IDBI Bank’s IT subsidiary- IDBI Intech- is envisaging a portal for study loans. This portal if turned into realty will provide students an online interface with banks and professional colleges or institutions so that they could, among others, glean information on the various recognized professional courses available across the country, the fees charged, and the education loan schemes on offer.
The portal will capture information from crucial stakeholders -professional colleges and banks- in the higher education ecosystem. It would also aid to cut down the turnaround time in getting education loans by providing a seamless interface between students and banks. Meanwhile, students along with parents, using this portal, will be able to compare the interest rates charged by various banks, the terms and conditions associated with education loans, and the documentation required.
Moreover, prospective customers could even find details of the nearest bank branch they can contact for the loan along with the details of officers who could be contacted by the customers could also be uploaded. Additionally, access to the portal will be free for students.
Company Name | CMP |
---|---|
HDFC Bank | 1507.85 |
ICICI Bank | 1102.25 |
Axis Bank | 1165.45 |
Indusind Bank | 1464.05 |
Kotak Mahindra Bank | 1693.85 |
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