CapitaWorld Education Loan Get Lowest Interest Rate in Gujarat & Maharashtra
Get Lowest Interest Rate on Education Loan Online in Gujarat & Maharashtra
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EDUCATION LOAN Education loan is availed by students to fund their future education expenses. The loan borrower is not needed to repay the loan immediately. Post the completion of the course, the repayment cycle begins. The education loan is usually provided to the applicant in the form of a draft payable to the chosen institution. Apply Education Loan Online in Gujarat & Maharashtra. APPLICATION OF FUNDS • • • • • •
Flight Booking Paying Tuition fee Build a base of Good credit history Receive tax benefits under sec 80 E Purchasing laptop or desktop computers Make your children independent & mature
LOAN FEATURES • • •
Interest Rate: 9% onwards Term: 5-7 years Security: (a) Up to Rs. 4 Lakhs: No collateral is required, but a parent needs to be the co-applicant. (b) Between Rs. 4 Lakhs to Rs. 7.5 Lakhs: The collateral should be a third party guarantor along with collateral security from the parents. (c) Above Rs. 7.5 Lakhs: The parents need to be co-borrowers and tangible collateral security is required.
DOCUMENTS REQUIRED • • • • •
ID proof and Address Proof Income proof of Co-applicant Bank Statement/Pass Book of last 6 months Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses Copy of admission letter or the Institute along with Fees Schedule *More documents can be asked based on student profile and course chosen. GET DETAILED INFORMATION • • •
Email: info@capitaworld.com Website: https://www.capitaworld.com/ Phone Number: (091) 95120-15768