{"id":5174,"date":"2023-08-28T14:38:05","date_gmt":"2023-08-28T14:38:05","guid":{"rendered":"\/blog\/?p=5174"},"modified":"2026-01-07T12:14:01","modified_gmt":"2026-01-07T06:44:01","slug":"what-all-courses-are-applicable-for-education-loan-in-india","status":"publish","type":"post","link":"https:\/\/www.tatacapital.com\/blog\/loan-for-education\/what-all-courses-are-applicable-for-education-loan-in-india\/","title":{"rendered":"Education Loan Available for Which Courses in India?"},"content":{"rendered":"\n

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India is a hub of education. The sheer number of students (from India and abroad) seeking admission into the numerous universities and educational institutes (private and government) is astounding at undergraduate, postgraduate and doctoral levels. <\/p>\n\n\n\n

With multi-year completion times, higher education can get expensive. This is especially true for high-demand professional courses like an MBA. Paying for a two, three or four-year degree out-of-pocket often becomes difficult. Several banks and financial institutions provide education loans<\/a> to eligible students to help them complete their education without undue financial strain.<\/p>\n\n\n\n

If you\u2019re a parent considering financing your child\u2019s education via an education loan or a student, you must first ensure whether the opted lies on the list of courses eligible for education loans. Confused where to get started? Worry not. This article covers the nitty-gritty of courses eligible for education loans in India.<\/p>\n\n\n\n

Courses Eligible for Education Loan in India<\/h2>\n\n\n\n

To avail of education finance, you must be well informed about student loan approved courses, loan amount, loan process<\/a>, interest rates, security, services, processing fees, documentation, and few other details.<\/p>\n\n\n\n

To answer the question education loan available for which courses, here\u2019s a list of eligible courses for education loan:<\/p>\n\n\n\n

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Type of Course<\/td>Name of course<\/td><\/tr>
Undergraduate degree and diploma<\/td>BA, BCom, BE, BEd, BSc, BBA, MBBS, B Tech, LLB. and others<\/td><\/tr>
Postgraduate degree or diploma<\/td>MA, M Com, MSc, M Res, LLM, MFA, M Ed, M Phil, MBA, MD, and others<\/td><\/tr>
Doctoral courses<\/td>PhD<\/td><\/tr>
Certificate courses<\/td>In Computers, Nursing, Teaching, job-oriented course, etc.<\/td><\/tr>
Diploma<\/td>In Engineering, Agriculture, Veterinary courses, any job-oriented course, etc.<\/td><\/tr>
Degree\/Diploma<\/td>In Army, Navy or Air-Force training courses, Aeronautics or any other relevant Pilot Training courses<\/td><\/tr>
Miscellaneous<\/td>Other courses run by the State Skill Mission or National Skill Development Corporation<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Nowadays, owing to the increased popularity of short-term courses for soft skills, animation, English learning, catering, spoken English, data science, Artificial Intelligence (AI), digital marketing, event management etc., are also eligible for loans<\/a>. However, it is advisable to check with the lender if they offer an education loan for short term courses.<\/p>\n\n\n\n

Benefits of Education Loans<\/h2>\n\n\n\n

Besides providing you with affordable access to top-class education in premier institutes, education loans in India offer tons of perks. With Tata Capital<\/a>, you can comfortably borrow a higher loan amount along with swift and hassle-free loan sanctions at minimal fast-track documentation. Further advantages include:<\/p>\n\n\n\n