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Studies in India
Explore financing for eligible higher education courses at recognised institutions in India.
Invest in your future
Education Loan Guidance for Your Next Big Step
Planning higher studies in India or abroad? Explore education finance options with guidance from Global Financial Mall. Understand the process, compare lender possibilities and plan your education journey with greater clarity.
Plan your education financing
Share your course, institute and study destination. Our team can help you understand potential lender options.
- Studies in India and overseas
- Eligibility and co-applicant guidance
- Documentation and application assistance
Education finance options
Explore Education Loan Options
Loan products and eligible expenses vary by lender, course, institution and applicant profile.
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Studies Abroad
Understand possible finance options for eligible overseas universities and programmes.
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Course Expenses
Depending on lender policy, eligible costs may include tuition, books, equipment and approved expenses.
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Co-Applicant Guidance
Understand the role of a parent, guardian or acceptable co-applicant under lender rules.
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Secured and Unsecured
Compare options that may or may not require collateral, subject to lender criteria.
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Application Assistance
Get help understanding lender requirements, paperwork and the application journey.
Understand the product
What Is an Education Loan?
An education loan is a finance facility offered by a bank or financial institution to help eligible students meet approved higher-education expenses. Depending on the lender and product, the loan may cover tuition fees and certain other education-related costs.
Loan amount, eligible expenses, interest rate, repayment terms, moratorium, collateral and co-applicant requirements depend on lender policy and assessment.
- Explore financing for eligible courses in India or overseas
- Understand eligible education-related expenses
- Review co-applicant and collateral requirements
- Plan repayment terms before accepting an offer
Plan with clarity
Key Features and Benefits
Subject to selected lender terms, eligibility and approval.
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Higher Studies Support
Explore funding for eligible undergraduate, postgraduate and professional programmes.
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India and Overseas
Compare finance possibilities for eligible institutions in India and abroad.
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Repayment Planning
Understand moratorium and repayment schedules available under the lender's product.
Application journey
How the Education Loan Process Works
Share Your Study Plan
Tell us about the course, institute, destination, estimated cost and admission status.
Explore Lender Options
Review possible lenders based on the course, institution, student and co-applicant profile.
Submit Required Documents
Provide admission, academic, identity, income and other documents requested by the lender.
Lender Assessment and Disbursal
The lender verifies the application and communicates its decision, conditions and disbursal process.
Before you apply
Education Loan Eligibility
Eligibility is assessed by each lender. Course, institution, student profile and co-applicant details may all be considered.
Student and Course
Academic background, admission status, course level, duration and institution recognition.
Co-Applicant Profile
Income, employment or business profile, credit history and repayment capacity.
Funding Requirement
Course cost, destination, eligible expenses, margin contribution and collateral where applicable.
Who Can Explore an Education Loan?
- Students admitted or applying to eligible courses
- Applicants pursuing higher studies in India
- Applicants pursuing eligible studies abroad
- Students with an acceptable co-applicant where required
Commonly Required Documents
- Student identity and address proof
- Academic records and entrance test results, if applicable
- Admission letter and fee structure
- Co-applicant identity, income and bank documents
- Collateral documents, if required
Plan the repayment
Education Loan EMI Calculator
Estimate a monthly instalment using an assumed loan amount, annual rate and repayment tenure.
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Estimated total interest
βΉ8,78,760
Estimated total repayment: βΉ23,78,760
Illustrative estimate only. This simple calculator does not model moratorium-period interest, interest capitalisation, course-wise disbursements, fees or lender-specific repayment structures.
Make an informed decision
Things to Consider Before Taking an Education Loan
- Check whether the course and institution are accepted by the lender.
- Understand total cost, margin contribution and expenses covered.
- Review interest rate, moratorium and when interest starts accruing.
- Understand collateral, co-applicant and credit requirements.
- Check repayment tenure, prepayment terms and applicable charges.
- Plan for currency and living-cost changes for overseas education.
Compare the full loan terms and repayment obligationβnot just the initial EMI estimate.
Request an Education Loan Call Back
Share your study plans and our team will contact you to understand your requirement.
Education Loan Enquiry Form
Fill in your details below. Our team may contact you to understand your requirement.
Talk to Baljeet
Get assistance understanding education loan options and the application process.
Financial Advisor
18 years of banking experience
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Office
Global Financial Mall, SCO 666, First Floor 101/2, Sector 70, Mohali, Punjab β 160071
Service Areas
Punjab, Haryana & Chandigarh
Frequently asked questions
Education Loan FAQs
Answers to common questions about education finance.
Can I get an education loan for studies abroad?
Some lenders offer education loans for eligible overseas courses and institutions. Eligibility, approved countries, course criteria, amount and collateral requirements vary by lender.
Can I apply for an education loan for studies in India?
Eligible students may explore education finance for approved courses and institutions in India, subject to lender product terms and assessment.
What expenses can an education loan cover?
Depending on the lender and product, eligible expenses may include tuition fees and certain approved academic or living expenses. Confirm the expense list with the lender.
Is a co-applicant required?
Many education loan products require a parent, guardian or other acceptable co-applicant. The lender defines who can co-apply and what financial checks apply.
Do all education loans require collateral?
No single rule applies to every product. Collateral requirements can depend on loan amount, course, institution, co-applicant profile and lender policy.
When does repayment start?
Repayment and any moratorium period depend on the lender's product and sanction terms. Interest may accrue during a moratorium, so check how it is treated.
What documents are generally required?
Common documents include student identity and academic records, admission letter, fee details, and co-applicant identity, income and bank documents. Additional documents may be requested.
Does an eligibility check guarantee approval?
No. A preliminary discussion or eligibility review is not an approval. The lender makes the final decision after document verification and assessment.
Global Financial Mall
Call Baljeet Β· 98765 91269
Take the Next Step Towards Your Education Goals
Speak with Baljeet for guidance on lender options, eligibility and the application process.
Disclaimer: Global Financial Mall provides loan assistance and guidance. Loan approval, amount, interest rate, tenure, moratorium, collateral, fees, eligible expenses and all other terms are subject to the respective lender's policies, verification and final decision. No loan approval is guaranteed.