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Education Loan FAQs

Getting Started
An Education Loan is offered to finance the higher studies of a prospective student. If you are a student or a parent, with our Education Loan, you can pay for professional or technical education in India or abroad.
Some of the benefits of Education Loan are:

• Flexible repayment options
• Lower interest rate
• Tax benefits
• Quick and fast approvals

Education Loan Details (Amount & Tenure)

You can take up to 6 years to repay your loan.

You can take a loan up to ₹ 25 lakhs if you are studying in India. If you plan to study overseas, you can take a loan up to ₹ 30 lakhs.

Our interest rates for Personal Loan for Education are competitive and affordable. Rates begin from 10.99%

Education Loan Eligibility

We need the following documents in order to process your Education Loan:

• Invitation of admission from a college you have applied
• Proof of academic accomplishments
• Income proof of co-applicant along with the record of existing loans
• Net-worth statements if the loan amount is high
• Papers of collateral for loans above ₹ 4 lakhs

Find the right loan for you

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