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Education Loan Support @ SCHOLARSnet

We know that you have big plans and you just need the last piece of the puzzle - the finance - to fall into place. That’s where we come in.

  • We provide education loans support (with the help of our finance partners) that are simple & cover all your education-related expenses. This allows you to spend more time focusing on your degree and less time worrying about how to pay for it.

  • Our goal is to make things easier for you. Whether you choose to study in India or abroad, you can count on our education loans to pave the way for you. We ensure, all the tedious paperwork and the mind-boggling formalities go outside the window. We hand-hold you at every step of the way, guiding you and helping you find the right financing solutions.

  • You can simply talk to us! (or send a WhatsApp query) and before you know it, you’ll be on the phone with one of our partner loan consultants, flying through the application process.

Some of the major benefits of availing of Education Loan:

  • Up to 100% finance, Loan Amount up to Rs 20 lac (Case to Case)

  • 100% Customized Loan Support

  • Fastest Sanctions - 3 or 5 working-Day Process

  • Living And Ancillary Expenses are also covered

  • Flexible re-payment options

Benefits for STUDENTS

  • Be Independent: Help your parents by funding your education with Education Loan

  • Approval Before Admission: Get an Education Loan approval letter before admission from our Finance Partners so you do not have to Downsize Your Dreams!

  • Funding Total Cost of Education: Usually our Finance Partners funds the total cost of your education, including living expenses & all other expenses reducing your financial worries.

  • Deal with an Expert: We are dedicated to providing financial support to your Education. We understand your world & your unique and complex requirements.

  • Easy to Apply: Simply talk to us! (or send a WhatsApp query)

Benefits for PARENTS

  • Tax Benefits: Education Loan provides income tax benefits under Section 80E of the Income Tax Act of India.

  • Responsible Option: Education Loan makes students financially responsible. Parents can keep family savings for retirement & other emergencies.

  • Loan up to 100% of Educational Expenses: No margin money is required. You don't have to compromise on the quality of education of your child because of higher fees.

  • Convenience: Education Loan at your door-step, no visiting bank branches multiple times.

  • Flexibility: Flexibility on collateral security. Longer & flexible repayment options are available.

Education Loan Providers

  • Banks: All Public and Private banks provide educational loans, provided their documental requirements are fulfilled. Some of the Major Banks are SBI, PNB, OBC, BOI, AXIS, HDFC, and ICICI. You may please visit the respective website of these banks for the latest information on Education Loan. However, we do have some tie-ups with some of the banks and they provide a hassle-free process for the same. You can simply talk to us! (or send a whatsapp query)

  • NBFC: Various NBFC like HDFC Credilla, Avanse, Bajaj Finserve often provide financial support. You may please visit to the respective website of these NBFCs for latest information on Education Loan. However, we do have some tie-ups with some of the banks and they provide a hassle-free process for the same. You can simply talk to us! (or send a whatsapp query)

Education Loan Interest Rates

Basis latest trends the interest on the Education Loan varies from 8% (Public Banks) to 15%. The rates are subject to change. However, you can simply talk to us! (or send a whatsapp query)

Documents Required for Education Loans

  1. Students' Documents

    1. Academic Credentials from Class 10th onwards.

    2. University Admission Letter

    3. Proof of Entrance Exam Qualified

    4. Bonafied Letter (in some cases)

    5. PAN card

    6. Address and ID proof (Aadhaar Card)

    7. Caste Proof (if applicable)

  2. Parents' Documents

    1. Salary Slip (Latest 3 - month)

    2. IT return (latest)

    3. PAN card

    4. Address and ID proof (Aadhaar Card)

    5. Caste Proof (if applicable)

    6. Collateral Documents (if applicable - usually for the loan amt above Rs 7 lac)

    7. Co-Guranter (if applicable - usually for the loan amt above Rs 7 lac)

    8. Any other income certificate/ proof (if applicable - usually for the loan amt above Rs 7 lac)

  3. University's Documents

    1. Proof of recognition

      1. UGC Letter

      2. AICTE Letter

      3. NAAC Accreditation

      4. Letter of Affiliation (in case of affiliated colleges)

    2. Last 3 to 5 year placement record

    3. Admission Letter with All Expenses Mentioned (as applicable):

      1. FEE Structure including

        1. Tuition Fee

        2. Exam Fee

        3. Lab Charges

        4. Library Fee

        5. Alumni Fee

        6. Laptop Expense

        7. Any Other Hidden Fee

      2. Hostel + Food Expense

      3. Transport Charges (if applicable)

So, what's next ?

Get the RIGHT information here!

Send your inquiry to direct to our Whatsapp no. +918839201788 (Click Here)


 NOTE:

 1. There are various Financial Instt that offers Education Loan Facility apart from the Banks and their Policy may Vary.
2. The above given information(s) is / are informatory in nature, the application/student must consult the experts first. Please Click on our whatsapp link to get immediate information.
3. Also, the information given here may contain obsolete data, and should be checked with the concerned bank for latest rates and policies.
4. You may leave comments below incase of any query.
5. You may use our EMI Calculator Tool to get an insight of the financial pathway. Click Here.