stdClass Object
(
    [id] => 16559
    [paper_index] => 202506-01-022434
    [title] => NEED FOR DIGITALIZATION OF EDUCATIONAL LOANS
    [description] => 
    [author] => B R Gagan , Dr. Anupama K Malagi
    [googlescholar] => 
    [doi] => https://doi.org/10.36713/epra22434
    [year] => 2025
    [month] => June
    [volume] => 11
    [issue] => 6
    [file] => fm/jpanel/upload/2025/June/202506-01-022434.pdf
    [abstract] => In today’s rapidly evolving digital economy, access to quality education is more critical than ever, yet it remains financially out of reach for many students, especially in developing nations like India. Educational loans serve as a vital tool to bridge this gap, but traditional banking systems have long been characterized by complex paperwork, delayed processing, and inconsistent accessibility—particularly in rural and underserved regions. These inefficiencies can disrupt students’ academic pursuits and limit upward social mobility. In this context, the digitalisation of educational loans emerges as a powerful solution to democratize access, streamline operations, and promote financial inclusion.
This study investigates the growing need for digitalisation in educational loan systems in India. It explores the transformation of conventional banking processes through digital platforms and fintech innovations, and how these changes impact students' access to and experience with educational financing. Technologies such as artificial intelligence (AI), machine learning, digital identity verification (e-KYC), online loan marketplaces, and cloud computing are now central to the lending ecosystem, allowing for faster approval times, reduced documentation, and data-driven credit assessment. By minimizing human error and eliminating redundant administrative steps, these tools are not only improving operational efficiency but also expanding outreach to demographics previously excluded from formal lending systems.

    [keywords] => •	Digital Educational Loans
•	Financial Inclusion
•	Fintech in Education
•	Educational Financing
•	Digital Transformation
•	Student Loan Platforms

    [doj] => 2025-06-14
    [hit] => 
    [status] => 
    [award_status] => P
    [orderr] => 92
    [journal_id] => 1
    [googlesearch_link] => 
    [edit_on] => 
    [is_status] => 1
    [journalname] => EPRA International Journal of Multidisciplinary Research (IJMR)
    [short_code] => IJMR
    [eissn] =>  2455-3662 (Online)
    [pissn] => - --
    [home_page_wrapper] => images/products_image/11.IJMR.png
)
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