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Bajaj Mahindra Finance Ltd Education Loan in Ahmedabad

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Adiyogi Enterprises is proud to partner with Bajaj Mahindra Finance Ltd to offer you affordable and accessible education loans to help you pursue your academic dreams. With interest rates starting from 10.50% per annum, Bajaj Mahindra Finance provides education loans for both domestic and international courses, offering loan amounts ranging from Rs 50,000 to Rs 25 Lakhs.

Bajaj Mahindra Finance Ltd Education Loan Highlights

Interest Rate Starting from 10.50% 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 1,000)

Bajaj Mahindra 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 parent or guardian) will be considered, with no specific minimum income requirement for the student.

Course

  • Eligible for undergraduate, post-graduate, professional, and vocational courses in India and abroad.

Credit Score

  • A good credit score of 750 or above for the co-applicant is preferred for a quicker loan approval process.

Bajaj Mahindra Finance Ltd Education Loan EMI Calculator

10.50

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Apply for Bajaj Mahindra Finance Ltd Education Loan

FAQ

Frequently Asked Questions

  • 1. What is the eligibility criteria for Bajaj Mahindra Finance Ltd Education Loan?

    The eligibility for Bajaj Mahindra Finance Ltd Education Loan includes being an Indian citizen, having secured admission to a recognized institution, and being between the ages of 18 to 35 years. The applicant must also meet the income and credit score criteria set by the lender.

  • 2. What documents are required for applying for an education loan from Bajaj Mahindra Finance Ltd?

    The documents required for an education loan include proof of identity, proof of address, admission letter from the educational institution, academic records, income proof of the applicant and co-borrower, bank statements for the last six months, and collateral documents (if applicable).

  • 3. What is the interest rate for Bajaj Mahindra Finance Ltd Education Loan?

    The interest rate for Bajaj Mahindra Finance Ltd Education Loan starts at around 12% per annum, depending on the loan amount, tenure, and the applicant's profile. It may vary based on the specific terms and conditions set by the lender.

  • 4. How much loan can I avail of from Bajaj Mahindra Finance Ltd for my education?

    Bajaj Mahindra Finance Ltd offers education loans of up to INR 50 lakhs for students pursuing studies in India and abroad. The loan amount depends on the course, institution, and eligibility criteria.

  • 5. What is the repayment tenure for Bajaj Mahindra Finance Ltd Education Loan?

    The repayment tenure for Bajaj Mahindra Finance Ltd Education Loan can extend up to 15 years. The loan repayment starts after the course completion or after a moratorium period, depending on the terms of the loan agreement.