How we get on educational loan 

The educational loan is a type of loan designed to help students for post Secondary Education associated fees such as books,  supplies and living expenses.An education is must for a complete and a successful life. The cost of education is increasing. The cost of studying at a reputed institution is already quite and  high.

             parents who want to provide their children with the best education,  invest their money in mutual fund, fixed deposits for a long term.An educational loan plays an important role helping to make a  bridge gap between the short fall and required amount. An educational loan cover basic course fee, accommodation, exam and other charges.

 Who can apply

  •  student
  •  the parent /spouse of a student

Types of course under the loan

  •  Full time 
  •  Part time 
  • Graduation or post education in engineering
  •  Management
  •  Medical 
  • Hotel management
  •  Architect


  • Must be an Indian
  •  Admission in a college recognised by competent authority 
  • The student must complete at Higher Secondary Level 
  • Admission letter
  • SSLC marksheet
  • Fee structure
  • Income documents


  • 100% loan depending on amount 
  • For in India 5 % of money financed by applicant 
  • for Overseas the margin money increases to 15 percentage 
  • loans above 4 lakh upto 7.5 lakh required  third party guarantee
  •  the bank disburse the amount directly to college 


  • The loan repaid by student,  when the course is completed
  • Some banks give relaxation period 6 month, after a job 
  • The period between 5 to 7 years 
  • In this period the bank charges simple interest rate.

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