Make your educational dreams a reality with our specially designed education loan. Flexible repayment, low interest rates, and hassle-free processing for students and parents.
We understand the importance of education and offer tailored solutions to help you achieve your academic goals
Starting from 7.5% p.a. with special rates for merit students and premier institutions
Study now, pay later. Repayment starts after course completion + 6 months
Financing available for both domestic and international education programs
Cover tuition fees, living expenses, travel, books, and equipment costs
Students can apply with parents or guardians as co-borrowers
Get tax deductions on interest paid under Section 80E of Income Tax Act
Our education loan covers all your academic and living expenses, ensuring you can focus on your studies without financial stress.
Applicants must be 18 to 35 years old
Confirmed admission to recognized institution
Minimum 50% in previous qualifying exam
Eligible for both Indian citizens and NRIs
Parent/Guardian as co-borrower required
Full-time degree/diploma programs
Permanent or current residential proof required
Healthy credit profile preferred but not mandatory
21 to 65 years old
as per loan policy
Salaried, self-employed,
or retired with pension
Minimum yearly income
of ₹3,00,000 or above
CIBIL score of 650+
required for approval
Valid permanent or current
address proof required
KYC papers and income
proof documentation
Loan must be used for
education-related needs
Parent or guardian must
be a joint applicant
Calculate your education loan EMI instantly
Get your education loan approved in just 4 easy steps
Fill out the online application form with basic details and upload required documents
Our team verifies your documents and admission letter within 24-48 hours
Receive loan approval and sanction letter with detailed terms and conditions
Loan amount disbursed directly to your institution or your account as per requirement
You can avail an education loan up to ₹50,00,000 (50 Lakhs) depending on the course, institution, and your co-applicant's financial profile. For studies abroad at premier institutions, higher amounts may be considered.
Repayment starts after the completion of your course plus a moratorium period of 6 months (or up to 1 year for certain courses). During the study period, you only need to pay the interest (simple interest), or you can opt for complete moratorium where interest is capitalized.
For loans up to ₹7.5 lakhs, no collateral is required. For amounts above ₹7.5 lakhs, collateral in the form of property, fixed deposits, or other acceptable securities may be required based on the loan amount and institution.
Currently, education loans are primarily available for full-time, regular courses at recognized institutions. However, certain professional certification programs and online courses from premier institutions may be considered on a case-by-case basis.
Key documents include: Admission letter from institution, Academic records (10th, 12th, graduation mark sheets), Identity and address proof (Aadhaar, PAN, Passport), Co-applicant's income proof (salary slips/ITR), Bank statements (last 6 months), and Cost of study breakdown from institution.
Yes! Under Section 80E of the Income Tax Act, you can claim a deduction for the entire interest paid on the education loan. This benefit is available for 8 years or until the interest is fully repaid, whichever is earlier. There is no upper limit on the deduction amount.
Apply now and get quick approval for your education loan. Our team is here to help you every step of the way.