Education Loan - Benefits

Features and Benefits of our Education Loan

• Flexible Financing: Cover tuition fees, living costs, books, travel, and more.
• Wide Course Range: Available for school, undergraduate, postgraduate, professional, and vocational courses in India and abroad.
• Affordable Rates: Competitive interest rates for cost-effective borrowing.
• Moratorium Period: Repayment typically starts after the completion of the course, giving time to secure employment.
• Collateral Options: Choose between collateral and non-collateral loans based on your requirement.
• Co-borrower Support: Parents or guardians can be co-borrowers to enhance eligibility.
• Tax Benefits: Interest repayment may be eligible for deductions under Section 80E of the Income Tax Act.
• Convenient Application: Apply online for a fast and hassle-free process.
• Direct Disbursement: Loan amount is disbursed directly to the educational institution.
• Tailored Repayment: Flexible repayment options including EMIs, step-up, and bullet repayment plans.
• Inclusive Eligibility: Open to Indian residents, NRIs, and certain foreign nationals.
• Future Studies Covered: Some loans may include funding for further courses.
• Added Value: Some lenders provide insurance coverage and career guidance services.