Pursuing higher education can be expensive, but an education loan helps ease the financial burden. At DigiFiin Consulting, we guide students and parents through the education loan application process, offering competitive interest rates from our trusted banking and NBFC partners.
Step 1: Understand Your Eligibility
✔️ Age: Typically 18 to 35 years for students ✔️ Academic Admission: Confirmed admission in a recognized institution in India or abroad ✔️ Co-applicant: A parent, spouse, or guardian is usually required as a co-borrower ✔️ CIBIL Score: A good credit history enhances approval chances
Step 2: Prepare the Required Documents
📑 Identity Proof: Aadhaar, PAN card, or passport 📑 Admission Proof: Offer letter from the educational institution 📑 Academic Records: Previous mark sheets and certificates 📑 Income Proof: Salary slips, ITR, or bank statements of the co-applicant 📑 Loan Estimate: Course fee structure and other cost details
Step 3: Explore Loan Options with DigiFiin Consulting
We help you compare loan offers from top lenders to find the most favorable terms: ✅ Collateral-Free Loans: For amounts up to ₹7.5 lakh (varies by lender) ✅ Flexible Repayment: Moratorium period available (course duration + 6 months to 1 year) ✅ Tax Benefits: Under Section 80E of the Income Tax Act
Step 4: Submit Your Loan Application
We streamline the application process by coordinating with our banking partners to ensure quick approvals.
Step 5: Track and Manage Repayments
Post-approval, use the lender’s online services for EMI tracking and payment management. DigiFiin Consulting offers guidance on repayment options, including EMI plans or bullet payments for faster closure.
Get Expert Assistance with DigiFiin Consulting
At DigiFiin Consulting, we make education loans simple and accessible: ✅ Expert Advice: Tailored loan solutions from our partner banks ✅ Quick Approvals: Hassle-free documentation and fast processing ✅ Best Rates: Lowest interest rates through our NBFC tie-ups
📞 Contact us at +91 72978 98290, visit www.digifiin.com, or message us on WhatsApp for expert guidance on your education loan journey.
