Education lays the groundwork for a successful life. But securing the best education may not always come easily, which is why our instant personal loan for education can make your dreams come true.
Instant Personal Loan for Higher Studies
Good education is essential for a prosperous future. However, the specialized courses offered by leading institutions can burn a hole in your pocket. Thankfully, with Home Credit’s quick and easy personal loan for education, you can delve into your passion, focus on your education, and turn your ambitions into reality.
Home Credit offers a personal loan for education to help students cover their course fees and living costs when they are looking to take the next steps in their careers. With instant approval, minimal documentation & zero hidden charges, we are making our personal loan as accessible as possible to make your dreams come true. You can easily apply for an instant loan online, which will ensure that you can achieve your goals, without any worries.
Whether you are a student or a parent looking to provide your children with the best education, we are here to support you. With Home Credit, you can get financial aid in the form of a personal loan and turn your career into a growth engine.
Features of Home Credit Personal Loan for Education
Let’s look at some of the features and benefits that set Home Credit personal loan apart from other student loans in the market -
Affordable High Value Loan
Get instant approval on a high-value personal loan up to ₹5 lakhs without any restrictions on the end usage of the funds.
Hassle-Free Disbursement
Get an instant personal loan online from Home Credit with a hassle-free disbursal procedure. Fulfill the eligibility criteria and furnish the documents required to get instant loan approval and expect quick disbursal of funds within a few hours.
Paperless Application Process
The process to apply for a personal loan for education is quick and easy. You can easily apply for a personal loan through our app and get instant approval.
Flexible Repayment Tenure
You can easily repay the education loan amount in flexible EMI’s as per your convenience with a repayment tenure ranging from 6-48 months for new applicants and 9-51 months for existing home credit customers.
Minimal Documentation
To get started on your instant personal loan application, you only have to submit 2 documents – your identity and address proof!
No Collateral
You don’t need to provide any guarantor or security to avail yourself of a personal loan for education from Home Credit.
No Hidden Charges
We make every effort to make our procedures as transparent as possible. Therefore, you won't have to be concerned about any hidden charges.
Low EMI Amount
Get an online personal loan for education up to ₹5 Lakhs, with easy EMI options.
Are You Eligible for a Personal Loan for Education?
If you are:
Age: An Indian citizen between the age group of 18 and 60 years
Income source: salaried, self-employed, or pensioner
Documents: 1 ID proof and 1 Address Proof
Gap between two Home Credit loan applications: 90 Days
Bank account: Should have an active bank account
Then, yes – you are eligible to avail yourself of a personal loan for education from Home Credit.
What Are the Documents Required for a Personal Loan for Education?
To ensure that your personal loan application is processed efficiently, we only need a few documents:
Our team at Home Credit assists you at every stage of your loan journey, keeping the desires and needs of our customers in mind.
We are flexible
Home Credit India offers flexible repayment options to make our personal loan for education perfect for your needs.
No Collateral? No problem!
We do not want you to give us any security or guarantor to cover the loan.
Lengthy Documentation – Not our thing!
We only need just 2 documents that are necessary to process your loan application.
Customer experience at its best
Our customer centric approach gives us the edge and has left countless of our customers satisfied.
How To Apply for A Personal Loan for Education?
To get a personal loan up to ₹5 Lakhs, just follow these three simple steps below and get instant approval:
Enter your phone number and follow the simple steps to check your eligibility.
Get instant online approvals on instant personal loan of up to ₹5 Lakhs.
Get the loan amount disbursed within hours of signing the agreement.
Avail Quick & Easy Personal Loan from Home Credit
Home Credit takes away the worry associated with rising educational costs and funding your education. Now all you need to do is get the loan money in hand and plan your bright future. We understand, it is your dream as well, to take flight into the most glorious future filled with amazing growth opportunities. Don’t worry, you can make all your dreams come true – with a little help from Home Credit!
Download the Home Credit app on your phone to get started.
Education Loan FAQs
How Can I Get a Personal Loan for education from Home Credit?
To get a personal loan up to ₹5 Lakhs, just follow these three simple steps below and get instant approval:
Enter your phone number and follow the simple steps to check your eligibility.
Get instant online approvals on an instant personal loan of up to ₹5 Lakhs.
Get the loan amount disbursed within hours of signing the agreement.
Do I need any collateral to avail myself of this loan?
No. Taking an education loan from Home Credit is free of collateral. You do not have to worry about pledging any assets or security to get a higher education loan.
How much time do I get to repay my loan?
Home Credit offers a long and flexible loan tenure ranging from 6-48 months for new applicants and 9-51 months to repay the loan amount for existing Home Credit customers.
What expenses can I cover with my personal loan for education?
Home Credit does not implement any restrictions on how you decide to use the sanctioned loan amount. This allows you to meet both direct and ancillary expenses to pursue higher education or take up online courses. For example: course fees, library fees and living, meal or travel expenses.
What is the minimum and maximum loan amount that I can avail?
Home Credit offers a personal loan for education ranging from Rs. 25000 to ₹. 2 lakhs for new applicants and Rs. 10000 to ₹. 5 Lakhs for existing Home Credit customers along with instant approval and flexible repayment options.
Is there any processing fee charged?
Home Credit charges a small processing fee that ranges from 0-5% of the loan amount. It varies depending upon the risk profile of the user.
What are the documents required to apply for a personal loan for education?
Here are the two documents you need to get a personal loan from Home Credit:
