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Bakshi House 40-41 (Near Chiranjiv Tower), Nehru Place, New Delhi, Delhi 110019
07:30 am – 05:30 pm Mon-Fri

Request A Callback

Are you planning to support the dream of your children for studying abroad? Do you want to afford a financial backup plan from the banks? Worry no more as the leading brands have prepared a perfect platform to find the best Education Loan plans you can afford and make all the dreams come true. Request a callback for detailed assistance from our representatives to find and compare the ideal education loan plans for you.

Education Loan: The step towards a brighter future

Money borrowed from a bank or any lending institution for the sake of studies in an educational institute is called education loan. The banks and NBFCs will apply rules and terms to the borrowed money the borrower has to follow. Easy monthly installments will be designed applying interest rates so that the borrower finds it convenient to return the money within fixed tenure.

Both government and private banks offer education loans to the needy so that the dream of studying in a prestigious institution is carried on and fulfilled. Whether the institution is in India or abroad, the banks decide the risk factors considering the credibility of the borrower, name of the institute, credit history, academic level of the achiever, etc. It is now easy to find Education Loan online and gather information before taking any decision.

What is covered in an education loan?

The education loan offered by a bank generally covers course fee, academic-related expenses, exam fee, accommodation, and other expenditure after the consent of the borrower. The bank will thoroughly check the documents regarding the next step of education offered to a candidate before finalizing the loan. There are mandated steps and formalities that a lender will follow. It is easier to get Education Loan by our diligent assistance.

The bank will check on compatibility of eligibility criteria. The applicant must be an Indian citizen, must have secured admission in a college/institute/university. The student must pass the higher secondary level. RBI has removed the upper age limit for education loans. A few of the private banks may still have an upper limit regarding age.

Education finance and collateral requirement

On searching online Education Loan, one can get 100% loan amount disbursed. An amount up to INR 4 Lakh will not need any collateral from the banks. 5% of the disbursed amount will have to be paid by the borrower for indigenous study plans whereas the amount increases to 15% for a curriculum in a foreign institute.

Get the best education plans

Visit, find and compare Education Loan. If you need further assistance, our representatives are here to provide the best knowledge of the ongoing loan.

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