✓ Interest Rates starting from 10.25% p.a. ✓ Get up to ₹1.5 Cr ✓ Tenure up to 15 years Check Offer

Do you wish to fulfil your educational aspirations, but lack the funds for it? Bajaj Markets now enables you to achieve your domestic and international academic pursuits. You can get an education loan of up to ₹1.5 Crores at competitive interest rates starting from 10.25% p.a. You can fund up to 100% of your tuition fees and other related expenses. Repay the same over a tenure of up to 15 years. What’s more! You can compare multiple lenders and apply for a student loan on Bajaj Markets to enjoy seamless documentation, quick approval, with complete transparency.

Compare Education Loans

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Interest Rate Range
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Maximum Loan Amount
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Maximum Tenure
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InCred Finance

11.50% to 15%

p.a.

₹1.5 Crores

15 Years

4.2
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4K
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Propelld

12% to 15% (IRR)

p.a.

₹25 Lakhs

10 Years

4.0
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4.2K
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Credila

10.25% p.a. onwards

₹75 Lakhs

15 years

4.5
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4.2K
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*Disclaimer: The aforementioned details are subject to change at the lender’s discretion.

Calculate Your Education Loan EMI Online

Loan Amount
₹ 1 L
₹ 10 L
₹ 1 Cr
Tenure
Months
12 M
126 M
240 M
Rate of Interest
9.00%
14.50%
20.00%
Education Loan
Your Monthly Education Loan EMI
₹6,333.79
Principal Amount
₹5,00,000
Total Interest
₹2,60,054.64
Total Amount Payable
₹7,60,054.64
Amortization Schedule
Download Amortization Schedule Download
Expand Amortization Schedule
Year Payable Amount Principal Interest Balance
2025 ₹ 63,340 ₹ 26,728 ₹ 36,611 ₹ 4,73,272
Mar₹ 6,334₹ 2,584₹ 3,750₹ 4,97,416
Apr₹ 6,334₹ 2,603₹ 3,731₹ 4,94,813
May₹ 6,334₹ 2,623₹ 3,711₹ 4,92,190
Jun₹ 6,334₹ 2,642₹ 3,691₹ 4,89,548
Jul₹ 6,334₹ 2,662₹ 3,672₹ 4,86,886
Aug₹ 6,334₹ 2,682₹ 3,652₹ 4,84,204
Sep₹ 6,334₹ 2,702₹ 3,632₹ 4,81,501
Oct₹ 6,334₹ 2,723₹ 3,611₹ 4,78,779
Nov₹ 6,334₹ 2,743₹ 3,591₹ 4,76,036
Dec₹ 6,334₹ 2,764₹ 3,570₹ 4,73,272
2026 ₹ 76,008 ₹ 34,824 ₹ 41,183 ₹ 4,38,448
Jan₹ 6,334₹ 2,784₹ 3,550₹ 4,70,488
Feb₹ 6,334₹ 2,805₹ 3,529₹ 4,67,683
Mar₹ 6,334₹ 2,826₹ 3,508₹ 4,64,857
Apr₹ 6,334₹ 2,847₹ 3,486₹ 4,62,009
May₹ 6,334₹ 2,869₹ 3,465₹ 4,59,141
Jun₹ 6,334₹ 2,890₹ 3,444₹ 4,56,251
Jul₹ 6,334₹ 2,912₹ 3,422₹ 4,53,339
Aug₹ 6,334₹ 2,934₹ 3,400₹ 4,50,405
Sep₹ 6,334₹ 2,956₹ 3,378₹ 4,47,449
Oct₹ 6,334₹ 2,978₹ 3,356₹ 4,44,471
Nov₹ 6,334₹ 3,000₹ 3,334₹ 4,41,471
Dec₹ 6,334₹ 3,023₹ 3,311₹ 4,38,448
2027 ₹ 76,008 ₹ 38,089 ₹ 37,915 ₹ 4,00,357
Jan₹ 6,334₹ 3,045₹ 3,288₹ 4,35,403
Feb₹ 6,334₹ 3,068₹ 3,266₹ 4,32,334
Mar₹ 6,334₹ 3,091₹ 3,243₹ 4,29,243
Apr₹ 6,334₹ 3,114₹ 3,219₹ 4,26,129
May₹ 6,334₹ 3,138₹ 3,196₹ 4,22,991
Jun₹ 6,334₹ 3,161₹ 3,172₹ 4,19,830
Jul₹ 6,334₹ 3,185₹ 3,149₹ 4,16,644
Aug₹ 6,334₹ 3,209₹ 3,125₹ 4,13,436
Sep₹ 6,334₹ 3,233₹ 3,101₹ 4,10,203
Oct₹ 6,334₹ 3,257₹ 3,077₹ 4,06,945
Nov₹ 6,334₹ 3,282₹ 3,052₹ 4,03,664
