Terms and Conditions
How to Apply?
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Calculate your EMI
Select Loan(Up to ₹ 1,00,000)
(Minimum 3000 Rs. is required)
Select tenure? (2 or 3 months)
(Minimum 2 months EMI)
Get Education Loan
Co-applicant Documents Required
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.
What does a Education Loan cover?
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.
Education Loan Eligibility Criteria
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.
Benefits of Education Loan
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.