Tata Capital Education Loan

• Flexible repayment options
• Competitive interest rates
• No prepayment penalty
• Quick processing time

• 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. 4 lakhs.
• Competitive interest rates.

• 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)

1.Who is eligible for a Tata Capital Education Loan?

Indian citizens between the ages of 16-35 years who have secured admission to a recognized institution in India or abroad are eligible for a Tata Capital Education Loan.

2.What is the maximum loan amount offered by Tata Capital for an education loan?

Tata Capital offers education loans ranging from Rs. 1 lakh to Rs. 75 lakhs for studies in India and up to Rs. 1.5 crores for studies abroad.

3.What expenses are covered by a Tata Capital Education Loan?

A Tata Capital Education Loan covers expenses such as tuition fees, hostel fees, exam fees, library fees, and other related expenses.

4.What is the repayment tenure for a Tata Capital Education Loan?

The repayment tenure for a Tata Capital Education Loan can range from 12 months to 180 months, depending on the loan amount and other related factors.

5.Is collateral required for a Tata Capital Education Loan?

Collateral is not required for education loans up to Rs. 40 lakhs for studies in India and up to Rs. 1 crore for studies abroad. However, for higher loan amounts, collateral may be required.

6.What is the interest rate for a Tata Capital Education Loan?

The interest rate for a Tata Capital Education Loan varies depending on various factors such as the loan amount, repayment tenure, credit score, and other related factors.