Education Loan

Loan types

Education Loan

No financial barriers to your education, our education loans have got you covered.

Loan Description

An education loan is a sum of money borrowed to finance post-secondary education or higher education-related expenses. Education loans are intended to cover the cost of tuition, books and supplies, and living expenses while the borrower is in the process of pursuing a degree. Payments are often deferred while students are in college and an additional six-month period after earning a degree. This deferment period is also referred to as a "grace period." All applicants have to fulfil the eligibility criteria and submit their relevant documents.

Eligibility Criteria

• Higher Education admission has been secured. • Nationality: Indian • Age: 18 years to 30 years*

Loan Documents

• KYC documents - Aadhaar/ passport/ voter’s ID/ driving license/ letter from NPR/ NREGA job card • PAN card • Mark sheet of 10th, 12th, Graduation (if applicable), Entrance Exam Result • Proof of admission to course [ Offer/ Admission Letter/ ID card if available] • Schedule of expenses for course • Bank Account Statement for the last six months of Parent / Guardian/ Guarantor

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