What are Student Loans?
Indiabulls Dhani’s Education Loan is a personal loan for students, which you can avail to pay for any educational financial need. Whether it is pursuing
higher studies, paying for tuition fees, course books, relocation, etc, – all of this be covered under this loan. This student loan can help you apply for courses at any educational institute of your choice, whether
it is in India or abroad.
When it comes to student loans in India, Indiabulls Dhani provides you with a seamless loan availing experience. The Dhani app acts like your very own education loan app wherein you can apply for an education loan online in minutes and get the loan amount
in your account swiftly. Indiabulls Dhani’s Education loan is a personal loan for students who want to study in India or abroad and also for parents who want to arrange funds for their child’s educational needs.
Education Loan Details – Features & Benefits
With this student loan by Indiabulls Dhani, you can cover all your expenses for your education.
- Avail for any kind of education, professional or technical
- No restriction on any courses or institutes, India or abroad
- Get competitive student loan interest rates in India
- Loan for Students ranging from Rs 1,000 to Rs 15 Lakhs
- A completely digital process through the website or the mobile app
- The mobile application is available for both Android as well as IOS users
- Hassle-free documentation
- Instant money in your bank account
Tenure period ranging from 3 to 36 months
How to Get Education Loan in India?
Indiabulls Dhani has made the education loan process very simple. The Dhani website and the student loan app have brought the loan availing process right at your fingertips. Here is how you can apply for an education loan with Indiabulls Dhani.
Step 1 :Download the Indiabulls Dhani App Download thepersonal loan mobile app named Dhani from the Google Play Store or App Store
Step 2 : Log In Log in using Your Mobile Number
Step 3 : Identity Proof Enter your Identity Details, Address Proof and PAN Number
Step 4 : Loan Details Enter your loan details
Step 5 : Get Instant Approval After verification, you get an Instant Approval
Step 6 : Loan Details The money is disbursed immediately in your Bank Account
Education Loan EMI Calculator
The Education Loan EMI calculator is a personal loan EMI calculator which helps you get an estimate of your education loan EMIs. You need to enter the loan amount, interest rate and tenure. The EMI Calculator gives you an approximate amount of your EMIs.
Education Loan Interest Rates Education Loan EMI Calculator
Education Loan Interest Rates
Indiabulls Dhani offers competitive education loan interest rates which start from 13.99%.
Tips on How to Use a Personal Loan for your Education
Since the early days of independence, India has been striving hard to improve its literacy rate. Folks are now aware of the prominence of education in one’s life. Now, students are travelling all around the world to get the quality education they desire and deserve. However, studying abroad or even in India, for that matter, is an expensive affair. You can use an education loan to cover the following expenses:
1. To cover your course fee from that esteemed university or college
2. To pay for accommodation facilities like hostel, PG, flat, etc.
3. To purchase your course books and other stationery
4. To pay for your flight tickets to your hometown
5. To cover the costs related to relocation
Student Loans with Indiabulls Dhani
Indiabulls Dhani has made it easy to avail loan for students. With Indiabulls Dhani’s education loan, you can avail a loan right from your house. With this loan, you can do any type of courses such as Java certification course, etc. As this is a type
of a personal loan, there is no collateral involved. You can choose a flexible tenure and repay the loan according to your repayment capacity.
Education Loan FAQs
When can I avail an Education Loan?
You can avail a personal loan for education when you have decided which course you want to pursue.
Is there a specific course-based eligibility criterion?
No. There is no course-based eligibility criterion. You can avail an education loan for any kind of educational need which requires you to arrange for funds.
Do I have to mention my reason for availing the education loan?
No. We do not ask you for your reason to avail an education loan.
Is it necessary to have a Co-applicant?
No. You do not need a co-applicant to avail an education loan from Indiabulls Dhani.
What are the different types of documents required for an Education Loan in India?
To avail an Education loan from Indiabulls Dhani, you only need to enter the details of the below mentioned documents:
1. PAN Number
2. Address proof details
Does the information I enter remain secure?
Indiabulls Dhani makes sure that your personal information is safe from online threats.
Where can I download the Education Loan mobile application?
What is an Education loan EMI Calculator?
When you decide to take an education loan, you need to take into consideration all the expenses such as the course fees, tuition fees, hostel charges, etc. An Education Loan Calculator helps you get an approximate amount of your EMIs on the loan amount.
When does the loan amount gets disbursed into the account?
At Indiabulls Dhani, you get instant education loan approval. Once you receive the approval, the amount is deposited into your account in minutes.
What are the different tenure options for Education Loan?
The tenure option ranges from 3 months to 36 months.
If I Pre-pay my Education Loan, are there any charges for it?
If you wish to prepay your loan, Indiabulls Dhani does not charge you any prepayment fee till Rs 20,000.
How can I be eligible to avail an Education Loan in India?
Indiabulls Dhani’s Education loan eligibility is as follows:
- Indian resident aged 21 years and above
- Salaried professional or self-employed entrepreneur
Is there a minimum and maximum loan amount for Education Loan?
Indiabulls Dhani offers education loans online ranging from Rs 1,000 to Rs 15 Lakhs.