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Education Loan & School Financing

From school fees to a degree in India or abroad — fund your child's future without touching your savings. Flexible repayment, a study-period moratorium and tax benefits, handled end to end.

1.5 Cr
Loan up to (abroad)*
9.5% p.a.
Interest starting from*
Up to 15
Years to repay

*Indicative. Amount, rate and collateral depend on course, institution and lender.

Why this loan

Features & benefits

Covers everything

Tuition, exam & library fees, hostel, books, laptop and even travel for abroad study.

Study-period moratorium

Repayment can begin after the course (plus a grace period) — not during it.

Tax benefit

Interest paid is eligible for deduction under Section 80E of the Income Tax Act.

India & abroad

Fund studies at recognised institutions in India or overseas.

School fee financing

Spread school and junior-college fees into easy instalments instead of one lump sum.

Protect your savings

Keep your investments intact and let the loan fund education at a low rate.

Eligibility

Who can apply

  • Indian student with confirmed admission to a recognised course
  • A parent / guardian / spouse as co-applicant
  • Course at a recognised school, college or university (India or abroad)
  • Co-applicant with steady income to support repayment
  • Collateral may be needed for higher amounts (we'll advise)
Documents

Documents required

Student & co-applicant KYC

  • PAN, Aadhaar & address proof of both
  • Passport & visa (for study abroad)

Academic & income

  • Admission letter & fee structure
  • Mark sheets & co-applicant income proof / bank statements

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Education loan FAQs

Questions, answered

Can I finance school fees, not just college?

Yes. We offer school-fee financing that spreads school and junior-college fees into easy instalments, alongside traditional higher-education loans.

When do I start repaying?

Most education loans offer a moratorium — repayment usually starts after the course ends, plus a grace period of a few months, so the student can settle into a job first.

Does it cover studying abroad?

Absolutely. We finance recognised courses in India and overseas, covering tuition, living costs and travel, with higher limits for abroad study.

Is there a tax benefit?

Yes — the interest paid on an education loan is eligible for deduction under Section 80E. We'll explain how it applies to you.

Invest in their future

Fund education the smart way.

Free, no-obligation guidance at the lowest possible rate.

Loan Bandhu
95190 66658
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