Q: The Education Loan will be provided to those students who have

Indian citizenshipObtained at least 50% of the maximum score in the 12th and graduation examsWho have been admitted to career-oriented programmes at the graduate or postgraduate level.After completing the 12th grade or under-graduation, secured admission in India through an entrance exam or merit-based selection process.Proof of regular family income is mandatory for all applicants.The eligibility for education loans shall be determined in accordance with the selected bank’s policy in effect at the time of loan application and payment

Q: How to Apply

RegisterFill in the detailsCheck your application status after 24 hoursSelected Candidates will receive a detailed mail stating how to avail the desired scholarship

Question 1

How can My Eduquer help you with student loans?

Accepted Answer

Give you the best bank with the most affordable interest rates and repayment methods.​Assist you throughout the procedure​Accessible supportApproaching colleges and other institutions to complete the proper paperworkTracking progressAssistance with Bank Scholarships

Question 2

Banks that My Eduquer works with to help you get student loans

Accepted Answer

Interest Rates

You’ve come to the right place if you’re looking for an education loan for yourself or your child. For students wanting to pursue higher education in India, Eduquer offers Education Loans at low interest rates. You can get a loan of up to Rs. 75 lakhs through My Eduquer Education Loan, which also offers quick payments and simple repayment options for efficient loan servicing. Eduquer will help you get loans from your desired banks at the lowest rates offered by them.

Repayment

For Student and Scholar Loan Schemes, the EMI repayment period begins 12 months after the course is completed or 6 months after securing employment, whichever comes first. The students get upto a period of 15 years to repay the loan.

Question 3

Eligibility

Accepted Answer

Students seeking to study in India can apply for education loans through My Eduquer. You can obtain loans with attractive interest rates and a number of perks. Know the requirements for receiving an education loan before applying for a student loan.

Question 4

The Education Loan will be provided to those students who have

Accepted Answer

Indian citizenship​Obtained at least 50% of the maximum score in the 12th and graduation examsWho have been admitted to career-oriented programmes at the graduate or postgraduate level.After completing the 12th grade or under-graduation, secured admission in India through an entrance exam or merit-based selection process.Proof of regular family income is mandatory for all applicants.The eligibility for education loans shall be determined in accordance with the selected bank’s policy in effect at the time of loan application and payment

Question 5

Documents required for Education Loan

Accepted Answer

KYC documentsBank Statement / Pass Book of last 6 monthsLetter from Parent/Guardian (optional)Copy of admission letter of the Institute along with fees scheduleMark sheets / passing certificates of 10th grade, 12th grade, Degree courses

Question 6

How to Apply

Accepted Answer

Register​Fill in the detailsCheck your application status after 24 hoursSelected Candidates will receive a detailed mail stating how to avail the desired scholarship

Education Loans

FAQ

Interest Rates

Repayment

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