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10.70% P.A. onwards.

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About Education Loan

The education loan online in Mumbai and other cities made by the lending banks through Loan King aims at helping every child so that they can achieve their goals of higher education in life. We facilitate education loan at an attractive interest rate with a student-centric attitude, especially when it is about marking tenure of education loan repayment.

At Loan King, we strongly believe in offering the right platforms that can help every child to fulfill their dreams of professional studies including education loan for MBBS from India and education loan for MBBS abroad.

Parents can avail education loan to help their children accomplish their dream of specialised graduate and post-graduate studies from India or abroad. Apply education loan online at Loan King at competitive interest for the maximum repayment tenure.

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Achieve your goals of education with the education loan rendered by private and public sector banks.

Student Loan

You can get a 100% education loan at your doorstep. All you need to pay is lower interest rates with easier repayment options. Students can repay education loan even while studying abroad as well. We can get customized education loans as per your needs and requirements. Apply education loan in Delhi 24x7.

Foreign Education Loan

Loan King offer Education Loan for Foreign Education. This type of loan scheme is available for Indian students who want to pursue studies abroad. Indian students can study MBBS abroad, MBA overseas, and take the education loan for study overseas.

Employer Education

Today many employers help their employees to pay their student loans. We offer the employer the facility of low rate education loans online as well at Loan King. To get an education loan, you are suggested to apply online and check your eligibility for the same.

Certificate Courses

We offer loans to the students who want to do a certificate course and achieve their target in the future. The students planning to pursue a certificate or part-time course are also eligible to apply education loan for certificate courses online through Loan King.

Career Education

Do not miss out on an opportunity to learn and grow. Loan King is a dependable online platform and offers various kinds of education loans to the needy students planning to study in India as well as abroad.

Subsidy Schemes

We offer a subsidy scheme to the students under which Interest Subsidy is given during the moratorium period. The subsidy is given for doing recognized Professional/ Technical courses from the recognized Institutions in the country and is granted only once.

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Benefits of Education Loan

All loans are not created equal and thus depending upon your financial needs, you can get a customized educational loan online.

Amount Limits

We at Loan King do not charge any processing fees in case the students want to pursue higher education in India or when the loan amount is lesser. Also, we do not charge any hidden fees on the loan amount sought. The education loan amount limits can be the maximum. The rate of interest charged is low.

Loan Tenure

The loan tenure can be discussed well in advance. The maximum tenure is 15 years at Loan King for Education Loans. Avail education loan for long tenure online through Loan King. The longer repayment tenure helps students focus on studies and accomplish the aim with ease.

Wider Options

We have brought many schemes aiming to cater to the diverse needs of Indian students. You can select from a different types of loan options. All valuable educational loans are majorly for the talented groups of medical, engineering, and other course Indian students who wish to go for the higher studies in India or overseas or even desire to develop a particular vocational skill as well.

Tax Rebeate

As per the Income Tax Act, 1961, Section 80E, the eligible education loan applicants can claim the advantage of tax saving. The payable interest on the availed education loan can be claimed by students for interest deduction. Tax rebate on education loan is also a noteworthy benefit for our higher study students.

Education Loan - Eligibility

Any Indian engineering, management or medical study student can go for under-graduate or post-graduate studies from the recognised top universities in India or abroad. Students can apply education loan online in Bangalore or other cities through us to fund the education expenses.

Age

The individuals planning to apply for an education loan must have completed the minimum age of 18 years. The maximum age limit is 35 years to apply for education loan in India.

University/College

The university or college located in India or abroad chosen by students should be government recognised educational institution.

Admission Status

The admission status of the students applying for education loan from a lending bank should be confirmed. The proof of admission confirmation needs to be furnished with other essential documents.

Frequently Ask Questions

In case you have any questions about the education loans, you can refer to our FAQ section.

EMI means Equated Monthly Installment. It is calculated based on both principal amount, interest accrued over the tenure, and the time period in which the loan has to be paid off. In case you have opted for shorter tenure then you need to pay higher EMIs while in case of longer tenure, the EMIs amount is low.

Yes, the credit score will get affected by education loan and it will serve as an opportunity to increase the score. To have a higher credit score make sure you always pay the EMIs on your education loan on time.

The students can apply for the loan online by filling the application form. Our executives will contact you at the earliest and will assist you in completing all the education loan formalities. An applicant seeking education loans can register and apply at Loan King from any part of the country including the popular cities like Bangalore, Delhi, Hyderabad, Mumbai, Kolkata, and Chennai.

Any Indian student is eligible to apply for an education loan as long as he/she has received their High School Certification and have cleared the 10+2 exam. The students, who can want to go to trade school, or want to learn a vocational course, can also apply.

The minimum age is 18 years for an applicant and the higher age limit is 35 years. The admission status also needs to be confirmed. Applicants fulfilling the education loan eligibility can apply for education loan at Loan King online.

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