Student Loan

Student Loan

A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.

Features

  • Repayment period of upto 15 years after Course Period + 12 months of repayment holiday*
  • Processing Charges
    • Loans upto Rs. 20 lacs : NIL
    • Loans above Rs. 20 lacs: Rs. 10,000 (plus taxes)
  • Security
    • Upto Rs. 7.5 Lacs:Only Parent/ Guardian as co-borrower. No Collateral Security or third party guarantee
    • Above Rs. 7.5 Lacs:Parent/ Guardian as co-borrower and tangible collateral security
  • Margin
    • Up to Rs 4 Lacs - Nil
    • Above Rs 4 Lacs - 5% for studies in India, 15% for studies in abroad
  • Repayment will commence one year after completion of course.
  • Loan to be repaid in 15 years after the commencement of repayment
  • In case second loan is availed for higher studies later, to repay the combined loan amount in 15 years after completion of second course
  • EMI Generation
    • The accrued interest during the moratorium period and course period is added to the principle and repayment is fixed in Equated Monthly Installments (EMI).
    • If full interest is serviced before the commencement of repayment; EMI is fixed based on principle amount only.

Loan amount

Get up to ₹ 30 lakhs as an education loan.Avail loans of up to ₹ 7.5 lakh without collateral

Interest rates

Get preferential rates for top ranked colleges and universities

Our Features

We Are A Trusted Company With Years Of Experience

We provide loans to individual as well as group members in the under developed regions of India for a range of income-generating activities.

Income Generating Loan

The Company offers loans for income-generating activities such as livestock, agriculture, trading and production businesses

Individual Lending

Under individual lending, loan officers bear principle responsibility for loan decisions; they screen, and monitor their clients

Utility Loans

From Open Energy Information. Loan programs provide financing for the purchase of renewable energy or energy efficiency systems or equipment.