Save Money with Education Loan
ฝัง
- เผยแพร่เมื่อ 16 ต.ค. 2024
- ➡️Repayment Holiday
🔸 A moratorium period aka Loan Repayment Holiday in education loan is defined as the time where the borrower is not required to repay the loan.
Usually, in personal loans, repayment for a loan starts soon after a borrower takes it, but in the education loan moratorium period, lenders allow students to start their repayment once they finish their course and start earning.
The moratorium period is usually the course duration plus 6 months or 1 year where the lender allows a student to take adequate time to sort out their finances and prepare for loan repayment accordingly.
Banks generally charge interest for the moratorium period, which is later added to the principal. As the interest on the loan generally accrues over the moratorium period, a lender usually calculates interest on the loan on a simple interest basis. So, students who are willing to start their monthly EMIs (equated monthly installment) can start paying during the moratorium period as this would ultimately help them relieve the interest burden.
➡️Section 80E:
🔸 The interest amount paid during the financial year is allowable as a deduction from taxable* income. There is no limit on the deduction amount. The benefit of the deduction is available for a maximum of 8 years or till the interest is paid, whichever is earlier. It is applicable even when you have taken the education loan for your spouse, children or for a student for whom you are the legal guardian.
➡️So if someone tries to convince you to take up somer other kind of loan like, “loan against your property” or “gold loan” to finance you education then please avoid it cause you’ll loose major benefits which is exclusive to education loan.
Source: Bank Bazaar, wemakescholars, clearTax
Also thanks @wemakescholars for making detailed videos on education loans on YT for spreading awareness 🙏
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#educationloan #loans #loanofficer #banks #money #abroadeducation #moneymanagement #taxsavings
Ye banda ek din bank walo ka sir dard banne wala hai 😂😂
Already ban hi gaya hai bhai 👍
Banchuka h bhai
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🤣🤣
Main bank wala hun fir bhi iske video dekhta hun..😂😂
New reason to watch his videos: How to sneak into a bank
Bro now Pov:me sneak to bank
1 k like and only one comment 😮
Spreading like a ocean of knowledage...love this man 😍😍
Everything is temporary,
But “HUH! ” is permanent❤
Day by day increasing acting skills good job bro😂😂
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YES
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SNoop DoG got me dying 😭😭
mee to
which song of snoop dog is this?
Still Dre plays.....uncle be like....ahh shit here we go again!
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I'm one of those noobs he shows, my little brother does all the negotiations for me. Now, I have subscribed and I hope I'll get better at this.
More than his knowledge I like his style. His acting level and snoop dog.... Killer ✨
Bank employees be like:'jeena haram, khana haram,dena haram ,nokri haram ,hagna haram ,mutna haram😂😂😂😂😂😂
👆👆👆
Peaceful community haram
Hey Tejas! Can you make more videos regarding education loan? Really need the information cause i need help regarding it :/
👏👏Bahut useful knowledge hai
When he said Hello uncle , i remembered honey singh song 😂😂
There should be a change in banking system about various targets 🎯 given to banks 🏦 , so they do not mislead people in schemes like-
A. Personal loan
B. Ulip
Please create one full video on education lone😊
Kon Kon he jisko kuch samajhme nahi ata phir bhi video dekhne ate hain
Please make a brief video for this
I like jab loan denewala 'SnoopDogg-TejasJoshi' kehta hai 😂😎👌
Your video taugh us
Education loan ...paise direct college me jata hai ya....hamare account nomber par paise aate hai???
Educational loan pe ek detailed video baniye bhaia plz.........
Bhai agar loan time se pehle pura pay karna ho to usme allover interest Dena padega ya thoda bahot
Tax claim limit is 50,000 not the whole of int. Payment
Bhai sab kuchh tum achhe se samjhate ho par please thora aur detail me samjhaya karo aur slow bhi
And Tejas bro like to add one more point one can also claim CSIS Subsidy if annual family income is less than 4 lakhs buts one has to remind this to bank other wise they are least bothered i faced it and had mailed till ceo of bank and also filled lots of rti after 6 months of tough fight i got my subsidy
best financial man
TeXtMe DiReCtLy 📊📊
are you tezas
pls upload long videos also pleasee
Bro❤ kindly make a video on (#problems occurs during opening a new account in banks) 😅
Hey Bro! Can you make a video regarding vehicle/car loan is better then personal or not?
Hi tejas can u please make the one video regarding home loans
Bhai electrical bike ki subsidy ke bare my video banana
Bhai education skill loan ke liye bond lagta hai kya? Please answer me bro
No limit on amount of deduction but maximum 8 years takh you can claim deduction
Still T.E.J.A.S by Tejas Joshi is my favorite song 😂
Please make a full video on educational loan and about interest rates bhaiya 🙏🏻
Hey! Can u make video on home credit loan given by private banks
Plzz mke a full length video on education loan
Sir full video on education loan plzzzzzzzzz
Snoop dog
Bruhhhhhhh
Dr Dre has left the chat
Need more information about this ❤
Educational laon pe alag se video Bano how to calim loan .. plz
which bank is best for students
actually if we think a little bit, this shows how deceiving these corporates are unless you are enlightened ....
