Education Loan

Education Loan

At Jeevan Finance Company, we understand that education is the foundation for a bright future. To help students pursue their academic dreams without financial barriers, we offer flexible and affordable education loans. Our education loans are designed to cover a wide range of academic expenses, including tuition fees, accommodation, study materials, and other associated costs, making higher education accessible to all.

Eligibility Criteria

Student Eligibility

Must be a resident of India.
Must have secured admission to a recognized university, college, or institution in India or abroad.
Must be pursuing undergraduate, postgraduate, or professional courses.

Co-Borrower Requirement
A co-borrower (parent, guardian, or spouse) is typically required for education loans. The co-borrower should have a stable income source to ensure loan repayment in case of unforeseen circumstances.



Why Choose Jeevan Finance for Education Loans

Affordable Interest Rates
We offer competitive interest rates on education loans, ensuring that your repayments are manageable and that pursuing higher education doesn’t become a financial burden.

Flexible Repayment Options
Our education loans come with flexible repayment options that align with your career and financial situation. We provide grace periods and moratoriums, allowing students to start repaying the loan after completing their studies and securing a job.

High Loan Amounts
Whether you're pursuing studies in India or abroad, Jeevan Finance offers loans that cover a wide range of expenses. We provide generous loan amounts based on the course, institution, and country of study, ensuring that you have the financial support needed to pursue your dreams.

Fast and Easy Processing
Jeevan Finance understands the urgency of securing funds for education. Our loan approval process is streamlined to ensure that you receive funds quickly, enabling you to meet admission deadlines without hassle.

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Repayment Options

Grace Period

We offer a grace period (moratorium) during which students are not required to make any loan repayments. This period typically lasts until the course completion plus an additional 6 to 12 months after securing employment.

EMI Repayment

Post the grace period, repayment is made in Equated Monthly Installments (EMIs), spread over a tenure of 5 to 15 years, ensuring affordable monthly payments that align with your income.

Prepayment Option

We offer a prepayment option without any penalties. This allows you to repay the loan early if you are in a position to do so, helping you save on interest costs.

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