Document Overlap
19.7%
← Content Overlap Report
A-082
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First documentIs It Wise to Depend on an Education Loan for Your Child’s Future?Open original ↗
A-071
Second documentHow to Plan and Build Funds for Your Child’s Higher Education?Open original ↗
Low overlap
Top paragraph overlap
100.0%Page comparison
Paragraph matches
Strongest non-zero match for each paragraph.
First paragraph77 words
How will an Education Loan work?
Need for Collateral The first idea that flashes across your mind when you think of college fees-Education Loans. But did you know that Banks and financial institutions are very conservative when approving education loans? To avail of a loan of Rs. 50 Lakhs, you must submit collateral worth at least Rs. 70 lakhs. If your property is already under hypothecation and you are paying your home loan, this may not be eligible for showing as collateral.
2.5%
Second paragraph33 words
Why Early Planning Matters for Your Child’s Higher Education?
In 15 years, factoring in inflation, these courses would cost in the range of Rs. 30 Lakhs to Rs. 70 Lakhs. You can work backwards to save or invest to reach this figure.