Category Archives: benefits of education loan

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Why take an Education Loan

Whatever be your need we have a mortgage for you. Over the years we’ve got received the trust of our clients and feature emerge as market leader in mortgage products.

Enjoy the benefits when you are taking an Education Loan :

  • Faster loan – Our loan sanction and disbursal is one of the fastest with easy documentation and doorstep service.
  • Competitive pricing – Our mortgage prices and fees are very attractive.
  • Transparency – All fees are communicated up the front in writing together with the mortgage quotation.

Features and Benefits of Education Loan for Indian Education

Focus on pursuing the course of your desire and securing a super education. Leave the hassles of documentation and finances of your Education Loan to us. Here are a few features of the mortgage:

  • Amount limits: Get Education Loan upto Rs. 10 lakh and unsecured lending upto Rs. 7.5lakh. No collateral can be required for loans upto Rs. 7.5 lakh.
  • Wider collateral options: Are you securing a loan of a higher quantity than Rs. 7.5 lakh? We offer a extensive variety of financial institution permitted collateral securities like Residential Property, Bank Fixed Deposit, LIC, NSC or a KVP coverage.
  • Loan Tenure: The most repayment tenure is upto 15 years publish moratorium period.
  • Tax Rebate: Did you already know that you are eligible for a tax rebate for the hobby you pay on an schooling mortgage beneath Section 80-E of the Income Tax Act 1961*? .
  • We will provide services at your doorstep.
  • Loans could be directly dispensed to the educational group as in keeping with the fee structure.
  • Apply for tranche disbursement via stroll-in to the closest Retail Assets Customer Service Center (CSC).
  • Avail access to some other great products and services that we provide. Get a Savings Account with us right away!
  • Thinking approximately insurance? As our purchaser for a student mortgage, you could additionally get a special privilege of choosing the Insurance Protection.