Education Loan

Explore Your Options

Invest in the Future

Let your kids choose their Future wisely with the right financial support.

In India, the majority of choice of education is impacted by just the lack of the appropriate amount of funds. At ReferLoan we took the initiative to ease it with the help of the right choice of Education Loans. We give your child the wings to fly!

A Wide Range of Education Loan To Choose From
Bank Name Rate of Interest Processing Fees Loan Amount Apply Now
HDFC Bank Education Loan 11% to 14% 1% 2 Lac- Any amount Coming Soon


Brighten Up Your Child’s Future in Just 4 Easy Steps

If your Education Loan Approval is time-consuming, it could hamper your chances of pursuing your dream course. Hence, we have made the process easy and quick for all our applicants.

Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, the amount will be disbursed to your account shortly.

Eligibility To Apply For An Education Loan

Applying For Educational Loan Eligibility And Criteria

Applicants should have secured admission to a college or university affiliated with the University Grants Commission (UGC)/All India Council for Technical Education (AICTE)/Government etc.

Full-time students must be accompanied by a co-applicant, who can be either a parent or guardian or spouse.

The Co-applicant must have a regular and reliable source of income

RESIDENT: Applicant must be an Indian Resident

AGE CRETERIA: Applicants must be between 18 and 35 years of age when applying for a loan.

EDUCATION: Applicants must be undergoing a graduate/postgraduate degree or a PG diploma.

Keep The Right Documents By Your Side For A Smoother Process

Required Documents

KYC of an applicant consist of the following documents

PAN Card

Aadhaar Card

Driving Licence

Voter ID



Our Effective Loans
Services & Solutions

An education loan is the best financial aid for pursuing further studies abroad or nationwide. A student can avail of an education loan that will cover the finances of his/her overall educational needs, that includes tuition fees, hostel fees, etc.

If you fail to repay your education loan, the lender will send reminders to you and your guarantor. Failure to heed the warnings will result in loan default, negatively impacting your credit score. Ultimately you won’t be able to get any further loans in the future.

Yes, it is possible to cancel an education loan even after its approval. However, you must be familiar with the requirements to follow to cancel the education loan. You must present certain proof in addition to fulfilling certain requirements to satisfy those particular requirements.

The answer is Yes, only if you meet the conditions for a second education loan. You have the option of getting this loan from the same bank from where you took the first loan or even look for a different lender.