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Overview
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Enrolling for higher education can help you advance your academic and professional life. An education loan can help you manage the burden of high fees so you can focus on the course.

Invest in your Future with an Education Loan!

We, at Tata Capital align with Tata Group’s commitment to Education. We believe that education is the key to a nation’s progress & a brighter future. Thereby, quality education should be accessible to all socio – economic backgrounds. With a thorough understanding on the transformative power of higher education, Tata Capital is now introducing Education Loans to enable students to pursue higher education, both in India & Overseas, thereby facilitating their personal and professional growth. 

We are here to empower your dreams with our tailored education loan solutions.

  • Loan amount offered

    Upto ₹ 75 Lakhs unsecured

    Upto ₹ 200 Lakhs secured

  • Loan tenure

    Upto 13 Years

  • Interest rate

    Competitive rates offered, keeping in mind the market standard.

Features & Benefits of Education Loan

High loan amount

Get substantial funding to cover tuition fees, accommodation, and other educational expenses.

Attractive interest rates

Competitive interest rates to reduce the financial burden on students and their families.

Pre-admission sanction

Avail of pre-admission sanctions to secure funding even before finalizing admission.

No margins on education loan

Zero margin money requirements, meaning the entire cost of education can be covered by the loan.

Loan for a variety of courses

Get funds for a wide range of courses, from undergraduate programs to specialized vocational training.

Easy disbursal

The loan disbursement process is straightforward and efficient, ensuring that funds are available when needed.

Apply with a guardian

Students can apply for an education loan with a parent or guardian as a co-applicant.

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Education loan eligibility

Factor Eligibility
Nationality Indian
Age 16 to 35 years
Qualification Completed 10+2/diploma
To pursue course Graduation/Postgraduate degree or a PG diploma in professional education
University applied to Listed, recognized, and accredited institutes in India and abroad
Basis for loan sanction
  • Pre-admission sanction
  • Entrance exam scores like GRE, GMAT etc.
  • 12th/HSC results
  • Confirmed admission
Loan amount
  • Up to Rs. 75 lakhs unsecured
  • Up to Rs. 2 crores secured
Co-borrower Father, mother, brother, sister, spouse (husband/wife), grandparents, parents-in-law, maternal/paternal uncle
Security Property, fixed deposit, Existing Tata Capital home loan for cross collateral.

Documents Required for Education Loan

You would need a list of documents to apply for an education loan. Click here to check the list.

  • ID Proof: Passport, PAN card
  • Academic documents: 10th mark sheet, 12th mark sheet, available semester mark sheet/transcript, degree, entrance exam scores (GRE, IELTS, TOEFL, GMAT, other)
  • Financial documents: Last 3 months' salary slips, last 2 years' Form 16, last 3 years' ITRs, balance sheets and P&L accounts, business proof, bank statements for the last 6 months.

Education Loan Interest Rates

Loan Interest rate
Upto Rs. 2 crore secured [REPO + 3.75%(Spread)] onwards
Unsecured Loan Amount Up to Rs. 75 lakhs

Why should I apply for an education loan at Tata Capital?

Affordable & Quality Education

Don't let tuition fees or educational expenses hold you back from pursuing your dreams. Our quality education must be accessible to all, regardless of financial constraints.

Flexible Repayment Options

We provide Education Loan Repayment Options where you can start paying after completing your education, so that you can focus on studies without any immediate financial burden. 

Competitive Interest Rates

Enjoy competitive Education Loan Interest Rates that make borrowing affordable and manageable. We understand the importance of keeping your financial burden low, while you invest in your education.

No Collateral Required

With our unsecured education loans (i.e., Education Loan without Collateral), you don't need to worry about providing collateral. We want to help your dreams become a reality, without any additional burden.

Quick Hassle-free Process

Our Education Loan Application process is short and simple. We value your time and to ensure that your experience is hassle-free, we have a dedicated team to assist you at every step. 

Expert Financial Guidance

Our financial experts are equipped to provide you with personalized guidance and support. We'll help you make informed decisions about your education financing, ensuring that you choose the right loan for your needs.

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How do I apply for Student Loan?

1

Online Application for Student Loan

Want maximum convenience when applying for an education loan? Apply online through our website by just filling up your basic details.

2

Document Submission

Post receiving your basic loan eligibility, furnish the required documents to take your application ahead.

3

Verification

We will verify your application and submitted documents.

4

Approval & Sanction

Post approval, the loan is sanctioned.

5

Disbursal

Receive the amount in the bank account - it's that simple!

Check if your chosen course qualifies for an education loan at Tata Capital

At Tata Capital, we offer Student Loans (Secured & Unsecured) for courses in India and Overseas. You can find the list of courses eligible for Education Loan from Tata Capital below.

Courses Covered in India & Overseas

  • Graduation/post-graduation degree from recognised universities  

  • Executive & other courses from reputed universities

  • PhD

  • Between the age of 18- 45 years, pursuing Undergraduate / Postgraduate Program, Executive and other courses in India or Overseas.  

Why Choose Us?

Empowering your educational dreams

  • Sanction before admission letter

  • 100 percent financing

  • Partnerships with recognized universities - International & Domestic

Popular FAQs

Am I eligible for an Education Loan at Tata Capital?

Yes, you are - 

  • If you are an Indian national 

  • Between the age of 18- 45 years, pursuing Undergraduate Postgraduate Program, Executive MBA or other Vocational courses

  • A student with proven academic record

What expenses does my Loan cover? (Does Education Loan cover living expenses?)

Tuition fee, Living Expenses: (Rent & Utility, Food, Grocery and Local Conveyance), Miscellaneous Expenses: Laboratory Fees, Purchase of books, Purchase of Computers /Laptops, Travel fare

Who can be my co-applicant?

Co-applicant(s) may be any of your following immediate family - Father/ Mother/ Brother/ Sister/ Spouse. You could also have maternal or paternal (uncle/aunt) Or any Blood Relatives, as your Education Loan Co-applicant. 

What process do I follow for repayment of my loan?

If you apply for a Student Loan with Tata Capital, you can repay basis plans that are available & designed specially to meet your unique needs. Our repayment tenor starts 1 year after you have completed your education and you get 12 months and up to 120 months to repay in equal monthly instalments. You can pay the EMIs through Auto Debit or online, by accessing our website from anywhere, anytime. You can also drop a cheque at the nearest Tata Capital branch. You have complete control over your student loan repayment.

Can I prepay the Education Loan? Are there any prepayment charges?

Yes, you can prepay their education loans before the completion of the tenure. There are No Prepayment charges

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