Education Loans
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
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Avail high value loans
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Minimum - Rs. 50,000
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The loan will cover tuition fees, hostel charges (if any), cost of books, etc
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Pre Admission Sanction
Get Sanction letter before admission based on your profile
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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.
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Enjoy attractive interest rates
Get Repo rate linked Interest Rates
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No margins on education loans
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No margin on education loans upto rs. 4,00,000
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5% margin on education loans above Rs. 4,00,000 for studies within India
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15% margin on education loans above Rs. 4,00,000 for studies overseas
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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