General information only; not financial or tax advice. Laws and lender policies change—verify specifics before acting.
Schemes vary by bank/NBFC; verify current terms.
Education loans fund tuition and related costs for studies in India or abroad. Banks may
offer a moratorium during the course plus a grace period; interest may accrue during this
time.
Strengthen your case with admission proof, academic record, and a co‑applicant.
- Document checklist: KYC, admission letter, fee structure, income proofs.
- Plan EMI start date and consider partial interest payments during moratorium to
reduce burden. - Explore subsidies/schemes for eligible categories; compare rates and margins.