Dec₹ 6,334₹ 3,306₹ 3,027₹ 4,00,357
2028 ₹ 76,008 ₹ 41,664 ₹ 34,342 ₹ 3,58,693
Jan₹ 6,334₹ 3,331₹ 3,003₹ 3,97,026
Feb₹ 6,334₹ 3,356₹ 2,978₹ 3,93,670
Mar₹ 6,334₹ 3,381₹ 2,953₹ 3,90,289
Apr₹ 6,334₹ 3,407₹ 2,927₹ 3,86,882
May₹ 6,334₹ 3,432₹ 2,902₹ 3,83,450
Jun₹ 6,334₹ 3,458₹ 2,876₹ 3,79,992
Jul₹ 6,334₹ 3,484₹ 2,850₹ 3,76,508
Aug₹ 6,334₹ 3,510₹ 2,824₹ 3,72,998
Sep₹ 6,334₹ 3,536₹ 2,797₹ 3,69,462
Oct₹ 6,334₹ 3,563₹ 2,771₹ 3,65,899
Nov₹ 6,334₹ 3,590₹ 2,744₹ 3,62,310
Dec₹ 6,334₹ 3,616₹ 2,717₹ 3,58,693
2029 ₹ 76,008 ₹ 45,572 ₹ 30,435 ₹ 3,13,121
Jan₹ 6,334₹ 3,644₹ 2,690₹ 3,55,049
Feb₹ 6,334₹ 3,671₹ 2,663₹ 3,51,379
Mar₹ 6,334₹ 3,698₹ 2,635₹ 3,47,680
Apr₹ 6,334₹ 3,726₹ 2,608₹ 3,43,954
May₹ 6,334₹ 3,754₹ 2,580₹ 3,40,200
Jun₹ 6,334₹ 3,782₹ 2,552₹ 3,36,418
Jul₹ 6,334₹ 3,811₹ 2,523₹ 3,32,607
Aug₹ 6,334₹ 3,839₹ 2,495₹ 3,28,768
Sep₹ 6,334₹ 3,868₹ 2,466₹ 3,24,900
Oct₹ 6,334₹ 3,897₹ 2,437₹ 3,21,003
Nov₹ 6,334₹ 3,926₹ 2,408₹ 3,17,076
Dec₹ 6,334₹ 3,956₹ 2,378₹ 3,13,121
2030 ₹ 76,008 ₹ 49,847 ₹ 26,157 ₹ 2,63,273
Jan₹ 6,334₹ 3,985₹ 2,348₹ 3,09,135
Feb₹ 6,334₹ 4,015₹ 2,319₹ 3,05,120
Mar₹ 6,334₹ 4,045₹ 2,288₹ 3,01,074
Apr₹ 6,334₹ 4,076₹ 2,258₹ 2,96,999
May₹ 6,334₹ 4,106₹ 2,227₹ 2,92,892
Jun₹ 6,334₹ 4,137₹ 2,197₹ 2,88,755
Jul₹ 6,334₹ 4,168₹ 2,166₹ 2,84,587
Aug₹ 6,334₹ 4,199₹ 2,134₹ 2,80,388
Sep₹ 6,334₹ 4,231₹ 2,103₹ 2,76,157
Oct₹ 6,334₹ 4,263₹ 2,071₹ 2,71,894
Nov₹ 6,334₹ 4,295₹ 2,039₹ 2,67,600
Dec₹ 6,334₹ 4,327₹ 2,007₹ 2,63,273
2031 ₹ 76,008 ₹ 54,523 ₹ 21,482 ₹ 2,08,749
Jan₹ 6,334₹ 4,359₹ 1,975₹ 2,58,914
Feb₹ 6,334₹ 4,392₹ 1,942₹ 2,54,522
Mar₹ 6,334₹ 4,425₹ 1,909₹ 2,50,097
Apr₹ 6,334₹ 4,458₹ 1,876₹ 2,45,639
May₹ 6,334₹ 4,492₹ 1,842₹ 2,41,147
Jun₹ 6,334₹ 4,525₹ 1,809₹ 2,36,622
Jul₹ 6,334₹ 4,559₹ 1,775₹ 2,32,063
Aug₹ 6,334₹ 4,593₹ 1,740₹ 2,27,470
Sep₹ 6,334₹ 4,628₹ 1,706₹ 2,22,842
Oct₹ 6,334₹ 4,662₹ 1,671₹ 2,18,179
Nov₹ 6,334₹ 4,697₹ 1,636₹ 2,13,482
Dec₹ 6,334₹ 4,733₹ 1,601₹ 2,08,749
2032 ₹ 76,008 ₹ 59,639 ₹ 16,369 ₹ 1,49,111
Jan₹ 6,334₹ 4,768₹ 1,566₹ 2,03,981
Feb₹ 6,334₹ 4,804₹ 1,530₹ 1,99,177
Mar₹ 6,334₹ 4,840₹ 1,494₹ 1,94,337
Apr₹ 6,334₹ 4,876₹ 1,458₹ 1,89,461
May₹ 6,334₹ 4,913₹ 1,421₹ 1,84,548
Jun₹ 6,334₹ 4,950₹ 1,384₹ 1,79,599
Jul₹ 6,334₹ 4,987₹ 1,347₹ 1,74,612
Aug₹ 6,334₹ 5,024₹ 1,310₹ 1,69,588
Sep₹ 6,334₹ 5,062₹ 1,272₹ 1,64,526
Oct₹ 6,334₹ 5,100₹ 1,234₹ 1,59,426
Nov₹ 6,334₹ 5,138₹ 1,196₹ 1,54,288
Dec₹ 6,334₹ 5,177₹ 1,157₹ 1,49,111
2033 ₹ 76,008 ₹ 65,234 ₹ 10,773 ₹ 83,878
Jan₹ 6,334₹ 5,215₹ 1,118₹ 1,43,896
Feb₹ 6,334₹ 5,255₹ 1,079₹ 1,38,641
Mar₹ 6,334₹ 5,294₹ 1,040₹ 1,33,347
Apr₹ 6,334₹ 5,334₹ 1,000₹ 1,28,013
May₹ 6,334₹ 5,374₹ 960₹ 1,22,640
Jun₹ 6,334₹ 5,414₹ 920₹ 1,17,226
Jul₹ 6,334₹ 5,455₹ 879₹ 1,11,771
Aug₹ 6,334₹ 5,496₹ 838₹ 1,06,276
Sep₹ 6,334₹ 5,537₹ 797₹ 1,00,739
Oct₹ 6,334₹ 5,578₹ 756₹ 95,161
Nov₹ 6,334₹ 5,620₹ 714₹ 89,541
Dec₹ 6,334₹ 5,662₹ 672₹ 83,878
2034 ₹ 76,008 ₹ 71,352 ₹ 4,654 ₹ 12,526
Jan₹ 6,334₹ 5,705₹ 629₹ 78,174
Feb₹ 6,334₹ 5,747₹ 586₹ 72,426
Mar₹ 6,334₹ 5,791₹ 543₹ 66,636
Apr₹ 6,334₹ 5,834₹ 500₹ 60,802
May₹ 6,334₹ 5,878₹ 456₹ 54,924
Jun₹ 6,334₹ 5,922₹ 412₹ 49,002
Jul₹ 6,334₹ 5,966₹ 368₹ 43,036
Aug₹ 6,334₹ 6,011₹ 323₹ 37,025
Sep₹ 6,334₹ 6,056₹ 278₹ 30,968
Oct₹ 6,334₹ 6,102₹ 232₹ 24,867
Nov₹ 6,334₹ 6,147₹ 187₹ 18,720
Dec₹ 6,334₹ 6,193₹ 140₹ 12,526
2035 ₹ 12,668 ₹ 12,527 ₹ 141 ₹ 0
Jan₹ 6,334₹ 6,240₹ 94₹ 6,286
Feb₹ 6,334₹ 6,287₹ 47₹ 0

