Education Loans @ 12%*

A good education is what paves the path to success, and we believe that everyone has the right to an education that will help them grow and prosper. That’s why our Education Loans are designed to finance meritorious students who choose to pursue a higher education, both in India and abroad. With quick approval rates, minimal documentation and high loan amounts based on income and repayment capacity, you will never be far away from making your dreams come true.

Education loans from NextFin aim at providing financial support to deserving / meritorious students for pursuing higher education in India and abroad. With an array of services to choose from and easy repayment options, NextFin makes sure you get complete financial backing.

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High Loan Amount

We offer loan amounts up to Rs 1 lakhs for your child’s education needs.

Attractive Interest Rates

Get the very lowest interest rates on education loans in the market.

Flexible Loan Tenure

Our education loans features a longer tenure of upto 12 months

Eligibility Criteria

NextFin brings you Education Loans for studies both in India and abroad starting from Rs. 20,000 at attractive interest rates. With our Education Loan you can enjoy a host of benefits such as simple documentation, quick loan disbursal, tax benefit u/s 80(E), long repayment tenure, etc.

  • Loan Amount = Rs 20,000 to Rs 1 Lakh
  • Tenure = 3 to 12 months
  • The applicant must be at least 16 years of age and not should be more than 35 years age.
  • Applicant should have confirmed admission in a college/educational institution at the time the loan application is made.
  • The Applicant should have a co-borrower such as a parent who acts as guarantor for the loan
  • Rest and final decision will depend on underwriting.

Documents Needed

Documents

  1. Admission confirmation letters and papers validating any scholarships the applicant has qualified for.
  2. Schedule of expenses for the course including tuition fees and other expenses.
  3. Score sheet of qualifying test(s)
  4. Bank account statements for last 6 months. (Can be a joint account with parent/guardian)
  5. 2 passport size photographs

 

Proof of Identity

  1. PAN Card
  2. Passport Copy
  3. Voter ID card
  4. Driving License

Proof of Address

  1. Aadhaar Card
  2. Ration card/ Telephone Bill/ Electricity Bill
  3. Driving License/ Passport copy
  4. Bank Passbook/ Statement

Proof of Income

  1. Bank account statements for last 6 months. (Can be a joint account with parent/guardian)

Why choose NextFin for Education Loans

Our unmatched loan products and experienced team ensure quick loan disbursals, hassle-free process and flexible tenures.

Loan disbursed within 72 working hours of the application approval.

Get the lowest interest rates on loans and maximise your benefits.

Flexible repayment tenure according to your needs.

Transparent, hassle-free and convenient application process.

Our products suit your needs at different life stages.

72 working hours loan disbursal turn around time post approval.

How does it work

  1. Getting Started

    To avail an Education Loan, simply apply online or call +918447804814. You could also e-mail us at support@nextfin.in

  2. Loan Approval

    Based on the information you enter, you will be given an instant decision. If yes, a NextFin representative may get in touch with you for any further information that may be required.

  3. Disbursal

    Your loan application will go through various stages of verification, which also includes verification of all documents as well as physical address verification & document collection. Post approval, the loan amount will be disbursed to your bank account.

FAQ’s

Read Education Loans FAQs here

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