Is Education Loan Extension Possible in India?

    Updated on: 14 Nov 2023 5 min read

     

    In 2020, even though most schools and colleges in India adapted to the online mode of teaching and learning, thus bringing back some sort of normalcy for the students; the same cannot be said for students who were planning to head abroad for higher education. Additionally, most international Universities had closed down and were asking international students who had got admission earlier, to either pursue one semester online or to re-apply in 2021.

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    How can GyanDhan help with education loan deferment in India?

    We at GyanDhan have always been at the forefront of helping students make their study abroad dream come true- right from helping them get an education loan for studies abroad at the best terms and conditions to providing services even after their education loan has been sanctioned. Even during these testing Covid-19 times, we remain committed to helping our students with their study abroad mission and hence had approached our partners - public banks, private banks as well as NBFCs - to help such stranded students with education loan deferment.

    Our students need not go through the whole process of re-applying and paying the processing fees for an education loan again. Even if you are a student who has not taken our help and have got your education loan sanctioned but are unable to travel abroad because of Covid induced travel restrictions, then you can approach GyanDhan and get the best possible solution. As the countries are gradually opening their borders and normalcy is returning slowly, you must not dampen your spirits and with GyanDhan’s timely help, we are sure that you will rise and shine and make your study abroad dream come true. 



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Written by Aman Jain

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.


Specializes in:
Education loan , Study Abroad Admissions

0096084
Reviewed by Ankit Mehra

Ankit is the co-founder and CEO of GyanDhan. An IITK / IESE alum who previously worked at Capital One / Credit Suisse, his aim is to equalize and expand access to higher education. His interests include playing football (soccer), and basketball, trading/investing the limited money that he still has, and discussions on economics / politics.



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