Education Loan
Education opens doors to endless opportunities, and finances shouldn’t stand in your way. At EarlyGrow, we offer easy and hassle-free education loans to help you study in India or abroad without financial stress.
Why Choose Early Grow for Your Education Loan?
- Low Interest Rates – Starting from as low as 9.5%*
- No Collateral Required – For loans up to ₹7.5 Lakhs
- Quick Approvals – Get your loan sanctioned in as little as 48 hours
- Flexible Repayment Options – Up to 15 years
- Covers All Costs – Tuition, living, travel, books, and more
- Pre-Visa Disbursement – For foreign education loans
Types of Education Loans We Offer
- 🎓 Domestic Education Loan – For students pursuing higher education in India.
- 🌍 Overseas Education Loan – For students enrolling in international universities, covering full cost of education and living.
- 🏠 With or Without Collateral Loans – Choose what works best for your financial situation.
Eligibility Criteria
- Must be an Indian citizen
- Age: 18 years or above
- Admission secured in a recognized institution (India or abroad)
- Co-applicant (parent/guardian) with a stable income may be required
Required Documents
Student Documents:
- Admission letter from university/institution
- KYC documents (Aadhaar, PAN, passport, etc.)
- Academic records (10th, 12th, and graduation marksheets)
Co-applicant Documents:
- KYC documents
- Income proof (salary slips, ITR, bank statements)
- Collateral documents (if applicable)
Loan Process – Simple & Streamlined
- Apply Online – Fill in your details and upload documents
- Get Expert Guidance – Our loan advisors help you choose the best option
- Loan Sanction & Disbursement – Fast-track processing with minimal delays
- Disbursement – Funds released directly to the institution or your account
Your Future Starts with Early Grow
Getting an education loan shouldn’t be complicated. At Early Grow, we make it easy for you to access funds, focus on your studies, and build the future you deserve. Whether you're studying in India or abroad, our education loan solutions are designed to support your goals every step of the way.
Ready to Fund Your Future?
Book a Free Consultation Now
📞 Need help? Call us or speak to an expert advisor today.
Frequently Asked Questions (FAQs)
Who can apply for an education loan?
Anyone between 18-35 years who is an Indian citizen and enrolled in a recognized graduate, postgraduate, or professional course in India or abroad can apply.
How much loan can I get?
You can get up to ₹50 lakhs for studying in India and up to ₹1 crore for international education.
Do I need to provide collateral?
Yes, it depends on the courses and loan amount. Generally, lenders don’t need collateral for postgraduate cases for loan amounts up to ₹50 lakhs.
What is the interest rate?
Our education loans start from 8.5% per annum, with competitive rates and minimal processing fees.
How long can I take to repay the loan?
You can choose a repayment tenure between 5 to 15 years, depending on your financial situation.
When do I need to start repaying the loan?
Repayment usually begins six months after you complete your course, giving you time to find a job.
Can I apply online?
Yes! You can check your eligibility, submit documents, and get approval completely online.
What expenses does the loan cover?
The loan covers tuition fees, accommodation, books, equipment, and other study-related expenses.
Are there any tax benefits?
Yes, under Section 80E of the Income Tax Act, the interest paid on education loans is tax-deductible.
How fast can I get my loan approved?
With minimal paperwork and quick processing, your loan can be approved in just a few days.
