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Education Loan

Invest in the degree. Repay later.

Studying in India or abroad, we help students and parents find the right lender, the right security and a repayment holiday that starts after the course ends.

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5.5%Rates from*
₹7.5 LWithout collateral*
15 yrsMax tenure
EMI estimateIndicative · actual rate depends on your profile
Monthly EMI₹0
Total interest ₹0Total payable ₹0
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What it covers

Built around what you need.

Study in India

Engineering, medicine, MBA and other recognised courses.

Study abroad

Tuition, living costs, travel and visa expenses for overseas universities.

Collateral-free loans

Smaller amounts without security, under government credit guarantee schemes.

Secured loans

Higher amounts and lower rates with property or FD as collateral.

Pre-admission sanction

An in-principle letter to support your visa (I-20 / CAS) application.

Refinance

Move an existing education loan to a lower rate.

Eligibility

Who qualifies.

Typical lender criteria. Every bank sets its own rules, and we know which ones fit your profile.

Student
Indian national with confirmed admission to a recognised course
Co-applicant
Parent, guardian or spouse with a regular income
Academics
Good academic record; some lenders shortlist by university
CIBIL
Co-applicant's score of 700+ helps get better terms
Collateral
Usually needed for amounts above ₹7.5 lakh, though some lenders go higher for top universities
Documents

What to keep ready.

A starting list. We'll confirm the exact set for your lender before you collect anything.

  • PAN card (student and co-applicant)
  • Aadhaar card (student and co-applicant)
  • Passport-size photographs (student and co-applicant)
  • Address proof (utility bill, rent agreement or passport) (student and co-applicant)
  • Admission letter from the institute
  • Fee structure / cost of study
  • Academic mark sheets (10th, 12th, graduation)
  • Entrance / test scores (GRE, GMAT, IELTS etc. if abroad)
  • Co-applicant's income proof (salary slips or ITR)
  • Collateral documents for higher amounts
Why use a consultant

What we do that a bank won't.

01

Bank vs NBFC

Public banks are cheaper but slower; NBFCs are faster and more flexible. We match the choice to your deadline.

02

Visa timelines

We push for sanction letters in time for your university and visa deadlines.

03

Margin & collateral

We help you work out the parent's contribution and whether collateral will get you a better deal.

FAQ

Education Loan questions.

When does repayment start?
Most education loans have a moratorium for the course duration plus 6–12 months. Interest usually accrues during this period; paying just the interest while studying reduces the total cost.
Can I get an education loan without collateral?
Yes, typically up to ₹7.5 lakh under the government credit guarantee scheme, and higher with some NBFCs for well-ranked universities. Larger amounts at the lowest rates usually need collateral.
Is there a tax benefit?
Interest paid on an education loan may be deductible under Section 80E for up to 8 years, under the old tax regime. Please confirm with your CA.
What expenses are covered?
Tuition, hostel and living costs, books, laptop, travel and exam fees are commonly covered, subject to the lender's limits and the university's cost estimate.

Talk to Nandini about your education loan.

21 years, 70+ lenders, one conversation. Free, and no obligation.

Call 9881139990 Send an enquiry

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