Invest in a Brighter Future with Partibha Finance
Education is the key to success, and at Partibha Finance, we believe that financial constraints should never stop you from achieving your academic dreams. Whether you want to study in India or abroad, our Education Loan provides easy financing for tuition fees, accommodation, books, travel expenses, and other educational needs.
With low-interest rates, flexible repayment options, and quick approvals, we make higher education affordable and stress-free.
Why Choose Partibha Finance for an Education Loan?
- High Loan Amounts – Get up to ₹50 Lakhs based on your course and institution.
- Low-Interest Rates – Affordable EMI plans with no hidden charges.
- Quick Loan Disbursal – Fast processing to ensure timely fee payments.
- Flexible Repayment Tenure – Choose from 5 to 15 years.
- Moratorium Period – Start repayment after course completion.
- Loans for India & Abroad – Covers studies at top universities globally.
- 100% Financing Available –No margin money required for selected courses.
What Does Our Education Loan Cover?
- Tuition Fees – Full or partial funding for academic fees.
- Accommodation & Living Expenses – Hostel, PG, or rental costs covered.
- Travel Expenses – Airfare and transportation costs for overseas education.
- Books & Study Materials – Funding for essential learning resources.
- Laptop & Gadgets – Financial support for necessary technology.
- Examination & Other Fees – Covers university deposits, lab fees, and exam costs.
Who Can Apply for an Education Loan?
- Students pursuing higher education in India or abroad.
- Courses approved by AICTE, UGC, IIM, IIT, NIT, ISB, and other recognized universities.
- Professional courses (Engineering, Medical, MBA, Law, etc.).
- Parents/Guardians can apply as co-applicants for students below 18 years.
Eligibility Criteria for an Education Loan
- Indian citizen with confirmed admission to a recognized college/university.
- Age between 18 to 35 years at the time of loan application.
- A co-borrower (parent/guardian) is required for all student loans.
- Stable income source of the co-applicant for loan repayment assurance.
- Credit score of 700+ for better interest rates and approval chances.
Documents Required for an Education Loan
- Identity Proof – Aadhaar Card, PAN Card, Passport, Voter ID.
- Address Proof – Utility Bill, Rental Agreement, Driving License.
- Admission Letter – Proof of admission from a recognized institution.
- Fee Structure – Breakdown of tuition and other academic costs.
- Income Proof – Salary slips (last 3 months) or ITR of co-applicant.
- Bank Statements – Last 6 months’ account statements of co-applicant.
How to Apply for an Education Loan?
- Step 1: Fill out the online loan application form at partibhafinanceservices.com.
- Step 2: Upload required documents for verification.
- Step 3: Loan approval & sanction based on eligibility.
- Step 4: Funds disbursed directly to the institution.
Education Loan Repayment Options
- Moratorium Period – Repayment starts 6-12 months after course completion.
- Flexible EMI Plans – Choose a tenure of up to 15 years.
- Part-Payment & Foreclosure – Prepay the loan with zero or minimal charges.
Benefits of an Education Loan
- No Financial Burden on Parents – Loan repayment starts after completing the course.
- Higher Loan Amounts for Global Education – Covers tuition, travel, and living expenses.
- Tax Benefits – Interest paid on education loans qualifies for tax deduction under Section 80E.
- Builds Student Credit History – Helps in future loan approvals.
- Government Subsidy Schemes – Avail benefits for economically weaker sections.