InCred Education
Loan EMI Calculator

Loan Amount (₹)
Interest Rate (%)
Tenure (Yrs)
EMI (₹) - 0

EDUCATION LOAN FOR HIGHER STUDIES,NO LIMIT FOR INDIA AND UPTO 1 CR FOR ABROAD
Interest
Rate

Loan limit Interest Rate
Upto 10 Lacs 12.75 - 14%
Above 10 Lacs 11.75 - 13.75%
Loan Amount &
Security

Secured Unsecured
No Limit(India) Upto 20 Lacs(India)
Upto 1 Cr(Abroad) Upto 40 Lacs(Abroad)
Charges &
Repayment

Processing fees 1 %
Forclosure Charges Nil
Repayment period 10 to 15 years
Moratorium period Nil
Eligibility
Criteria

  • Indian Nationals
Key Benefits &
Coverage

Financing
  • 100%
Course covered
  • Regular courses offered by reputed Indian & foreign institutions
Expenses covered
  • Tution, lodging , fooding and anything related to academics
Required
Documents

Student Co-Borrower
KYC
  • Aadhaar
  • 2 passport photo
  • Aadhaar & Pan card
  • residence proof
EDUCATION
  • Admit letter
  • cost of study statement
  • X & XII mark sheet
    ---
INCOME
  • Pan card
  • 6 months bank account statement
  • 6 months bank account statement
  • ITR/form 16 of last 2years
  • Income proof(salary slip)
Security
    ---
  • Assets and liabilities brief statement