We Provide Education and Study Loans with an option for No Cost EduEMI™ for all types of educational institutions. We have multiple choices of the duration where a borrower can pick 3, 6 or 9 months equated monthly instalment (EMI) payments which makes Education affordable for them. LOAN APPROVAL & DISBURSAL DEPENDS UPON ABILITY TO REPAY. Please have readily available proof of income when applying through the app.
Through our Technology Platform - we bring together lenders and borrowers to assure that we precisely get your EduEMI™ disbursed based on your information shared with a suitable financial institution on our platform. We have both Short Term EduEMI™ and Long-Term EduEMI™ on our platform for parents & students. Based on the preference of the student or parent, they could chose the option that is relevant for them.
Benefits of No Cost EduEMI™ (under Short Term EduEMI™)
- No Collateral required
- Zero Processing fees
- Easy Online process
*Free Student Health Insurance
*Free Parents Life Insurance
We have EduEMIs available for all levels of education:
- Play Schools
- Coaching Centre
- Vocational Course
- Online courses
How does it work for Student/Parents?
Quick Online Process in 3 Simple Steps:
● Select Your Institution & EMI Plan
● Fill the Borrower Details
● Review & Submit
Click & Upload your documents:
- Aadhaar Number
- Identity Proof (any one): Driving license/Voter id/Passport/Aadhaar/PAN
- Address Proof (anyone) (Driving license/Voter id/Passport/Aadhaar/Utility bills/bank statements)
- Passport Photo
- Income proof (Salary slip/ITR doc/Previous year Fee slip of the same institution)
Your Education loan or student loan to pay your course/class fees will be disbursed to your Education Institution's Bank Account within 48-72 hrs after your documents upload and Final Approval from our financial institution.