Frequently Asked Questions

No collateral required up to ₹40 Lakhs. For loan amounts above ₹40 lakhs, collateral such as property, FD, LIC, or other securities may be required. We offer the highest unsecured loan limit in the industry.

Interest rates start from 8.5% p.a. The actual rate depends on various factors including loan amount, credit score, co-applicant profile, course, and university. Use our EMI Calculator to estimate your monthly payment.

We provide loan approval within 48 hours of receiving complete documentation. This is one of the fastest approval times in the industry. Pre-approval can be done even faster - within 24 hours.

Student: Admission letter, passport, ID proofs, academic records, test scores. Co-applicant: Income proof, bank statements, ID proofs. View complete document checklist.

Yes, you can apply with a conditional offer letter. We'll provide pre-approval. Final disbursement requires unconditional admission letter and visa approval.

Courses: UG, PG, MBA, MS, MBBS, BTech, Executive programs, and other professional degrees. Countries: USA, UK, Canada, Australia, Germany, and 25+ other countries worldwide.

No, you get a moratorium period (course duration + 6-12 months) during which you don't need to pay principal EMI. However, you can optionally pay simple interest during this period to reduce overall loan cost.

Zero prepayment charges! You can prepay the entire loan or make part-payments anytime after the moratorium period without any penalties. This helps you save on interest.

Processing fees are typically 1-2% of loan amount (capped at specific limits). This is a one-time fee charged at loan disbursement. No hidden charges - we maintain complete transparency.

Yes! Our education loan sanction letter is accepted by embassies worldwide as proof of financial capability for student visa applications (USA, UK, Canada, Australia, Germany, etc.).

You can change your university before disbursement by informing us. We'll update the loan details accordingly. The sanction letter is valid for 6 months giving you flexibility.

If your visa is rejected, the loan will not be disbursed and you won't have any liability. You can reapply for visa or apply to a different country, and we'll support your application.

Loan is disbursed directly to university for tuition fees, and to your account for living expenses. Disbursement happens in stages based on university payment schedule and visa approval.