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 11.25 %

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.

WHY CHOOSE US

CUSTOMIZED PRODUCTS
MINIMUM DOCUMENTATION
EASY APPLICATION PROCESS
STRONG AFTER SALES SERVICE