Abroad Studies… this is what you might be thinking in your mind. Focus on pursuing the course of your choice and secure a great education. We bring to you simplified Education loan which aims to finance students who choose to pursue higher education.
Now you need not wait for college offer letter to initiate the loan process; all you need to do is submit a document which substantiates the course detail and its cost; which may be generated through college website, self declaration or through consultants’ intimation.
This new practice shall enable you to initiate loan process prior to formally obtaining offer letter thereby saving time for loan processing and avoid rush period of seasonal sessions.
Features of Education Loan
- Attractive & competitive interest rate
- Moratorium period up to maximum of 4 years or course duration whichever is earlier
- Personal counseling throughout the process
- Simplified documentation requirements
Interest Rate of Loan
- 15.99% -16%
Terms & Condition for Repayment of Loan
- Member should be pay EQI (Equated quartely installement basis)
- Interest should be paid per month