Education Loan
Invest in your future with our comprehensive education loans. We help students pursue their academic dreams at top institutions in India and abroad with competitive rates and flexible repayment options.
Interest Rate Starting From
7.50% p.a.
Processing Fee From
0.50%
Loan Amount Up To
₹75 Lakhs
Repayment Period Up To
15 Years
What Our Education Loan Covers
Our comprehensive education loan covers various expenses related to your education.
Covered Expenses
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Tuition Fees
Full coverage for course tuition fees at the institution.
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Hostel & Accommodation
Expenses related to hostel fees or off-campus housing.
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Travel Expenses
One-time to-and-fro travel costs for students studying abroad.
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Books & Equipment
Course books, laptops, and other necessary educational equipment.
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Exam & Library Fees
Institutional examination fees and library charges.
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Insurance Premium
Health insurance premium for students studying abroad.
Eligible Courses
Undergraduate Courses
BA, BSc, BCom, BBA, BCA, BTech, BE, etc.
Graduate Courses
MA, MSc, MCom, MBA, MCA, MTech, ME, etc.
Professional Courses
Medical, Dental, Engineering, Law, CA, CS, etc.
Study Abroad
Courses at recognized institutions worldwide
Management Courses
From premier institutions like IIMs, XLRI, etc.
Vocational Courses
Skill development and job-oriented programs
Eligibility Criteria
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Indian Citizenship
The student must be an Indian citizen.
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Age
Between 16 to 35 years for the primary applicant (student).
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Academic Qualifications
The student should have secured admission to a recognized institution in India or abroad.
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Co-Applicant
A parent or guardian is required as a co-applicant with steady income and good credit history.
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Collateral
For loans above ₹7.5 lakhs, collateral security is typically required. For loans below ₹7.5 lakhs, collateral may be waived based on co-applicant's profile.
Required Documents
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Identity & Address Proof
Aadhaar Card, PAN Card, Passport, Voter ID Card for both student and co-applicant.
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Academic Documents
Mark sheets of qualifying examination, admission letter from the institution, scholarship details (if any).
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Financial Documents
Cost of education details, co-applicant's income proof (salary slips, ITR for last 2 years, bank statements for last 6 months).
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Collateral Documents
Property documents if collateral is being offered (for loans above ₹7.5 lakhs).
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For Study Abroad
Visa approval, GRE/GMAT/TOEFL/IELTS scores, admission letter with scholarship details (if any).
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Photographs
Recent passport-sized photographs of student and co-applicant.
Ready to Invest in Your Future?
Apply for an Education Loan today and take a step towards achieving your academic dreams.