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Education Loan

About Education Loan

Get Instant Education Loan in India with Loanzbazar for a brighter future

Why should your future suffer because of less funds? Loanzbazar helps you get an instant education loan at an affordable rate and apply for it quickly. With a student loan available, you can get into the college of your dreams in no time.

Loanzbazar helps to finance your dreams. We offer education loans ranging from Rs 50,000 to Rs 10,00,000 depending on your criteria. We offer educational loans for a wide range of purposes, thereby helping individual students finance their dreams.

Loan Amount



Rate of interest



Loan Tenure

6 Months

72 Months

Calculated EMI*

Finance your dream and study in the college of your choice

With Loanzbazar get an opportunity to find a loan of your choice. Getting into your dream college can often prove to be pretty expensive. Considering the fact that education is pretty expensive in today’s time, we are helping individuals get into the college of their dreams.

Loanzbazar is bringing the best solutions for learning. If you are an aspiring student or have a university in mind, applying for the education loan here can be easy. Applying for an online education loan with Loanzbazar can be affordable. Check out the benefits of applying for education from us in the sections below.

Check Loan Eligibility at loanbazar

Compare Offers Here


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Loanzbazar brings a host of benefits for education loan

Loanzbazar is helping individuals get a loan for education or learning purposes instantly. Applying for the same with us can help you get various benefits. These include:


Easy Loan approval

At Loanzbazaar, we help you get an approval within 24-36 hours


Flexible repayment option

Pay constantly for six months and after that you can switch to higher repayments.


Long tenure for EMI payment

The EMI repayment tenure at Loanzbazar will vary from 6 to 60 months. Choose whatever is convenient for you..


Less documentation

We help you get pre-education sanction with less documents for your approval.


Complete transparency

At Loanzbazar, we do not have any hidden charges. Therefore, we help to maintain complete transparency.


Higher loan amount

The education loan that we offer you ranges from Rs 50,000 to Rs 10 lacs.

Documents to Apply for a Education Loan

When applying for a Education loan, you will need to submit the following documents:
  1. PAN Card
  2. Identity proof (Aadhaar Card, Driving licence, Passport, Voter ID, etc.)
  3. Signature Proof (Passport, PAN card, etc.)
  4. Address proof (Passport copy, Aadhaar card, driving licence, utility bill – gas or electricity bill, Voter ID ,ration card, rent agreement, etc.)
  5. Bank statements of the past 6 months
As a salaried individual, you additionally need to submit the following:
  • As a salaried individual, you additionally need to submit the following:
  • Income Tax Returns for the last 2 years
  • Education proof (License, registration certificate, GST number)
  • IT Assessment OR Clearance Certificate
  • Income Tax Challans OR TDS Certificate (Form 16A) OR Form 26 AS for income declared in ITR
Please note that depending on your individual profile and Fullerton India’s policy at the time of loan application, additional documents may be requested.

Loanbazar Education Loan Eligibility

  • You must be a Salaried Employee
  • Age: 23-55 years old
  • Net Monthly Income must be more than Rs. 20,000.
  • No defaults in the last 24 months.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai,Mumbai or Hyderabad.

What does an education loan cover?

Our education loan covers maximum repayment tenure. Furthermore, we will cover all the expenses related to your college and admissions.

Flexible Repayment options

Final installment options for a loan will be decided based on your profile and inputs.

Education Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.

How to apply

Avail our personal loans through your preferred platform and enjoy unmatched convenience at your fingertips…


Via Website


Via Our App


Via WhatsApp


Via Call

Compare loans at Mumbai, Pune, Navi Mumbai, Thane, Delhi and Bangalore.

We offer education loans to students across Mumbai, Pune, Navi Mumbai, Thane, Delhi and Bangalore.

Bank Name Rate of Interest for Salaried Employee
HDFC Bank 10.99% - 17.85%
Axis Bank 11.99% to 24%
ICICI Bank 10.99% - 17.85%
Standard Chartered Bank 11% - 16%
IndusInd Bank 14% - 16%
Kotak Bank 11.50% - 24.00%
Bajaj Finance 14.25% - 16.75%
HDB Finance 14% - 21%
Fullerton Finance 13.00% - 24.00%
State Bank of India 11.00% - 17.65%
IDFC Bank 10.99% - 17.85%
IDFC Bank 10.99% - 17.85%
Tata Capital 13.50% - 18%
Yes Bank 12.50% - 16.00%


Students seeking admission in any recognized college of India can get an educational loan.

The process for applying for the education loan is mentioned in the sections above. Scroll up to know more.

The eligibility criteria for students trying to get an educational loan is mentioned in the sections above. Check them out.

No. When you apply for an education loan at Loanzbazar, there will be no extra charges.

The education loans are available in Mumbai, Pune, Navi Mumbai, Thane, Delhi and Bangalore.