Get Education Loan

Documents Required

Aadhar
Aadhar Card
Pan Card
Pan Card
Passport
Passport
Admission Letter
Admission Letter
Fees
Fees proof
Academic Records
Academic Records

Co-applicant Documents Required

Aadhar
Aadhar Card
Pan Card
Pan Card
Salary Slips
Salary Slips
Bank Statement
Bank Statement

FAQ

A loan granted to Indians for pursuing education in India or abroad where admission has been secured.Repayment period of upto 5 years after Course Period.
  • Fees payable to college,school,hostel.
  • Fees required for graduation,post graduation,management courses in Indian and Foreign Universities.
  • Fees paid for Exams, Library, Laboratories, etc.
  • Amount required for purchase of books, uniforms, equipment and instruments,computer etc.
  • Additional costs required to complete the course, Study tours, Thesis work, Projects, etc.
  • Costs incurred in travel, specifically for studies abroad.
  • Should be an Indian citizen.
  • Should have a confirmed admission offer from a recognized college/institution.
  • Should apply for an education loan with a co-applicant who has a regular source of income.
  • The co-applicant must be an Indian citizen and could be a parent, sibling, legal guardian, or a relative.
  • The co-applicant must have a bank account in any bank in India, with cheque writing facilities.
  • Anyone can opt for Education loan to study abroad or in India.
  • Loan cannot be assigned to the student alone, the parent or guardian needs to be co-signor for the loan.
  • Female students are offered special discounts.
  • The annual family income and the course pursued by the education loan applicant are primary determinants of the loan amount.
  • Instant loan within 24 hrs of loan approval.
  • Avail loan upto 5 lakhs.