Adiyogi Enterprises is pleased to collaborate with Kotak Mahindra Bank to offer you an affordable and flexible education loan solution for your higher studies, both in India and abroad. With interest rates starting from 8.50% per annum, Kotak Mahindra Bank offers loans up to Rs 30 Lakhs for studying in India and Rs 50 Lakhs for studying abroad.
| Interest Rate | Starting from 8.50% per annum |
| Loan Amount | Up to Rs 30 Lakhs for India; Up to Rs 50 Lakhs for abroad |
| Loan Tenure | Up to 15 years |
| Processing Charges | 1% of the loan amount (minimum Rs 1,000) |
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The eligibility for a Kotak Mahindra Bank Education Loan includes being an Indian citizen, having secured admission in a recognized institution, and being between the ages of 18 and 35 years. The applicant must have good academic records and the loan must be for a full-time course.
Documents required include proof of identity (Aadhaar, Passport, etc.), proof of address (utility bills, rent agreement, etc.), admission letter from the institution, academic records, bank statements for the last 6 months, and income proof of the co-borrower (if applicable).
Kotak Mahindra Bank offers competitive interest rates for education loans starting at 10.75% per annum. The rate may vary depending on the loan amount, applicant's creditworthiness, and the course or institution selected.
Kotak Mahindra Bank offers education loans of up to INR 10 lakhs for studies within India and up to INR 20 lakhs for education abroad. The loan amount depends on the course, institution, and the applicant's eligibility.
The repayment tenure for Kotak Mahindra Bank Education Loan is flexible and can go up to 15 years, depending on the loan amount, course duration, and the applicant's repayment capacity. The repayment begins after the completion of the course or after a moratorium period.
Apply for Kotak Mahindra Bank Education Loan