#### Apply for a Education Loan today in {{city | titlecase}}.

Get your education loan approved within days with transparent lending criteria and transparent processes.

- Current education loan interest rates start @10.25% Check Best Offers
- Compare education loan rates of different banks to get the best offer from HDFC Bank, Tata Capital, ICICI Bank, IDFC First Bank, Axis Bank
- Get a education loan based on your eligibility at the best rates using a education loan eligibility calculator online.

##### Apply for Education loan

Your Full Name FullName is required
Mobile No. Mobile Number is required
Current Place of Residence Pincode Pincode is required
Current Place of Residence
Current City is required
Loan amount Required Loan Amount is required
Net Annual Income Annual Income is required
{{ controlName.key | titlecase }}

## EMI Calculator

Fill up the detail and calculate EMI

Loan Amount(Principal Amount) Amount is required
Interest Rate(%) Interest Rate is required
Loan Duration(Month) Please enter loan duration(month)

###### Monthly EMI

#### ₹ {{payment}}

###### Amount Payble

#### ₹{{amountPayable}}

###### Principal Amount

#### ₹{{displayAmount}}

###### Total Interest Payable

#### ₹{{interest}}

### What is Education Loan

Educational loans are available through top Indian banks to help students to achieve the academic targets they have set. The interest rates for a loan to study with a payback period of between 15 and 15 years begin at 6.60 percent annually. These loans are available for both international and foreign higher education. You could obtain a loan to finance higher education, whether either part-time or full-time classes, or loans for professionals working.

These loans are available for both international and foreign higher education. You could obtain a loan to finance higher education, whether either part-time or full-time classes, or loans for professionals working.

As you post your query at Credit, in a matter of seconds, you'll be speaking to one of our loan advisors, who will walk you through the whole education loan with low interest application process, from start to finish. We'll send a representative to your door if you want to chat face-to-face! At Credit , we understand that for taking an education loan in {{city}} you always need the best considerations, and we always offer that is good for you.

#### Features and Benefits of Education Loan

Depending on the needs of the borrower, we may customize our loan to match their needs for instant education loan online in {{city}} To ensure a smooth application procedure, we promise no delays in approvals, and we provide special, convenience-first rewards! We've compiled a list of some of the most valuable benefits and features offered by our company when it comes to education loans.

##### Coverage

Loans for higher education may be used to pay for a variety of expenses. The grant will cover the cost of textbooks and travel expenses.

##### There are tax breaks available for those who qualify

The entire interest you pay on a student loan may be deducted from your taxable income under IRC Section 80E. For up to eight years, you may claim this deduction on your taxes.

##### In the meantime, the moratorium remains in place

When a borrower is given a moratorium period, it's like taking a vacation during the loan term. During this time, they are not compelled to return the loan.

##### Acquiring a clean credit record

Repaying a student loan on time can help them build a good credit score, which will make it easier for them to acquire a loan in the future.

### How to Apply for a Best Education Loan Online?

To apply for an online best education loan, either you can visit the official website of the lender or perform the following steps:-

- Step 1 : If you need a thorough education loan comparison before deciding on the bank, visit https://credit.nsserver.in.
- Step 2 : Click on the Education Loan tab.
- Step 3 : Fill in the required information like name, contact No, loan amount required,PanCard No etc on the form given on the right side.
- Step 4 : Click on ‘Submit Button'.
- Step 6 : At this step, you will be requested to provide a few more details to get customised offers.
- Step 7 : Compare your eligible offers and select the one that meets your requirements.
- Step 8 : Get assistance from our loan advisors or choose to complete the online journey to get instant loan approval and disbursal.

### Education Loan EMI Calculator

Education Loan EMI Calculator is an online tool that helps you to calculate the EMI by entering details about the loan amount, interest rate and tenure. Advanced EMI calculators also build an amortization schedule which gives you a break up of every EMI into interest as well as loan repayment. EMI calculators are preferable over manual calculation due to their instant and accurate results and an ability to do multiple calculations in one go.

### How to Get Instant Approval on Education Loan?

To get instant approval on a Education loan, you need to fulfil the following conditions:-

- A good relationship with your existing bank is maintained by paying off dues and instalment on time. If you are a savings account holder, ensure that you maintain the minimum required balance per month. This way, the lender develops trust in you and grants you an instant loan based on your financial credibility.
- Make credit card payments on time and maintain a good balance between no use and excessive usage of your credit card.
- A good credit score is key to getting a loan quickly. Maintain a good credit score above 650 and get the loan amount sanctioned in the account within no time.
- If you are working with top corporations and getting timely salary credits, you stand a better chance of getting a loan.

Apply for Loan
Share

### Ready to get started?

It only takes a few minutes to register your FREE Credit account.

Open an Account