Most families require Education Loan when they need to send their children for higher education. It can be in India or abroad. Education Loan helps the family from a major financial burden. It helps the child achieve his or her dream. It is flexible and beneficial in many ways. Educational Loan is a collateral-based loan. It is a mortgage loan with easier payment options. If the amount is less than 7.5 Lacs, some institutions even don't ask for collateral. Taking an education loan helps the child in building a good credit score as this is the first loan in a his or her life. If the loan is paid on time without any defaults, then it also makes it easier for the child to get home loan, car loan in future.

Benefits of Educational Loan:

• Study First Pay later
• Benefit of Tax Exemption
• Up to 100% education cost loan Approval
• Total cost can be funded in the loan
• Payment Flexibility

The loan amount depends on parent's annual income as per tax returns or other income documents, his CIBIL score and your credit history. Get in touch with LoanOnClick for the quickest disbursal of the Education loan from reputed financial institutions.

Just fill in your details and click the submit button. Our business executive will get in touch with you and help you with the loan.