Apply Now For Fast Education Loan Up To ₹50 Lakh
We are Bankstore – India’s trusted loan partner, helping you achieve your academic goals with ease. Enjoy fast approvals, competitive interest rates, and a 100% digital process. Join thousands of successful students today. Apply now for Education Loans starting from ₹1 Lakh to ₹50 Lakh.
- Quick Disbursal
- Hassle-Free Paperwork
- 100% Online Application
- Trusted by Students Across India
Features of Our Education Loan:
- Loan Amount: ₹1,00,000 to ₹50,00,000
- Flexible Tenure:Up to 15 years repayment options
- Fast Approval:Get pre-approved in minutes
- Online Process:Apply from your home, 100% digitally
- Minimal Documentation:PAN, Aadhaar, Admission Proof, Income Proof
- Attractive Interest Rates: From 9.0%-12% p.a.*
- Covers All Academic NeedsTuition fees, hostel, books, travel, and more
Use Your Education Loan For:
- Studies in India or Abroad
- Undergraduate and Postgraduate Courses
- MBA, Engineering, Medical, Professional Degrees
- Vocational & Certificate Programs
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(for co-applicant):
₹20,000
Co-applicant:
Mandatory (Parent/Guardian/Sponsor)
Documents Needed
- PAN Card
- Aadhar Card
- Admission Letter
- Fee Structure from Institution
- Marksheets (10th, 12th, Degree)
- Co-applicant's Income Proof (Salary Slips/ITR)
- Address Proof
- Bank Statements (Last 6 months)
- Recent Passport-Size Photographs
How to Apply for a Education Loan ?
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
Education Loan EMI Calculator
Easily calculate your monthly Education Loan EMI with our quick and accurate calculator. Just enter the loan amount, interest rate, and tenure to get instant results. Perfect tool for planning your finances smartly.
Your EMI Details
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Total Interest Payable
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Total Payment
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Everything You Need to Know About Education Loans in India
Pursuing higher education in India or abroad has become more accessible thanks to the rising availability of Education loans. With the rising cost of quality education, most families now consider educational financing a practical and smart solution. An education loan helps bridge the gap between aspirations and affordability, enabling students to pursue their academic dreams without financial stress.
Whether it’s an engineering degree from a top IIT, a management course from IIM, or a master's program from an international university, education loans are tailored to suit diverse educational needs. In this guide, we’ll take a deep dive into education loan in India, including crucial aspects like education loan interest rate, Education loans eligibility, and how to use an Education Loan Calculator to plan your finances better.
Frequently Asked Questions (FAQ)
- Personal loans :
For personal needs such as travel, education, or emergencies.
- Home Loan :
For purchasing, constructing, or renovating a house.
- Business Loan :
For expanding your enterprise.
- Education Loan :
For studies in India or abroad.
- Used Car Loan :
For a pre-owned car, Loan Against Used Car.
- Loan Against Property :
Secured loan using property as collateral.
- Students with confirmed admission
- Co-applicant (Parent/Guardian)