Adiyogi Enterprises is excited to partner with Standard Chartered Bank to offer an education loan designed to make your higher education dreams a reality. With interest rates starting from 9.90% per annum, Standard Chartered Bank provides education loans for studies in India and abroad, with loan amounts of up to Rs 50 Lakhs.
| Interest Rate | Starting from 9.90% per annum |
| Loan Amount | Up to Rs 50 Lakhs |
| Loan Tenure | Up to 15 years |
| Processing Charges | 1% of the loan amount (minimum Rs 1,500) |
Age |
|
|---|---|
Income |
|
Course |
|
Credit Score |
|
9.90
Loan Amount
Tenure
Annual Interest
| Principal | Interest | Total Payable |
|---|---|---|
The eligibility for Standard Chartered Bank Education Loan includes being an Indian citizen, having secured admission to a recognized educational institution, and meeting the age requirements. Applicants should be between 18 to 35 years old. Both salaried and self-employed individuals are eligible to apply.
Required documents include proof of identity (such as Aadhaar, passport), proof of address, admission letter from the institution, academic transcripts, income proof of the applicant and co-borrower, bank statements for the last 6 months, and property documents (if applicable).
The interest rate for Standard Chartered Bank Education Loan starts at 10.5% per annum. The exact rate depends on factors like loan amount, repayment tenure, and the applicant's credit profile.
Standard Chartered Bank offers education loans up to INR 20 lakhs for studies within India and up to INR 50 lakhs for education abroad, based on the course, institution, and applicant's eligibility.
The repayment tenure for Standard Chartered Bank Education Loan can range from 5 to 15 years, with a moratorium period for the course duration and an additional grace period post course completion.
Apply for Standard Chartered Bank Education Loan