If you’re pursuing a post-graduation course, you can apply for a loan with a co-applicant/co-signer without income in case you have three years of work experience.

Of course. You can pre-pay your loan anytime, without any charges.

There will just be simple interest calculated on your loan.

After the submission of all the documents, you can expect the loan to be disbursed as early as 24 working hours. This fast pace of disbursal is one of the highlights of our partnership with leading loan providers.

You can have your parents, brother, sister, parents-in-law, spouse, or even grandparents as your co-applicants. The applicants can also be non-financial if you are applying for post-graduation with over three years of experience. 

Surely yes. You can opt for just a part of your fee as a loan.

Yes. You can pre-close your loan anytime. You should have no problem closing your loan before time, as most students availing of such a loan usually do. 

Surely yes. You can opt for just a part of your fee as a loan.

Yes, you can extend the tenure in case the university extends the course.

Yes. Scholarships awarded to participants would be considered as margin money.

Your repayment amount would be based on the disbursed amount. The repayment scheme would be as applicable by the institute.

There are thousands of approved courses that include graduation programmes, post-graduation programmes and even post-graduation diplomas from colleges/universities recognised by UGC / AICTE / Government / AIBMS / ICMR, and other bodies.

Most job-oriented degree or post-graduate diploma/professional courses offered by reputed institutes are considered for student loans.

The fee payable for the college and hostel, along with the examination fee, library fee, laboratory fee, travel expenses, the insurance premium for the student, purchase of books, equipment and instruments, purchase of a computer at a reasonable cost if required, and other expenses required for the completion of the course like study trips, projects and thesis.

Yes, your travel expenses along with visa expenditure is all included as part of the loan. 

EduFund has partnered with loan providers to give low-interest loans to students to give them a shot at their dream education.

Yes. You can save income tax under 80E on interest paid for the loan.

Yes. There are a number of certificate courses that you can avail of an education loan for.

Yes. There is pre-visa disbursal for students applying for overseas education to ensure that there aren’t any hindrances related to finances in the visa process.

There is no necessity of margin money for student loans below 20 lacs. And for education loans above 20 lacs, even scholarships can be included in as margin money. 

Yes. You can get a laptop at a reasonable price to ensure that there is nothing stopping you from scholarly success. Included also are other instruments and equipment you’d need to ace your subjects.