Fastest Education Loan Up To ₹50 Lakh

Choose BankStore for quick, affordable education loans. Enjoy instant approvals, low rates, and a fully digital process for loans from ₹1 Lakh to ₹50 Lakh.

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Features of Our Education Loan

Loan Amount: ₹1,00,000 to ₹50,00,000
Covers Tuition, Hostel, Books & Travel
Flexible Repayment: 5 to 15 years
Fast Approvals with Minimal Documentation
100% Digital Process - Apply from Home
Attractive Interest Rates: Starting from 9.5% p.a.*
Loans Available for India & Abroad Studies

Use Your Education Loan For

Undergraduate & Postgraduate Courses
Professional & Technical Programs
Study Abroad Expenses (Visa, Travel, Fees)
Books, Laptops & Educational Materials
Living, Hostel & Insurance Charges

Eligibility Criteria for Education Loan

Age Requirement

18 to 35 years old

Credit Score

Preferably 600+ (for co-applicant)

Academic Qualification

Confirmed admission in a recognized institution

Nationality

Indian Citizen

Minimum Monthly Income

₹20,000 (for co-applicant)

Co-Applicant

Mandatory (Parent / Guardian / Sponsor)

Your Loan EMI Calculator

Amount

Rate of Interest (Per Annum)

ROI: 10.5%

Tenure

Tenure: 3 Years

Your Monthly EMI Payment

₹16,251

Principal Amount ₹5,00,000

Interest Amount ₹85,044

Total Amount ₹5,85,044

Loan Product Suite – Use Cases

Education Loan for India

Education Loan for Abroad

Loan for MBA / Engineering / Medical

Loan with Collateral / Without Collateral

Top-up Loan for Education Continuation

FAQs – Education Loan

What is an Education Loan? +

An Education Loan is a financial product that covers tuition fees, books, hostel charges, travel, and other academic expenses. Students can apply for studies in India or abroad and repay after the course or during early employment.

Do I need a co-applicant? +

Yes. Most lenders require a parent, guardian, or sponsor as a co-applicant to ensure repayment support and increase loan eligibility.

What documents are required? +

Students need KYC, admission letter, fee structure, academic records, and co-applicant income proof such as salary slips, ITRs, and bank statements.

How much loan can I get? +

Loan amounts range from ₹1 Lakh to ₹50 Lakh depending on course, institution, and co-applicant eligibility.

Can I get a loan without collateral? +

Yes, unsecured (no collateral) loans are available up to approved limits depending on credit score and income profile.