Features & Benefits

High Loan Amount

Secure amounts as high as ₹1.5 Crores and fulfil all your academic requirements

Competitive Interest Rates

Benefit from interest rates starting as low as 10.25% p.a.

Up to 100% Funding

With education loan, you can fund up to 100% of your tuition fees

Flexible Tenure

Repay the loan over tenures ranging up to 15 years

Study in India or Abroad

Pursue your academic ambitions with easy financial assistance for both domestic and international education

Unsecured Loan Option

You can borrow up to ₹80 Lakhs without having to submit any collateral. However, for a higher amount you may be asked to pledge your assets.

Eligibility Criteria and Documents Required

Here are some factors that are generally considered when evaluating your eligibility for the loan:

  • Academic achievements and track record

  • Grades and scores

  • Choice of course and university 

  • Professional experience

  • Internships

  • Projects

  • Financial status

 

Alongside this, you are typically also asked to furnish the following documents:

  • KYC documents

  • Income documents

  • Academic documents

  • Collateral-related documents (If opting for a secured loan)

  • Unconditional offer letter from a university

  • Form I-20 and valid proof for the same (if applicable)

  • Sanction letter from NBFC (if applicable)

How to Apply?

Follow these simple steps to apply for an education loan on Bajaj Markets:

  • Click on the ‘Apply Now’ option on this page

  • Fill in your personal and course-related details

  • Choose the required loan amount and the preferred tenure

  • Submit the application form

 

After this, a representative will reach out to you to further process your application.

Why Choose Bajaj Markets for an Education Loan

  • Rapid Processing

Your loan application is reviewed and verified within minutes through the online process

  • Quick Disbursals

If approved, the loan amount can be credited to your account within 2 days 

  • Minimal Documentation

The digital documentation process makes applying for the loan on Bajaj Markets very convenient

  • No Hidden Charges

You can be assured of zero hidden charges and complete transparency

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

FAQs

Can I use the loan amount to pay for my fees to study abroad?

Yes. You can use the amount obtained through an education loan to study abroad. It enables you to finance up to 100% of your tuition fees. 

How much can I borrow with the help of an education loan?

You can secure amounts as high as ₹1.5 Cr without submitting any collateral, by applying for this loan on Bajaj Markets. If you opt for a secured student loan, you can borrow an even higher amount. 

Where can I get a student loan?

You can research, compare, and apply for a student loan effortlessly on the Bajaj Markets platform. 

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