Educational Loans not only guarantee security but also allow students to pursue higher education without any pressure.

Along with your course fee, opting for education loan online also cover other expenses such as hostel expenses, examination fee, book cost, and travel expenses.

One of the greatest benefits of applying for a Student Loan Online is undisturbed savings. An educational loan will not have any effect on your savings and will enable you to achieve long-term goals in terms of education and finance.

By opting for the best online money loan for students, the moratorium period allows you to pay after you have completed your education. Also known as the repayment holiday, this time duration is used for repaying the loan for students online. FinTake provides easy EMI options, flexibility to choose your loan tenure, and the least documentation.

If you want to apply for an educational loan, it is very crucial for one to understand the basic guidelines for accessing the best and fastest way of an instant online loan. FinTake believes in a hassle-free, minimal documentation process by providing you secure, and basic guidelines.

The very basic aspect of the eligibility criteria for an educational loan is that the student should be bright and must have academic excellence and achievements.

 The eligibility criteria for online money loans for students depends on their academic performance, scores in previous examinations, and more.

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a Personal Loan.

Maximum age of applicant at loan maturity: 60 years

Minimum Net Monthly Income: Rs 15,000

Applicant should have the bank specified credit score.

1. The students must be a citizen of India.
2. The age of the particular students should be between — years to — years.
3. He/she must have a confirmed admission form and related documents for the loan process in the respective university abroad.
4. He/She must be undergoing any graduate or post-graduate degree or diploma.
5. Admission to a foreign university must be reliable and secured.
6. The university with confirmed admission must be affiliated to UGC/AICTE/Govt. etc.
7. Those pursuing a full-time educational course must have a co-partner or applicant in the form of a parent or guardian.
8. Family annual income must be represented in a correct documentation format.

Online Study Loans come with a rate of interest, that varies from bank to bank. The educational loan interest rates start from 6 % p.a with a loan tenure of up to 15 years. These rates are offered in loans used for both post-graduate studies, and graduate studies in India as well as abroad.

The courses which are eligible for an education loan are decided by a lender, one can get access to student loans online for full-time or even part-time courses. These study loans are offered for working professionals too with a rate of interest charged every year.

Each bank or financial institution offered different interest rate and floating interest rate packages that are most likely based on the repo rate.

At Fintake, along with lower interest rates, we offer a competitive rate of interest for our students. This allows them to plan their further studies without worrying about risks and scams.

Applying for an educational loan at FinTake is extremely easy. One can avail a loan with the parents and guardians taken as co-applicants. The loan repayment begins after a year of completing of studies or within six months of getting a job. Moreover, documents such as college admission letters, fee structure, KYC documents, Family income documents, bank statements, salary slips and IT returns.

FinTake allows funds that are credited directly to your account. All you have to do is fill out an online application money loan form with your personal, and educational details.

The next step is to select a tenure and upload all the required documents. FinTake will then connect you with a representative shortly. After which your documents are verified by the bank, resulting in a confirmation mail.

Soon after, your loan gets approved and the required amount is credited directly to your bank account.

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.