Education Loan

At StarInvest, we believe in empowering students to pursue their dreams without financial constraints. Our Education Loan is designed to help students fund their higher education in India or abroad. Whether you're looking to pursue an undergraduate, postgraduate, or professional course, we provide financial assistance to cover tuition fees, living expenses, and other related costs. Our Education Loan is a stepping stone for those aspiring to achieve their academic goals and build a brighter future.

Eligibility Criteria for Education Loan

To qualify for an Education Loan at StarInvest, applicants must meet certain eligibility criteria:

1. Nationality: The applicant must be a resident Indian.
2. Age: The applicant should be between 18 to 35 years old.
3. Course: The loan is available for full-time courses at recognized universities or colleges, both in India and abroad. This includes undergraduate, postgraduate, and diploma programs in fields such as engineering, medicine, management, and more.
4. Academic Performance: A good academic record is typically required. Some programs may have specific eligibility requirements depending on the course or university.
5. Co-applicant: A co-applicant, usually a parent or guardian, is required to apply for the loan, especially for students under 18 years old or those without a regular income source.
6. Admission Status: The applicant must have secured admission to a recognized institution or university.

Required Documents

Applicants need to provide the following documents to apply for an Education Loan:

1. Proof of Identity: Aadhar card, passport, voter ID, etc.
2. Proof of Address: Utility bills, rental agreements, etc.
3. Academic Documents: Mark sheets, admission letter, etc.
4. Income Proof of Co-applicant: Salary slips, bank statements, income tax returns, etc.
5. Course Details: Offer letter or admission letter from the educational institution.
6. Bank Statements: Recent bank statements (6 months).

Loan Amount and Repayment Terms

StarInvest provides Education Loans ranging from ₹50,000 to ₹30 Lakhs (or more) depending on the course and institution. The loan covers tuition fees, exam fees, study material, and other essential expenses.

• Interest Rates: Competitive rates are offered with flexible repayment options.
• Repayment Period: You can avail up to 15 years to repay the loan after completion of your course, with a moratorium period during your studies.

At StarInvest, we aim to make your educational aspirations a reality, and our Education Loan is a step towards a successful and fulfilling academic career.