Explore the features, eligibility, and interest rates of the InCred Finance Education Loan. Learn how to apply on Bajaj Markets.
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.
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.
Secure loan amounts of up to ₹1.5 Crores by opting for a secured loan
Repay the loan at your convenience over tenures ranging up to 15 years
Prepay or foreclose your loan without having to pay any extra charges
Finance up to 100% of tuition fees and related education costs (subject to lender’s discretion)
Fulfill simple eligibility criteria and get immediate approval on your loan application
Access a loan of up to ₹80 Lakhs without the need for collateral
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
Here is how you can apply for this education loan through Bajaj Markets:
Click on the ‘CHECK OFFER’ option on this page
Select whether you are applying for Study Abroad or Study in India
Enter your personal details such as name, date of birth, email ID, contact number, and PIN code
Provide your course details, including admission status, course type, course name, university name, loan amount, and expected enrolment date
Fill in co-applicant details like name, contact number, and PIN code (if applicable)
Review the declarations, accept the terms and conditions, and select the WhatsApp update option if you wish
Click on the ‘PROCEED’ button to submit your application
Following this, an executive will contact you to further process your loan application.
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.
Write to care@incred.com for assistance with education loan queries
Call the customer care team of InCred Finance on 1800-102-2192
Connect instantly through WhatsApp on +91-8826272192 for real-time support
Visit the nearest InCred Finance branch to receive in-person guidance
Yes. You can pay up to 100% of the tuition fees to study for a degree abroad with the help of this loan.
Yes. You can prepay or foreclose this education loan without having to pay any additional charges.
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.
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.