Comprehensive student financing for premier universities in India and abroad.
Education loans up to ₹75 Lakh covering tuition, accommodation, travel and study material, with a course-period moratorium and Section 80E tax deduction benefits.
Academic financing built around your course timeline
Underwriting focused on university accreditation and graduate employability, with zero principal repayment during study.
India & abroad
Fund courses at recognised universities across the world.
Repayment holiday
Moratorium for the course period plus up to 12 months.
Tax benefit u/s 80E
Interest paid is eligible for deduction under Section 80E.
Up to 100% funding
Tuition, accommodation, travel, laptop and more.
Expenses covered under sanction
Comprehensive coverage of both direct institutional fees and essential living expenses for domestic and international programs.
Complete cost-of-attendance breakdown & Section 80E advantages
Our education loan sanctions cover every academic and overseas living requirement while reducing your family's effective tax burden under Section 80E of the Income Tax Act.
| Expense Head | Coverage Scope | Disbursal Mode |
|---|---|---|
| Tuition & University Fees | Up to 100% of official I-20 / CAS / Offer Letter fee schedule | Direct to University |
| Hostel & Off-Campus Living | Rent, meal plans, utilities & German Blocked Account / Canadian GIC | Student / Blocked A/c |
| Travel & Student Visa / Insurance | One-way / round-trip international airfare, health insurance & visa fee | Reimbursement / Direct |
| Laptop, Books & Lab Equipment | Course software, laptop, textbooks, thesis & study tour expenses | Student Bank Account |
| Caution Deposit & Building Fund | Refundable institutional deposits & library/laboratory fees | Direct to Institution |
Section 80E Tax Deduction
Claim 100% of the interest component paid on your education loan as a deduction from taxable income for up to 8 consecutive assessment years with no upper monetary cap.
Course + 12 Months Moratorium
Zero principal EMI burden during your full study duration plus a 6 to 12-month post-graduation grace period while you transition into full-time employment.
Unsecured Premier Tier
Collateral-free sanctions up to ₹40 Lakh for admissions to IITs, IIMs, ISB, NITs, AIIMS, and top 300 QS-ranked global universities.
Pre-Visa Sanction Letter
Expedited conditional sanction letters issued within 48 hours to meet US I-20, UK CAS, German Sperrkonto, and Canadian GIC deadlines.
Student & co-applicant requirements
Clear qualification guidelines for undergraduate, postgraduate, and doctoral candidates.
Eligibility Criteria
Applicable to recognised universities and colleges in India and abroad.
- Indian student aged 16 to 35 years
- Confirmed admission to a recognised institution
- Parent / guardian as co-applicant with regular income
- Co-applicant monthly income of ₹15,000 or above
- Collateral may be required for loans above ₹7.5 Lakh
Required Documents
Keep academic transcripts and co-applicant income records ready for rapid sanction.
- Admission letter and fee structure from the institution
- Academic records (10th, 12th, graduation as applicable)
- KYC of student and co-applicant (PAN, Aadhaar)
- Co-applicant income proof (salary slips / ITR)
- Passport, visa and entrance scores (for study abroad)
Calculate your education loan EMI
Estimate monthly installments across extended repayment tenures of up to 15 years (180 months).
Calculated on a monthly reducing-balance basis. Processing fees and statutory taxes are separate as per the Schedule of Charges.
Repayment Amortisation Schedule
Periodic breakdown of principal recovery, interest expense, and declining balance.
| Year | Principal (₹) | Interest (₹) | Total EMI Paid (₹) | Closing Balance (₹) | Principal Repaid |
|---|
Student & parent queries
Details on course moratorium periods, Section 80E tax deductions, and co-applicant rules.
Our education credit desk issues pre-admission and pre-visa sanction letters within 48 hours.
Consult our education loan deskWhen do I start repaying my education loan?
Which expenses are covered?
Do I get tax benefits?
Is a co-applicant mandatory?
Secure financing for your university admission
Apply online for domestic or overseas education credit with zero prepayment penalties and Section 80E tax benefits.