Education Loan
Finance higher education in India or abroad effortlessly.
Overview
Investing in education is investing in the future. Credsure Financial Consultancy helps students and parents secure education loans to pursue higher studies in prestigious institutions in India or abroad. We understand the specific financial requirements of studying, including tuition fees, living expenses, and study materials.
As a Direct Selling Agent, we connect you with lending partners who offer structured education loan products. These loans often feature a moratorium period, meaning repayment begins after the course completion or securing a job. Keep in mind that loan approval, interest rates, and specific terms like collateral requirements are determined by the lender based on the course, institution, and co-applicant's financial profile.
Key Features
- Comprehensive coverage including tuition, hostel, and travel expenses.
- Options for studying in India and international universities.
- Moratorium periods during the study duration.
- Tax benefits under Section 80E of the Income Tax Act (subject to rules).
- Assistance with both secured and unsecured education loan options.
How to Apply
- Consultation: Contact us with details about the admission offer and fee structure.
- Document Compilation: We assist in gathering student academic records and co-applicant financial documents.
- Application Processing: We submit your file to a partner bank or NBFC.
- Lender Assessment: The lender verifies the course credentials, university, and co-applicant's income.
- Disbursal: Funds are generally disbursed directly to the educational institution as per their fee schedule.