Study on borrowers’ problems and satisfaction level with regard to education loans in Coimbatore District
Bibliographic Data
| ID | 15800098 |
|---|---|
| Authors | R Velmurugan (0000-0002-7925-9757, Karpagam Academy of Higher Education, corresponding author), A Uma (Karpagam Academy of Higher Education) |
| Year | 2022 |
| Pages | 3933-3939 |
| Publication date | 2022-06-22 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | International Journal of Health Sciences (JOURNAL) |
| Journal identifiers | ISSN: 2550-696X • E-ISSN: 2550-6978 |
| Publisher | Universidad Tecnica de Manabi (PUBLISHER • EC) |
| DOI | 10.53730/ijhs.v6ns5.9471 |
| OpenAlex | W4285683198 |
| Language | EN |
| References cited | 1 |
Education loan acts as a boon to poor students for pursuing higher studies. But, the mounting level of Non-Performing Assets makes bankers more cautious and reluctant to sanction education loans. So, students find it very difficult to avail themselves of education loans. Hence, a study of this nature has been carried out to ascertain the problems faced by students while availing education loans and the level of satisfaction pertaining to them. The result of the study reveals that unfriendly attitude of the bank staff and difficulty in providing collateral security are the major problems faced by borrowers of education loans. Nevertheless, the borrowers are satisfied with regard to the amount of loans sanctioned and the time taken for sanctioning loans
Business · Collateral · Economic growth · Economics · Higher education · Loan · Financial Literacy, Pension, Retirement Analysis · Islamic Finance and Banking Studies · Microfinance and Financial Inclusion · Finance
| Citation velocity | historical |
|---|---|
| Highly cited | No |