🎓 Education Loan – Eligibility Criteria

An Education Loan helps students finance higher studies in India or abroad, including tuition fees, accommodation, books, and other education-related expenses.
At LoanHiLoanWala, we help students and parents check eligibility and get the best education loan offers from banks and NBFCs.

✅ Who Can Apply

Education Loans are available for students with confirmed admission to recognized institutions, along with a co-applicant (parent/guardian).

👨‍🎓 Student Eligibility

• Indian citizen

• Confirmed admission in a recognized college/university

• Admission through entrance exam or merit-based selection

• Course should be approved by the lender

👨‍👩‍👧 Co-Applicant Eligibility

• Parent / guardian / spouse

• Stable income source

• Valid PAN & Aadhaar

• Acceptable credit profile

🎓 Eligible Courses

• Undergraduate & Postgraduate programs

• Professional courses (Engineering, Medical, Management, Law, etc.)

• Vocational & skill-based courses

• Studies in India & abroad (subject to lender norms)

📄 Documents Required

• Student & co-applicant PAN & Aadhaar

• Admission letter from institution

• Course fee structure

• Academic records

• Income proof of co-applicant

• Bank statements

• Address proof

📌 General Conditions

• Loan amount depends on course cost, institution, and co-applicant income

• Interest rates vary by bank and loan type

• Collateral may be required for higher loan amounts

• Final approval is subject to bank or NBFC assessment

💡 Why Choose LoanHiLoanWala

• Loans for India & abroad studies

• Competitive interest rates

• Flexible repayment options

• Expert guidance throughout the process

• Transparent & hassle-free service

👉 Check Your Education Loan Eligibility

Apply now to check your eligibility and get the best Education Loan offers for your studies.

Apply Now