Education Loan: Investing in Your Future with Financial Assistance



Pursuing higher education is a huge financial commitment. With the rising costs of education every year, it comes as no big surprise that most individuals rely on loans to cover these expenses. And if you plan to enrol your child in a foreign university, you will have to account for higher expenses. It is obvious that the travel and accommodation costs will definitely increase alongside visa charges or tuition expenses.

Opting for an education loan can redefine and shape your or your child’s life as it enables quick access to higher education. The exorbitant costs of coveted global universities can be covered affordably by applying for an education loan on Bajaj Markets.


Top Features of an Educational Loan


Check out a few features of these loans:

  • Enjoy ample funding of up to ₹60 Lakhs to manage all your academic needs

  • Get a loan at competitive interest rates starting at 11.50% p.a.

  • Fund up to 100% of your tuition fees with an educational loan

  • Repay your loan comfortably across a tenure of up to 15 years


All you have to do is meet the easy-to-meet eligibility criteria and submit the required documents to get an educational loan without much hassle. 


Eligibility Criteria and Documentation


Lenders consider the following factors when assessing the education loan application:

  • Academic achievements

  • Examination grades

  • Course you plan to opt for and the choice of university

  • Financial status

  • Internships covered

  • Projects completed


While reviewing these parameters, lenders on Bajaj Markets also request you to furnish the following documents:

  • KYC documents, such as your ID and address proof

  • Income proof documents

  • Documents certifying your academic achievements

  • Offer letter from the respective university


Note that these criteria and documents can vary from one lender to another. So, check with the respective lender before applying for the loan.


Benefits of Opting for an Education Loan on Bajaj Markets


Here are some perks you get to enjoy when you apply for an educational loan on Bajaj Markets:

  • Quick processing and instant online approval within minutes

  • The loan amount will be disbursed to your account within 24-48 hours

  • Minimal documentation and convenient application process

  • Complete transparency in the process and zero hidden charges


Apart from a regular education loan, you can even pledge your valuable assets as collateral and borrow a higher amount. The Bajaj Finserv Education Loan Against Property is one of the viable solutions, as you get to enjoy pocket-friendly interest rates and ample funding. 


On Bajaj Markets, compare various lenders effortlessly and choose a suitable option that best matches your needs.

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