Education Loan | Sanvifinserv
Education Loan India & Abroad

Let Their Ambition
Choose the
College, Not the Cost

Fund tuition, living expenses, and travel for study in India or abroad — with a repayment plan that starts only after the course ends, not before.

Apply for Education Loan Check Eligibility
9.2%*Starting Rate
₹1.5 CroreMax Amount
15 YearsMax Tenure
100%Course Cost Funding
Study in India

For undergraduate, postgraduate, and professional courses at recognized Indian institutions.

9.2%Starting Rate
₹50LMax Amount
No CollateralUp to ₹7.5L
Study Abroad

For admissions to universities in the US, UK, Canada, Australia, Europe, and beyond.

10.5%Starting Rate
₹1.5CrMax Amount
CollateralRequired above ₹40L
About This Loan

Funding the Full Cost of Education

An education loan from Sanvifinserv covers more than just tuition — accommodation, travel, study material, laptop, and even exam fees can be included, so you're not piecing together funds from multiple sources.

Repayment is structured around the course, not against it — most loans include a moratorium period covering the course duration plus a grace period after, so EMIs begin once the student is positioned to earn.

Tuition Fees
Hostel / Accommodation
Travel Expenses
Laptop / Equipment
Study Material
Loan Cost Breakdown Sample: MS Abroad, 2-Year Course
Live
Tuition Fees
₹32,00,000
Accommodation
₹8,50,000
Travel & Visa
₹2,00,000
Laptop & Material
₹1,50,000
Total Eligible Loan Amount
₹44,00,000
Covers 100% of course-related costs
Estimate My Loan Amount
What's Covered

Everything the Course Requires

Tuition & Exam Fees

Full course fees including semester and examination charges.

Hostel & Accommodation

On-campus or off-campus living costs for the course duration.

Travel & Visa

Airfare and visa-related expenses for overseas admissions.

Laptop & Equipment

Study-essential equipment required for the course.

Insurance Premium

Student health/travel insurance where mandated by the institution.

Study Material

Books, library deposits, and other academic expenses.

Repayment Timeline

EMIs Start When You're Ready

Course Duration
Study Period

No EMI required while the course is ongoing — interest may accrue, simple interest often payable if affordable.

6–12 Month Grace Period
Moratorium

Additional buffer after course completion to secure a job before EMIs begin.

Up to 15 Years
Repayment

Regular EMIs begin, with tenure structured to keep payments manageable.

Eligibility

Who Can Apply

Both the student and a co-applicant (usually a parent or guardian) are assessed together.

Student (Primary Applicant)

  • Indian citizen, age 18 years or above
  • Secured admission to a recognized institution/course
  • Good academic record in prior qualifying exams
  • Valid admission or offer letter

Co-Applicant (Parent/Guardian)

  • Stable income source (salaried or self-employed)
  • CIBIL score of 700 or above preferred
  • Willing to be joint borrower on the loan
  • Collateral owner (for loans above threshold)
Interest & Charges

Transparent Rate Slabs

Rates vary by study destination, institution ranking, and collateral offered.

ParameterStudy in IndiaStudy Abroad
Interest Rate9.2% – 12% p.a.10.5% – 13.5% p.a.
Loan AmountUp to ₹50,00,000Up to ₹1,50,00,000
Collateral-Free LimitUp to ₹7,50,000Up to ₹40,00,000 (select cases)
MoratoriumCourse period + 6 monthsCourse period + 12 months
Max Tenure (Post-Moratorium)15 years15 years
Rates, collateral-free limits, and moratorium terms shown are indicative and vary by lender, institution ranking, course, and applicant/co-applicant profile. Final terms are shared before loan agreement signing.
Documentation

Documents You'll Need

Student Documents
  • PAN Card & Aadhaar Card
  • Admission/offer letter from institution
  • Academic mark sheets and certificates
  • Course fee structure
  • Passport (for study abroad)
Co-Applicant Documents
  • PAN Card & Aadhaar Card
  • Income proof (salary slips / ITR)
  • Last 6 months' bank statement
  • Collateral documents (if applicable)
  • Relationship proof with student
FAQ

Education Loan Questions Answered

No. Loans up to ₹7,50,000 for India study and up to ₹40,00,000 in select cases for study abroad can be sanctioned without collateral, subject to co-applicant income and institution profile.
EMIs typically begin after the moratorium period, which covers the full course duration plus a 6–12 month grace period, giving the student time to secure employment.
Yes. Accommodation, travel, laptop, study material, and insurance premiums can typically be included within the total eligible loan amount, alongside tuition fees.
Yes, almost all lenders require a co-applicant — typically a parent or guardian with a stable income — as a joint borrower on the loan.
Yes, interest paid on an education loan is eligible for deduction under Section 80E of the Income Tax Act, with no upper limit, for up to 8 years from the start of repayment.

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