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Education Loan

Education Loan

An Education Loan helps students finance their higher studies in India or abroad. It covers tuition fees, accommodation, travel, books, and other academic expenses. With flexible repayment, low interest rates, and high approval chances, education loans make quality education accessible to all.

Key Features

  • Loan amount from 1;50,000 to 1;50 Lakhs+
  • Available for studies in India and overseas
  • Covers tuition fees, hostel fees, travel, books -laptop
  • Low interest rates for meritorious students
  • Easy repayment options with 5-15 years tenure
  • Moratorium period (No EMI till course completion)
  • Quick processing and minimal documentation

Eligibility

  • Indian citizen with confirmed admission
  • Admission in recognized Indian or foreign universities
  • Salaried or self-employed co-applicant required
  • Good academic record improves approval chances

Covered Courses

  • Engineering, Medical, MBA, Law, Architecture
  • Professional and vocational courses
  • Technical diplomas skill development courses
  • Undergraduate and postgraduate programs

Benefits of Education Loan

  • Tax benefits under Section 80E
  • No EMI during the study period
  • Flexible repayment options
  • Enhances financial independence for students
  • Boosts access to global education opportunities

Applications

  • Higher education in India
  • International studies (USA, Canada, UK, Australia, etc.)
  • Professional or vocational training
  • Skill development and certification courses

Select Your States for Education Loan