Empower your dreams of attaining a higher qualification and expanding your knowledge base with an InCred Finance Education Loan. Borrow amounts of up to ₹1.5 Crores with this loan, now available on Bajaj Markets and fund up to 100% of your tuition fee. It is available at nominal interest rates starting from just 11.50% p.a. You can further repay these loans at your convenience over tenures ranging up to 15 years.

Interest Rates and Charges

InCred Finance Education Loan interest rates and charges are provided below:

Interest Rate

11.50% to 15% p.a.

Processing Fee

0.75% to 1.5%

*Disclaimer: The aforementioned interest rates and charges are subject to change at the lender’s discretion.

InCred Finance Education Loan EMI Calculator

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Features & Benefits

High Loan Amount

Secure loan amounts as high as ₹1.5 Cr with the help of this loan

Maximum Tenure

Repay the loan at your convenience over tenures ranging up to 15 years

Zero Prepayment Charges

Prepay or foreclose your loan without having to pay any extra charges

Up to 100% Funding

Fund up to 100% of your tuition fees with the help of this educational loan

Instant Approvals

Fulfil the simple eligibility criteria and get instant approval on your loan application

Unsecured Loan Option

Get a collateral-free loan of up to ₹80 Lakhs. For a higher amount, provide any of your assets as security.

Eligibility Criteria and Documents Required

Ensure to meet the following eligibility criteria before applying for this loan:

  • You must fall under the age bracket of 21 to 32 years 

  • You can be eligible for this loan only if you are pursuing a degree abroad

  • You should have a good GMAT/GRE – test score

 

In addition to this, certain other factors will also be taken into consideration when determining your eligibility. These include, your academic achievements, track record, choice of course and university, professional experience, internships, and projects.

 

Furthermore, you will also be required to furnish the following documents:

  • Unconditional offer letter from a university

  • I-20 form

  • Sanction letter from NBFC

How to Apply?

Here is how you can apply for this education loan on Bajaj Markets :

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

  • Fill in your personal and course-related details

  • Select ‘InCred Finance’ from the list of lenders

  • Enter the required loan amount and tenure

  • Submit the online application

 

Following this, an executive will contact you to further process your loan application.

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 fund the tuition fees for a degree abroad with the help of Incred education loan?

Yes. You can pay up to 100% of the tuition fees to study for a degree abroad with the help of this education loan.

Can I prepay or foreclose InCred education loan?

Yes. You can prepay or foreclose this education loan without having to pay any additional charges.

How much can I borrow with the help of Incred Education loan?

You can secure amounts of up to ₹1.5 Cr with the help of an InCred Finance Education Loan.

✓ Up to 100% Funding ✓ Interest Rates starting from 10.25% p.a. ✓ Get up to ₹75 Lakhs Check Offer
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