About Education Loan

Education loan in India are offered for studies in India as well as abroad. Students applying for Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/universities approved by UGC/ AICTE/IMC/Govt., Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM, Teacher training/ Nursing courses approved by Central government or the State Government,Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping/ concerned regulatory authority, Job oriented professional/ technical Graduation Degree courses/ Post Graduation Degree and Diploma courses like MCA, MBA, MS, etc offered by reputed universities, Courses conducted by CIMA (Chartered Institute of Management Accountants) – London, CPA (Certified Public Accountant) in USA etc can apply for education loan.

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Education Loan

A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured. Repayment period of upto 15 years after Course Period + 12 months of repayment holiday*, No processing / upfront charges will be levied on Education loans.

Scholar Loan

Loan for pursuing higher education in Select Premier Institutions of the country, 100% Financing, NO Processing Fee, Quick sanction at Designated Campus Branch or more than 5000 Selected Branches all over the country,Repayment period of upto 15 years after Course Period + 12 months of repayment holiday.

Skill Loan

A term loan granted to Indian Nationals for pursuing Skill development courses in India.  Courses run by Industrial Training Institutes (ITIs), Polytechnics, training partners affiliated to National Skill Development Corporation (NSDC)/ Sector Skill Councils, State Skill Mission, State Skill Corporation, preferably leading to a certificate / diploma / degree issued by such organization as per National Skill Qualification Framework (NSQF) are eligible for a Skilling Loan.Schools recognized by Central or State Education Boards or Colleges affiliated to recognized university leading to a certificate / diploma / degree issued by such organization as per National Skill Qualification Framework (NSQF) is eligible for a Skilling Loan.

Interest Subsidy Schemes for OBC's & EBC's Students

The scheme of Interest Subsidy on educational loans for overseas studies will promote educational advancement of students from Other Backward Classes and Economically Backward Classes. objective of the scheme is to award interest subsidy to meritorious students belonging to the Other Backward Classes and Economically Backward Classes so as to provide them better opportunities for higher education abroad and enhance their employability.

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Features of Education Loan

All loans are not created equal, personal loan has become a great option for people to use.

Faster Loan

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Choose your amount

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Education Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Age

Minimum 17  Year for Graduation

Income

No Guarantee Required

Courses

In India & Abroad Covered.

Frequently Ask Questions

Still you have questions ?

Yes you can pay off your loan anytime after paying 6 installments.

No, an entity can take multiple education loans without pledging any security.

Whenever you needs to meet your business objective.

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Now apply for a Loan online, All you need to do is provide your details below application form.