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.
Avail high value loans
Minimum - Rs. 50,000
The loan will cover tuition fees, hostel charges (if any), cost of books, etc
Pre Admission Sanction
Get Sanction letter before admission based on your profile
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.
Enjoy attractive interest rates
Get Repo rate linked Interest Rates
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
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