How You Can Avail An Education Loan In India?
You
may encounter a shortage of funds when you wish to pursue higher
education especially abroad. Herein, you can avail a loan for higher
studies that has been designed to bridge the gap between the
shortfalls of your required amount. To avail such an advance, you
have to know how
to get an education loan from your preferred lender in a
hassle-free manner.
Know
How To Get Education Loan: Here is how to get student loan step by step:
Step
I –
You
can apply online to avail an education loan. Go to the loan
application page of your preferred lender and fill up the online form
by submitting the details as needed.
Step
II –
The
representative of your lender shall get in touch with you. If you
provide the necessary documentation satisfactorily, you may receive a
call within 24 hours after the completion of your online application
procedure.
Step
III –
You
will receive a call or an email confirming your loan approval.
Usually it takes less than 2 days.
Step
IV –
You
have to furnish the necessary details and documents as asked. Lenders
usually offer a doorstep service where you handover the documents to
their representative. Keep your address proof, Aadhaar or PAN card
and bank account statements ready.
You
can gain
insights on online
education loan on
EMIs
by looking up on your lender’s official website to know more about
this product.
July 29th, 2019