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Education Loans โ€” India & Abroad

Fund your dreams with competitive rates for undergraduate, postgraduate, MBA, MBBS, engineering, and professional courses

๐ŸŽฏ Undergraduate ๐Ÿ“š Postgraduate ๐Ÿ’ผ MBA โš•๏ธ MBBS โš™๏ธ Engineering ๐Ÿ”ฌ Research
Partner Institutions: ๐Ÿ›๏ธ IITs ๐Ÿ›๏ธ IIMs ๐Ÿ›๏ธ NITs ๐Ÿ‡บ๐Ÿ‡ธ MIT ๐Ÿ‡ฌ๐Ÿ‡ง Oxford ๐Ÿ‡ฌ๐Ÿ‡ง Cambridge ๐Ÿ‡ฆ๐Ÿ‡บ Melbourne ๐Ÿ‡จ๐Ÿ‡ฆ Toronto ๐Ÿ‡ฉ๐Ÿ‡ช TU Munich ๐Ÿ‡ธ๐Ÿ‡ฌ NUS ๐Ÿ›๏ธ AIIMS ๐Ÿ‡บ๐Ÿ‡ธ Stanford
Partner Institutions: ๐Ÿ›๏ธ IITs ๐Ÿ›๏ธ IIMs ๐Ÿ›๏ธ NITs ๐Ÿ‡บ๐Ÿ‡ธ MIT ๐Ÿ‡ฌ๐Ÿ‡ง Oxford ๐Ÿ‡ฌ๐Ÿ‡ง Cambridge ๐Ÿ‡ฆ๐Ÿ‡บ Melbourne ๐Ÿ‡จ๐Ÿ‡ฆ Toronto ๐Ÿ‡ฉ๐Ÿ‡ช TU Munich ๐Ÿ‡ธ๐Ÿ‡ฌ NUS ๐Ÿ›๏ธ AIIMS ๐Ÿ‡บ๐Ÿ‡ธ Stanford

Education Loan Calculator

Plan your education financing with our interactive calculator

โ‚น25,00,000
โ‚น1 Lakh โ‚น1 Crore
4 Years
1 Year 6 Years
7 Years
1 Year 15 Years
9.5% p.a.
7% 14%

Your Loan Summary

Monthly EMI โ‚น38,124
Total Interest Payable โ‚น7,02,416
Total Amount Payable โ‚น32,02,416
Moratorium Period Course + 6 Months
Processing Fee โ‚น25,000

๐Ÿ’ก Tip: No EMI during study period! Repayment starts 6 months after course completion.

๐Ÿ“Š Representative Example

Loan Amount: โ‚น20,00,000

Study Duration: 2 Years (MBA)

Repayment Period: 10 Years

Interest Rate: 9.25% p.a. (Variable)

Monthly EMI: โ‚น25,614

Total Interest: โ‚น10,73,680

Total Repayable: โ‚น30,73,680

APR: 9.85%

*Representative example based on standard terms. Actual rates vary based on credit profile, collateral, and institution. Subject to eligibility and approval.

Eligibility Criteria

Flexible options for students and co-borrowers

๐ŸŽ“

Student (Primary Borrower)

  • โœ“ Indian citizen aged 18-35 years
  • โœ“ Confirmed admission to recognized institution
  • โœ“ Minimum 50% in qualifying exam
  • โœ“ Valid entrance exam scores (if applicable)
๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘ฆ

Co-Borrower Options

  • โœ“ Parents: Either parent as primary co-borrower
  • โœ“ Spouse: For married applicants
  • โœ“ Siblings: Earning siblings with stable income
  • โœ“ Guardian: Legal guardian with income proof
๐Ÿ’ฐ

Income Requirements

  • โœ“ Salaried: Min โ‚น3 LPA family income
  • โœ“ Self-Employed: 2 years ITR, min โ‚น4 LPA
  • โœ“ NRI Parent: Employment proof abroad
  • โœ“ Collateral: May reduce income criteria

Required Documents

Gather these documents for a smooth application process

๐Ÿ“„

Admission Letter

Official admission/offer letter from institution

๐Ÿ’ต

Fee Schedule

Detailed fee structure for entire course

๐Ÿชช

KYC Documents

Aadhaar, PAN, Passport (for abroad)

๐Ÿ“š

Academic Records

Marksheets of 10th, 12th & graduation

๐Ÿงพ

Income Proof

Salary slips / ITR of co-borrower

๐Ÿฆ

Bank Statements

Last 6 months bank statements

๐Ÿ 

Collateral Docs

Property papers (if applicable)

๐Ÿ“

Entrance Scores

CAT/GMAT/GRE/IELTS scorecards

๐Ÿ†

Scholarship Support

Reduce your loan burden

โ˜… Merit Scholarships

Up to 50% fee waiver for top performers with 90%+ scores

โ˜… Need-Based Aid

Financial assistance for EWS category students

โ˜… Women in STEM

0.25% interest rate concession for female students

โ˜… Government Schemes

Vidyalakshmi, CSIS & state-specific subsidies

โธ๏ธ

Deferment Options

Flexible repayment solutions

โœ“ Study Moratorium

No EMI during course duration + 6 months grace period

โœ“ Partial Interest Payment

Pay only interest during study to reduce total burden

โœ“ Hardship Deferment

Up to 12 months deferment in case of job loss

โœ“ Part-Payment Option

Prepay up to 25% annually without penalty

๐Ÿš€

Ready to Fund Your Education?

Get personalized loan offers in minutes. No impact on credit score.

โœ“ 100% Digital Process โœ“ Disbursement in 7 Days โœ“ No Hidden Charges

Education Loan Transparency Disclosure

Representative Example: For a loan of โ‚น20,0,000 at an APR of 9.25% for 120 months, the monthly EMI would be โ‚น25,614. Final loan terms are determined by Utthaan Corporation Pvt Ltd based on credit and institution assessment.

APR Range

8.25% - 12% p.a.

Repayment Tenure

Up to 15 Years

Processing Fee

Max 1% + GST

NBFC Partner

Utthaan Corp Pvt Ltd