Updated on: 10 April 2023
Published on: 29 November 2019
With the rise in quality of education, the cost of good education is skyrocketing in tandem. Naturally, all parents desire to provide the best education possible for their children. With this comes a pressure that most have to deal with, the affordability. It can be easily known that an average middle-class parent makes enough over a particular period to be able to send his/her kid to a good educational institution, but since schools nowadays require half-yearly or quarterly payments, it can understandably get a little tight. Recognizing this, EarlySalary has come up with a unique concept called School FeES which is essentially mirrored on student loans, but with superior caveats. Let’s look at some of the features of obtaining an Education loan from EarlySalary:
EarlySalary is known for its easy and hassle-free experience and as expected, provides the best possible way to deal with this process as their applications take an average of under 10 minutes. And the best part? No paperwork, all you have to do is download their app, register yourself and evaluate your eligibility, once it is done, you can get loans in no time.
It is no myth that education loans can seem like overkill with their high interest rates, lots of paperwork and eligibility requirements. EarlySalary strives to make the entire process a lot easier by transferring the loan amount directly to the institute’s bank account. This way, you don’t have to deal with any part of the transaction whatsoever. FeES is also better because it is instantaneous whereas a conventional cash loan usually takes a few days to get disbursed. What makes this the best student loan option is that it also has a higher limit to borrow without any proof of asset collateral, as in the case of cash loans.
School FeES can be availed for up to an entire year as an instant loan which can be repaid in EMIs of 3, 6, 9 or 12 months depending on your convenience. The repayment policy on this is also flexible, as it allows prepayment of the loan with absolutely no charges for wishing to do so.
With up to 5 lakhs of credit available, you can better realize your dreams of sending your child to the best school or even getting yourself a skill upgrade. Fee deadlines and late fee penalties are issues no longer due to EarlySalary’s real-time disbursement of the education loans.
Another matter of concern for parents is being able to cover the expenses of all their children who often seem to miss out on the good stuff. So even if you have two kids where both of your children requires a loan, fret not, because EarlySalary lets you obtain a school FeES for up to two people which can again be paid easily by easy monthly Installments through popular modes of transaction like UPI or PayTm which make the process even easier than it already is.
Make sure to check out School FeES by Fibe to learn more and make the best investment for your children’s education needs.
Category : Upskill Loan
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