Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?

Personal Loan

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Corporate Loan

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Educational Loan

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Mortgage Loan

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Solution

The correct option is B Educational Loan
Educational loan helps a student to get financial help so that he/she can study in their higher studies in India or in a foreign nation. Thus, exclusively educational loan deals with the financial help for pursuing higher studies.

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Which of the following products of a bank is specifically designed to provide financial help to children in their higher studies in India or in a foreign nation?

The correct option is B Educational LoanEducational loan helps a student to get financial help so that he/she can study in their higher studies in India or in a foreign nation. Thus, exclusively educational loan deals with the financial help for pursuing higher studies.

The correct option is B Educational Loan
Educational loan helps a student to get financial help so that he/she can study in their higher studies in India or in a foreign nation. Thus, exclusively educational loan deals with the financial help for pursuing higher studies.