Study Miles

  Studying internationally is a big step for anyone. There are various benefits associated with studying abroad, such as career opportunities, networking, personal development, and more. Overseas education is not a big hassle; the most important task is to decide which course or program would suit you best. If you are one of those students who are undecided, this blog is here to help clear your doubts. What is STEM? STEM stands for Science, Technology, Engineering, and Mathematics. STEM is a term widely used around the world for academic disciplines and fields of study. Here are some reasons why STEM is one of the best choices for international students: Job Opportunities:  A degree from study abroad (and a top university) gives you an edge over others, leading to more career opportunities. STEM education guides you to a strong base, creating incredible job opportunities in various fields. Excellent Salary:  The salary you receive abroad on your STEM degree is u...

Studying abroad is a dream for many. However, it comes with various expenses. To cover expenses for study abroad, a student usually requires financial assistance. According to the Bureau of Immigration, 7.6 lakh Indian students went to study abroad in 2023, and around 17.6 K Crore was disbursed by Indian banks for education loans. Indian banks offer Secured as well as Unsecured  education loans for abroad studies . Secured loans usually have lower interest rates than Unsecured loans. A secured loan is offered when the candidate offers a guarantee of collateral in the form of a plot, house, fixed deposit, or government bond. However, when a Candidate doesn’t have collateral or security, he is offered an Unsecured loan. How do Indian Banks Impose Interest Rates? The Reserve Bank of India (RBI) decides the interest rates. The Monetary Policy Committee of India (MPC) has announced the repo rate at 6.50% (increasing from 6.25%), while the reverse repo rate is 3.35%. The Bank Rate and th...