Education Loan
What is a Education loan?
We at Dhani Finance India believe that everyone deserves a better quality of life. And we're here to help you achieve it. Dhani Finance India is a finance service company in india that provides various types of loans. With a loan from us, you can achieve your goals
Fast and easy process: we understand that time is of the essence, so we make it our priority to ensure that your experience with Dhani Finance India is as fast as possible. We do this by making our loan application process as easy and hassle-free as possible. You can expect speedy approvals and disbursements on our loans. Best rates for your perfect loan: at Dhani Finance India, we know how important it is for our customers to get the best deals. We offer competitive interest rates from a diverse range of lenders to make sure that you get the best deal for your needs.
Who Can Take a Education Loan?
- We provides unique and flexible Education Loans for salaried individuals. The following can get a Education Loan :
- Salaried individuals
- Students
- Processing Fees: 0.75% to 2.50% + GST as applicable
- Prepayment/ Foreclosure: Nil
Education Loan Eligibility
Applicant’s Education Loan eligibility depends on various factors, including a fixed monthly income, age, nature of employment, CIBIL score, professional experience, etc. For a quick Education Loan from Tata Capital, you must fulfil the easy-to-meet eligibility criteria.Your personal details including your PAN number, CIBIL score & KYC documents.
- The Education Loan eligibility for Salaried individuals:
- Age should be between 22 to 58 years
- Minimum monthly income should be ₹ 15,000
- Minimum of one year of work experience
Documents Required for Education Loan
- The following are the documents required for Education Loan with Dhani Finance India:
- Photo Identity Proof documents
- Income Proof documents
- Salary Slips
- Address Proof documents andr
- Employment Certificate
What is the Importance of CIBIL Score for Education Loan?
CIBIL score, an important indicator of your credit health, is a three-digit number summarising your credit history, report, and rating. The score ranges from 300 to 900 and indicates your ability to repay your Education Loan amount in a timely manner.
CIBIL score plays a decisive role in the Education Loan application process. When a self-employed or salaried individual approaches a financial institution for a loan, the lender checks the CIBIL score and report of the applicant. If your CIBIL score is low, it reduces your chances of getting the loan. The score also affects your loan interest rates, tenure, amount, and EMI. The higher the CIBIL score, the better. Generally, the minimum CIBIL score required for availing a Education Loan is 750.
How to Apply for a Education Loan?
- For offline loan applications:
- Visit your nearby Dhani Finance India branch.
- Submit the Education Loan application and the required documents.
- You can also get in touch with Tata Capital representative over a phone call
- Offline loan applications can take a few business days to process.
- For an instant Education Loan applications, go online:
- To get swift approval on the Education Loan, apply online with necessary details.
- Education Loan online applications are approved within minutes from submission.
- Acquire loan eligibility and furnish the required documents.
- After that, experts verify the loan application and submitted papers.
- Upon approval, the loan is sanctioned, and you receive the amount directly in your bank account..
Easy Application Process For Any Types of Loan
