Education Loan

Loan Amount:
You can avail an education loan starting from 1 Lakh, with no upper limit, depending on your course and institution. The loan amount is designed to cover all your educational expenses, including tuition, accommodation, and other related costs.

Own Contribution:
A minimal contribution of 5-10% of the total course fee is typically required from the borrower. This small investment on your part demonstrates commitment and is a standard requirement for loan approval.

Subsidy:
Eligible students can benefit from zero or low-interest rates, thanks to government subsidy schemes aimed at making higher education more accessible. This reduces the financial burden on students and their families, making it easier to focus on studies without worrying about high-interest repayments.

Security:
For loans up to 7.5 Lakhs, no collateral or security is required, allowing students to secure funding without pledging any assets. This makes it easier for students to access the funds they need to pursue their education.

Purpose:
The loan is specifically designed for students pursuing higher education, including undergraduate, postgraduate, and professional courses. It covers a wide range of academic programs, ensuring that you have the financial support needed to achieve your educational goals.

Screening

Thoroughly evaluate applicants to ensure eligibility for government-subsidized loans.

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Verification

Digitally verify all required documents to meet government and bank standards.

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Select Scheme

Help you choose the best loan scheme tailored to your needs and eligibility.

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Connect

Seamlessly link beneficiaries with banks and government bodies for swift loan processing.

Who Can Apply?

- Students who have secured admission in recognized institutions in India or abroad
- Parents or guardians can also apply on behalf of the student
- Co-borrowers with stable income may be required for larger loan amounts

Benefits

- Flexible repayment options tailored to your education and career path
- Access to government-subsidized interest rates, reducing the overall cost of your education
- Easy online application process with minimal documentation required
- No collateral needed for loans up to 7.5 Lakhs, making it easier for students to secure funding
- Covers a wide range of expenses including tuition fees, accommodation, books, and other related costs

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