Education Loans

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Fundbag brings you Education Loans for studies both in India and abroad starting from Rs. 50,000 at attractive interest rates. With education loans, you can enjoy a host of benefits such as simple documentation, quick loan disbursal, tax benefit u/s 80(E), long repayment tenure, etc. Find out more about the features and benefits of Student Loan in India, below.

Our 
Promise

01

Avail high value loans

  • Minimum - Rs. 50,000

  • The loan will cover tuition fees, hostel charges (if any), cost of books, etc

03

Pre Admission Sanction

Get Sanction letter before admission based on your profile

05

Avail education loans for a variety of courses

Education loans are given to worthy students who have obtained admission to career-oriented courses like medicine, engineering, management, etc. either at the graduate or post-graduate level.

02

Enjoy attractive interest rates

Get Repo rate linked Interest Rates

04

No margins on education loans

  • No margin on education loans upto rs. 4,00,000

  • 5% margin on education loans above Rs. 4,00,000 for studies within India

  • 15% margin on education loans above Rs. 4,00,000 for studies overseas

06

Easy loan disbursal

Within 15 working days from the date of receipt of the complete education loan application along with all documents required by the bank for a proper appraisal