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Aditya Birla Housing Finance Ltd Education Loan in Ahmedabad

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Adiyogi Enterprises is pleased to partner with Aditya Birla Housing Finance Ltd to offer an education loan designed to make your higher education goals achievable. With interest rates starting from 9.85% per annum, Aditya Birla Housing Finance provides education loans for studies in India and abroad, with loan amounts ranging from Rs 50,000 to Rs 25 Lakhs.

Aditya Birla Housing Finance Ltd Education Loan Highlights

Interest Rate Starting from 9.85% per annum
Loan Amount Rs 50,000 to Rs 25 Lakhs
Loan Tenure Up to 15 years
Processing Charges 1% of the loan amount (minimum Rs 1,500)

Aditya Birla Housing Finance Ltd Education Loan Eligibility

Age

  • Minimum 18 years and maximum 35 years at the time of loan application.

Income

  • The income of the co-applicant (typically parents or guardians) is considered for loan approval. No specific minimum income requirement for the student.

Course

  • Available for undergraduate, post-graduate, and professional courses in India and abroad, including fields like engineering, medical, management, law, and more.

Credit Score

  • A credit score of 750 or above is preferred for a quicker and smoother approval process, but the bank also considers the co-applicant's credit profile.

Aditya Birla Housing Finance Ltd Education Loan EMI Calculator

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Apply for Aditya Birla Housing Finance Ltd Education Loan

FAQ

Frequently Asked Questions

  • 1. What is the eligibility criteria for Aditya Birla Housing Finance Ltd Education Loan?

    To be eligible for an education loan from Aditya Birla Housing Finance Ltd, applicants must be Indian citizens, aged between 18 and 35 years, and have secured admission to a recognized course at a recognized institution. Both salaried and self-employed individuals can apply.

  • 2. What documents are required for Aditya Birla Housing Finance Ltd Education Loan?

    The required documents include proof of identity, proof of address, academic records, admission letter, income proof of the applicant and co-borrower, bank statements for the past 6 months, and any other documents requested by Aditya Birla Housing Finance Ltd.

  • 3. What is the interest rate for Aditya Birla Housing Finance Ltd Education Loan?

    The interest rate on education loans from Aditya Birla Housing Finance Ltd generally starts at around 9.5% per annum. The exact rate depends on various factors such as the applicant's profile and the loan amount.

  • 4. What is the maximum loan amount I can avail from Aditya Birla Housing Finance Ltd for education?

    Aditya Birla Housing Finance Ltd offers education loans up to INR 20 lakhs for courses in India and up to INR 50 lakhs for education abroad, depending on the course, institution, and applicant’s profile.

  • 5. What is the repayment tenure for Aditya Birla Housing Finance Ltd Education Loan?

    The repayment tenure for an education loan from Aditya Birla Housing Finance Ltd typically ranges from 5 to 12 years, depending on the loan amount, applicant’s profile, and other factors. There may also be a moratorium period during the course of study.