An education loan in India is a financial aid provided by banks or financial institutions to students for pursuing higher education. It covers expenses like tuition fees, books, and living costs, with repayment typically starting after course completion.
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Explore our diverse range of education loans tailored to suit your needs, offering options like low-interest rates, flexible repayment plans, and support for various educational pursuits.
This kind of education loan require collateral and offer lower interest rates.
This kind of Education loan don’t require collateral but may have higher interest rates.
These kinds of government education loans are offered by nationalized banks with favorable terms and lower interest rates.
This loan is specifically designed for students pursuing higher education overseas.
Secure your educational dreams with our flexible education loans, featuring competitive interest rates, convenient repayment options, and swift approval processes.
Ensure your eligibility for an education loan by demonstrating admission to a recognized course, along with the co-applicant’s financial stability and creditworthiness.
Minimum age of 21 to Maximum age of applicant at loan maturity: 60 years
Minimum Net Monthly Income: Rs 35,000
Applicant’s credit score should be more than 700
Now apply for a Education Loan online, All you need to do is provide your details below application form.
Unlock clarity and make informed decisions about your education funding by exploring our FAQ on education loans
An education loan is money borrowed to cover the costs of education, and anyone pursuing higher studies, including students and their parents, can apply for it.
The rate of interest for education loan will be around 8.15% to 16%, while the tenure can be upto 15 years which usually starts after the completion of the course.
The basic credit score to apply for a Education loan is 700.
Students should submit the basic KYC documents along with their last degree/standard marksheet, admit letter and Entrance exam marks.
Yes, reference of two people along with their short address is required while applying for an Education Loan.
In case of a secured education loan the student can avail upto 2 crore, while in unsecured education 1 crore will the maximum loan value.