Invest in Your Future with Paisa Loans Education Loan 🎓💰
Higher education is a gateway to success, but financing it can be a challenge. This is where Paisa Loans steps in to support you. Our Education Loan solutions make it easier for students to pursue their dreams without financial stress. With low interest rates, flexible repayment options, and quick approvals, we ensure that funding your education is simple and hassle-free.
🚀 Apply for a Paisa Loans Education Loan today and take the next step toward a brighter future! 🎓✨
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Paisa Loans Education Loan Features 🎓💰
✅ High Loan Amount
Get up to ₹50 lakhs for studies in India and up to ₹1 crore for studies abroad.
✅ Affordable Interest Rates
Enjoy low and competitive interest rates for stress-free repayments.
✅ Flexible Repayment Tenure
Repay the loan conveniently with tenure up to 15 years, including a moratorium period.
✅ Collateral-Free Loan
Get loans up to ₹7.5 lakhs without collateral; higher amounts require security.
✅ Covers All Education Expenses
Tuition fees, books, accommodation, travel, and other expenses included.
✅ Quick & Hassle-Free Processing
Fast loan approvals with minimal paperwork and a simple online application.
✅ Moratorium Period
Start repaying after completion of the course + up to 1 year grace period.
✅ Tax Benefits
Enjoy tax deductions on interest paid under Section 80E of the Income Tax Act.
🎓 Turn your education dreams into reality with Paisa Loans – Apply today! 🚀
Paisa Loans Education Loan Eligibility 🎓✅
To apply for an Education Loan, the applicant must meet the following criteria:
✅ Eligible Applicants
✔ Indian nationals pursuing higher education in India or abroad
✔ Students who have secured admission to a recognized university/institution
✔ Parents/guardians can apply as co-applicants for students under 18 years
✅ Age Criteria
✔ Minimum age: 18 years (For minors, parents/guardians apply)
✔ Maximum age: 35 years (at the time of loan application)
✅ Course Eligibility
✔ Undergraduate, Postgraduate, Diploma, and Vocational courses
✔ Recognized universities and institutions in India and abroad
✅ Academic Performance
✔ The student must have a consistent academic record and meet the institution’s eligibility criteria
✅ Co-applicant Requirement
✔ For loans above ₹7.5 lakhs, a co-applicant (parent/guardian/spouse) and collateral may be required
✅ Repayment Capacity
✔ Parent/guardian or student must have a stable source of income for repayment assurance
📢 Make your education dreams come true with Paisa Loans – Apply today! 🚀🎓
Paisa Loans Education Loan Fees & Charges 🎓💰
| Fee Type | Charges |
|---|---|
| Interest Rate | Starting from 8.00% per annum |
| Loan Processing Fee | Up to 1% of the loan amount |
| Prepayment Charges | Nil for individuals |
| Foreclosure Charges | Nil (for floating interest rate loans) |
| Late Payment Penalty | 2% per month on the overdue EMI |
| EMI Bounce Charges | ₹500 per bounce |
| Stamp Duty & Taxes | As per applicable state laws |
🔹 No hidden costs – full transparency on all charges
🔹 100% financing available for select institutions
📢 Invest in your future with Paisa Loans – Apply today for a stress-free education loan! 🚀🎓
Paisa Loans Education Loan Documentation 📄🎓
To apply for an Education Loan, the following documents are required:
✅ Identity Proof (Any one of the following)
✔ Aadhaar Card
✔ PAN Card
✔ Passport
✔ Voter ID Card
✔ Driving License
✅ Address Proof (Any one of the following)
✔ Aadhaar Card
✔ Passport
✔ Voter ID Card
✔ Driving License
✔ Utility Bill (Electricity/Water/Gas – not older than 3 months)
✅ Academic Documents
✔ Admission letter from the recognized university/institution
✔ Fee structure provided by the university/institution
✔ Previous academic records (10th, 12th, graduation mark sheets & certificates)
✅ Income Proof (For co-applicant/guarantor)
📌 For Salaried Co-applicant/Guarantor
✔ Last 3 months’ salary slips
✔ Latest Form 16 or Income Tax Return (ITR)
✔ Bank statement for the last 6 months (showing salary credit)
📌 For Self-Employed Co-applicant/Guarantor
✔ Income Tax Returns (ITR) for the last 2 years
✔ Profit & Loss Account and Balance Sheet (CA certified)
✔ Bank statement for the last 6 months
✅ Collateral Documents (If applicable)
✔ Property documents (if offering collateral for a higher loan amount)
✔ Legal verification report from an advocate (if required)
📢 Minimal paperwork, quick approvals! Apply for Paisa Loans Education Loan today and invest in your future! 🎓🚀
Have any Questions? Call us Today!
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