provide the facility to start EMI from 1 year after completion of studies or 6 months after getting a job. With this, students can work after completing their studies and gradually repay the loan without burden. Banks give a chance to repay the loan in easy installments from 5 to 15 years.
Where to apply?
For education loan, students can apply directly to the concerned bank branch. Apart from this, many banks are now offering online application facility. Students have to provide documents like their admission letter, fee structure, Aadhaar card, PAN card, marksheets of the previous class.
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