Our dedicated team is here to guide you through every step of your education loan journey.
FAQs
Frequently Asked Questions
Quick answers to questions you may have about our education loan services
We provide in-principle approval within 48 hours for eligible applicants with complete documentation. Once approved, the loan disbursement typically takes 3-5 business days after the final verification.
Required documents include: ID proof (Aadhar/PAN/Passport), address proof, admission letter from the university, academic records (10th, 12th, graduation mark sheets), co-applicant income proof (salary slips, ITR), and bank statements for the last 6 months.
Yes, prepayment is allowed with zero prepayment charges after the moratorium period ends. You can make partial or full prepayments anytime without any penalty, helping you save on interest costs.
For loans up to ₹40 Lakhs, no collateral is required. For higher loan amounts, we may require collateral depending on the loan amount and your profile. Our team will guide you through the process.
Interest rates start from 8.5% p.a. and vary based on factors like loan amount, course, university, and your co-applicant's credit profile. Contact us for a personalized interest rate quote.