INDIA • ABROAD • ALL COURSES

Education Loan

Invest in your future with education loans for studies in India and abroad. Moratorium period during course, tax benefits, and competitive interest rates.

9.5% p.a.

Interest Rate

₹1.5 Crore

Max Amount

15 Years

Max Tenure

Key Benefits

Study Anywhere

Loans for courses in India and abroad at recognized universities and institutions.

Moratorium Period

No EMI during course duration plus 6-12 months after completion (grace period).

Tax Benefits

Full interest deduction under Section 80E for up to 8 years of repayment.

Comprehensive Coverage

Covers tuition fees, hostel, books, equipment, travel, and other education expenses.

No Collateral

Loans up to ₹7.5 lakhs without any collateral under government scheme.

Flexible Repayment

Repayment begins after course completion and job placement, reducing financial stress.

Eligibility Criteria

Student Age16 – 35 Years
Co-applicantParent / Guardian
AdmissionConfirmed Admission Letter
Course TypeGraduate / Post-Graduate / Professional
InstitutionRecognized by UGC / AICTE
Academic RecordGood Academic History

Required Documents

Student Aadhaar Card / PAN Card
Co-applicant KYC documents
Admission letter from institution
Fee structure / cost of education
Mark sheets (10th, 12th, graduation)
Co-applicant income proof / ITR
Co-applicant bank statements
Collateral documents (if applicable)

Frequently Asked Questions

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EMI Calculator

10,00,000
₹50K₹1 Cr
10%
6%24%
7 Years
1 Yr30 Yrs

Monthly EMI

16,601

Principal Amount

10,00,000

Total Interest

3,94,499

Total Payment

13,94,499

Principal 72%Interest 28%