Achieve your higher education goals with InCred Finance Education Loan, designed to cover tuition and related expenses comprehensively. Borrow up to ₹1.5 Crores by applying on Bajaj Markets and cover up to 100% of your tuition fees and related expenses.

 

You can benefit from competitive interest rates starting at 11.50% p.a., with flexible repayment tenures of up to 15 years.

InCred Finance Education Loan Interest Rates and Charges

Knowing the interest rates and charges of this loan can help you understand the overall cost of borrowing before making a decision.

Particulars

Details

Starting Interest Rate

11.50% p.a.

Processing Fee

1.5% + GST

*Disclaimer: The aforementioned interest rates and charges are subject to change at the lender’s discretion.

InCred Finance Education Loan EMI Calculator

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Features and Benefits of the InCred Finance Education Loan

High Loan Amount

Secure loan amounts of up to ₹1.5 Crores by opting for a secured loan

Maximum Loan Tenure

Repay the loan at your convenience over tenures ranging up to 15 years

Zero Prepayment Charges

Prepay or foreclose your loan without having to pay any extra charges

Up to 100% Funding

Finance up to 100% of tuition fees and related education costs (subject to lender’s discretion)

Instant Approvals

Fulfill simple eligibility criteria and get immediate approval on your loan application

Unsecured Loan Option

Access a loan of up to ₹80 Lakhs without the need for collateral

InCred Finance Education Loan Eligibility Criteria and Documents Required

Ensure you meet the following education loan eligibility criteria before applying for this loan:

  • You must fall under the age bracket of 21 to 32 years 

  • You can be eligible for this loan only if you are pursuing a degree abroad

  • You should have a good GMAT/GRE test score

     

In addition to this, certain other factors will also be taken into consideration when determining your eligibility. These include your academic achievements, track record, choice of course and university, professional experience, internships, and projects.

Furthermore, you will also be required to furnish the following documents:

  • Unconditional offer letter from a university

  • I-20 form

  • Sanction letter from NBFC

How to Apply for the InCred Finance Education Loan?

Here is how you can apply for this education loan through Bajaj Markets:

  1. Click on the ‘CHECK OFFER’ option on this page

  2. Select whether you are applying for Study Abroad or Study in India

  3. Enter your personal details such as name, date of birth, email ID, contact number, and PIN code

  4. Provide your course details, including admission status, course type, course name, university name, loan amount, and expected enrolment date

  5. Fill in co-applicant details like name, contact number, and PIN code (if applicable)

  6. Review the declarations, accept the terms and conditions, and select the WhatsApp update option if you wish

  7. Click on the ‘PROCEED’ button to submit your application

Following this, an executive will contact you to further process your loan application.

How to Contact InCred Finance for an Education Loan?

InCred Finance offers multiple ways for you to contact customer support for loan-related queries. You can choose the option that is most convenient for you.

  • Email

Write to care@incred.com for assistance with education loan queries 

  • Phone

Call the customer care team of InCred Finance on 1800-102-2192

  • WhatsApp

Connect instantly through WhatsApp on +91-8826272192 for real-time support

  • Branch Visits

Visit the nearest InCred Finance branch to receive in-person guidance

Frequently Asked Questions

Can I fund the tuition fees for a degree abroad with the help of an InCred Finance Education Loan?

Yes. You can pay up to 100% of the tuition fees to study for a degree abroad with the help of this loan.

Can I prepay or foreclose an InCred Finance Education Loan?

Yes. You can prepay or foreclose this education loan without having to pay any additional charges.

How much can I borrow with the help of the InCred Finance Education loan?

You can borrow up to ₹80 Lakhs through the InCred Finance Education Loan without collateral. Through the secured option, you can secure up to ₹1.5 Crores by providing collateral.

What is the InCred Finance Education Loan repayment tenure?

The repayment tenure for an InCred Finance Education Loan can extend up to 180 months or 15 years. This offers flexibility to manage repayment comfortably, based on your financial situation.

✓ Up to 100% Funding ✓ Interest Rates starting from 11.50% p.a. ✓ Get up to ₹75 Lakhs Check Offer
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