Education Loan
Interest from 7.35% p.a.
Education loans help students pursue higher education without financial constraints. Whether it's engineering, MBA, medicine, or studying abroad, education loans cover tuition fees, living expenses, travel, and other costs. With moratorium periods and tax benefits, education loans are the smart way to fund your academic dreams.
Interest Rate
7.35%
Tenure
5 - 20 Years
Processing Fee
Nil to 1% (many banks offer zero processing fee)
Interested in Education Loan?
Submit your enquiry and our experts will help you find the best loan option.
Apply NowCalculate EMICall: +91 70215 43870Key Features
Moratorium Period
Repayment starts after course + 6-18 months
100% Finance
Maximum Funding
Tax Benefits
Under Section 80E
Abroad Studies
Special schemes for foreign education
Eligibility Criteria
Basic Requirements
- Age: 18 to 35 years
- Minimum CIBIL Score: 700
Employment Type
Additional Requirements
- Admission to recognized institution
- Co-applicant (parent/guardian) required
- Academic merit considered
Special Scheme - Selected Universities
Get rate concession of 0.10% - 0.25% for partner universities
Contact us for the complete list of eligible universities
Required Documents
View All Documents →Aadhaar Card*
12-digit unique identification number issued by UIDAI
Alternatives: Passport, Voter ID, Driving License
PAN Card*
Permanent Account Number for tax identification
Passport Size Photos*
Recent color photographs (2-4 copies)
Address Proof*
Current residential address verification
Alternatives: Utility Bill, Bank Statement, Aadhaar Card, Passport
Admission Letter*
Offer letter or admission confirmation from institution
Fee Structure*
Detailed fee breakdown from institution
Co-applicant Income Proof*
Parent/guardian's income and KYC documents
Benefits of Education Loan
Moratorium period - no EMI during study
100% financing for premier institutions
Interest subsidy under government schemes
Tax deduction under Section 80E
Special rates for meritorious students
Rate concession for selected universities
Frequently Asked Questions
When does education loan repayment start?
What is the special scheme for selected universities?
Ready to Apply for Education Loan?
Submit your enquiry now and get expert guidance on the best education loan options for your needs.