Standard Chartered Bank Education Loan

• Fast processing and disbursal
• Loan up to 100% of the cost of education
• No prepayment penalty
• Doorstep service
• Easy online application process

• Loan available for studies in India or abroad.
• Flexible repayment tenure of up to 10 years.
• No collateral or security required for loans up to Rs. 40 lakhs.
• Competitive interest rates.
• Option for moratorium period.

• Identity proof (PAN card, Aadhaar card, passport, or driving license)
• Address proof (Aadhaar card, passport, or utility bills)
• Income proof (salary slips, bank statements, or IT returns)
• Admission letter from the educational institution
• Academic records (10th, 12th, and graduation mark sheets)
• KYC documents of co-applicant (if applicable)

1.Who is eligible for Standard Chartered Bank's education loan? 

Indian nationals who have secured admission to a recognized university/institution in India or abroad are eligible for Standard Chartered Bank's education loan. The applicant should be between 18 and 35 years of age and have a co-applicant/guarantor who can provide collateral security.

2.What is the maximum loan amount offered by Standard Chartered Bank? 

Standard Chartered Bank offers education loans starting from Rs. 1 lakh up to Rs. 75 lakhs, depending on the course, institution, and other factors.

3.What expenses are covered by Standard Chartered Bank's education loan? 

Standard Chartered Bank's education loan covers tuition fees, hostel/mess charges, books, equipment, and other related expenses.

4.What is the repayment tenure for Standard Chartered Bank's education loan?

Standard Chartered Bank offers a repayment tenure of up to 15 years, with flexible repayment options through EMIs.

5.What is the interest rate offered by Standard Chartered Bank for education loans?

Standard Chartered Bank offers education loans at competitive interest rates, with the option to choose between fixed or floating rates.

6.Do I need to provide collateral security for Standard Chartered Bank's education loan? 

Yes, Standard Chartered Bank requires collateral security in the form of property or other assets, along with a co-applicant/guarantor.

7.What is the application process for Standard Chartered Bank's education loan? 

The application process for Standard Chartered Bank's education loan involves submitting the necessary documents and filling out the application form online or at a Standard Chartered Bank branch. After verification, the loan is disbursed directly to the institution or student's account.