Adiyogi Enterprises is pleased to partner with L&T Housing Finance Ltd to bring you an education loan solution that helps you achieve your higher education goals with ease and affordability. With interest rates starting from 9.00% per annum, L&T Housing Finance Ltd offers education loans up to Rs 25 Lakhs for studies in India and up to Rs 50 Lakhs for studies abroad.
| Interest Rate | Starting from 9.00% per annum |
| Loan Amount | Up to Rs 25 Lakhs for India; Up to Rs 50 Lakhs for abroad |
| Loan Tenure | Up to 15 years |
| Processing Charges | 0.50% of the loan amount (minimum Rs 1,000) |
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The eligibility for L&T Housing Finance Ltd Education Loan includes being an Indian citizen, having secured admission to a recognized institution, and being within the age range of 18-35 years. The applicant must also meet the income and credit score requirements as set by the lender.
Documents required for an education loan include proof of identity, proof of address, admission letter from the educational institution, academic qualifications, income proof of the applicant and co-borrower, bank statements for the last 6 months, and collateral documents (if applicable).
The interest rate for L&T Housing Finance Ltd Education Loan typically starts from 10.5% per annum. The rate varies depending on the loan amount, applicant’s profile, and tenure of the loan.
L&T Housing Finance Ltd provides education loans of up to INR 40 lakhs for studies within India, and up to INR 50 lakhs for education abroad, depending on the course, institution, and eligibility of the applicant.
The repayment tenure for L&T Housing Finance Ltd Education Loan can go up to 15 years. The loan repayment starts after the completion of the course or the moratorium period, depending on the terms of the loan.
Apply for L&T Housing Finance Ltd Education Loan