From this channel one thing I learnt that If I take commerce in future It will a 🥴🥴🥴🥴moment
agar ham koi bhi electric bike lay too uski subsidy or government subsidy kitni milay gi or is pay ek short bhi bana do bhai
Tejas ka to thik hai Par iska Cameraman andar kaise aaya 🤔🤔🤣🤣
Please bhai aisi hi video banaen karo mujhe bahut pasand aati hai
O bhai super hai acting. 😂😂😂😂 start your own bank 😂😂😂😂
I am all this things know and many helpful rights and I am in 10th
Please make a long video on education loan
Like what can do or what can't do
Please bro make a video on education 🙏🙏🙏
mast intermediate taxation ka revision hua
Bro, please create one video on Education Loan
No one can beat this guy 😂😂
Ek chiz is pr knowledge dijiye jyse mene policy ko account se manded krrha tha mgr bank k sarvar issue k vjh se manded ho nhi paya aur 118 rs. Charge kate uska jimmedar lon
If I do any prepayment during the moratorium period, is it adjusted towards the amount of simple interest accumulated or the principal amount disbursed?
These new financial advisors think that they know everything about working at a bank but in reality, they do have little knowledge.
Sir i have already paid my 1st year fees through an education loan to union Bank of India. I need to pay the 2nd year also. What are the things required to submit?
personal loan eise hi NHi milta job hona chahiye 25+sellry lagta hai
Content ke saath saath acting bi awesome h...😅😅
Tejas bro ma bacha ho mera leya ya samjh na bhot mushkil ma chata hu ke aap koi apne video sell karaena jes sa hum bacha bhe finance ka bara ma samjh payaa means a full course
Tejas last crying reaction was op 🤣🤣🤣
Bro education loan chalu hai but mujhe Paisa bharn hai toh mai bhar sakta hu ky
Sir please recommend me 3 books on Indian finance.
What is the difference.... I did not understand can someone tell
sir please app education loan ek completely video banayiye . kese karge kese hoga kya karna hoga
@TejasJoshiFinance it's not enough . Sir mai shorts baat nhi kar raha hu app ek completely video banayiye . Issme adha samjh nhi aa raha hai. Because study loan student ke lye bohot jarurat hai
Bhaiya education loan kitna la sakta ha vo bhi bata do
Tax deduction kaiser redeem hoga
Okay now let me give you the correct information... We give personal loan to salaried employees, having at least six months of salary slip to submit to us, and having finished probation period.. Personal loan is given based on the net salary recived by the customer..
Habibi come to Goalpara 🔥🔥🔥
Bro tumare is videos ke bajase me alert reheta hu kal meri mummy bhi loans me pass gayi thi pr tumara video dekhne ke bad sab samjha
BIG FAN @Tejas joshi
🥰🥰🥰🥰🥰🥰🥰🥰🤑🥰😍🥰🥰🥰🥰🥰🥰
Yrr Bhai Kuch Mera bhi masla h
Jab corona ka time chal Raha tha tab sari showrooms band the aur Mai hard cash hi de sakta tha to showroom se 2 log awake paise le to jate the lekin waha bahut late karke jama karta tha jaise ki 2 din 5 din 1 week aisa aur company late planty hame bharne ko bol Ra usi ke wajah se Noc abhi tak 2.5 years ho gye diya nahi hai
Thanks tejas bhaiya 😊
Thodi simple language use kra kro bro
Bro please continue your video on bank topics like this!!😂😂😂😂
No banker will sell you a personal loan if you ask for educational loan
Tejas Bhai
Muje education loan Lena tha but mere Papa ka salary acct nahi hai tho kisi aur tarike se muje loan mil sakta hai Kya please sir reply urgent please 🙏🏻🙏🏻❤️
Private banks do this mostly...
Mom: he should be a lawyer because all laws and rules
Dad:yes
Sir can you explain about government human insurance is RS.20.
TeXtMe DiReCtLy 📊
You explain in video.bro
Thank you
Bank Manager be like jor jor se sare skim baata dee..
Video bhi ban raha hai khud promotion bhi ho raha hai nice idea
SBI se mera bahut bura anubhav raha hai।
Bahut skim chipkate rahte hai।
Maine SBI se (5 lakh at 10.5%) ka eXpress credit personal loan liya.....
Fir kuchh mahino bad SBI se (2.5 lakh at 8.5%)
Cleark ne kaha ki ye dusra loan utha ke pahle wale me dal do। Preclousee ke charges nahi lagenge.
Ab jab pahla loan ki last EMI bhar di to kahte hai 3% ka pre clouser charge lagelga।
Bro becoming headache for banks 😂
Sir mera dost textile diploma karna chahata tha to use educational loan chahiye tha lekin bank ne diya nahi aur unhone kaha ki diploma ke liye loan nhi dete😔😔
And personal loan ka ROI bhi zada hota hai😊
This content saved me today!! believe me I was going to be scammed all thanks to Tejas joshi❤
bhai tejas bhai bank ka bohat ho gya abb kuch police station ka bhi batvo
thank you brother this video 😊
Hello Sir. I have applied for an education loan at Indian bank. I have a period of 3 year and 1 year for the moratorium. But the bank is asking me to pay the interest charged on the amount I am taking to pay the fees in the college. What should I do? Please help..!! Its really urgent
Inko koi batao , under 18 age wale se koi bhi contact ho vo void hota hai, ika matlab usko loan pay nahi karna padega dubara, loan lene ke liye aapko kam se kam 18/18+ hona chahiye, or age 18 se kam hai to ek surety hona jaruri hai loan lene ke liye
Rare, student coming to ask for loan.
I did not get education loan for traditional corse BSC in sbi
Ye badiya tha Guru😀
Good job bro
Tejas be like - jalva hai hamara 🤣🤣🤣🤣
Personal loan par zyada interest lagta hai so more profit for bank
Last wo banker rone lga😂
Can use education loan for other things like home renovation and parsonal things ? Please reply someone 😅
No, you cannot