Ujjivan Small Finance Bank Ltd Education Loan

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

• 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.What is the Ujjivan Small Finance Bank Education Loan?

Ujjivan Small Finance Bank Education Loan is a loan provided by the bank to finance the educational expenses of students who wish to pursue higher studies in India or abroad.

2.What are the eligible courses for Ujjivan Small Finance Bank Education Loan?

The loan can be availed for various courses such as graduation, post-graduation, professional courses, vocational training, and other related courses.

3.What is the maximum loan amount that can be availed under Ujjivan Small Finance Bank Education Loan?

The maximum loan amount that can be availed under the Ujjivan Small Finance Bank Education Loan is Rs. 10 lakhs for studies in India and Rs. 20 lakhs for studies abroad.

4.What is the interest rate for Ujjivan Small Finance Bank Education Loan?

The interest rate for Ujjivan Small Finance Bank Education Loan varies based on various factors, such as the loan amount, repayment tenure, credit score, and other related factors.

5.Is there any collateral required for Ujjivan Small Finance Bank Education Loan?

No, collateral is not required for loans up to Rs. 4 lakhs. However, for loans above Rs. 4 lakhs, collateral security may be required.

6.What is the repayment tenure for Ujjivan Small Finance Bank Education Loan?

The repayment tenure for Ujjivan Small Finance Bank Education Loan ranges from 12 months to 60 months, depending on the loan amount and other related factors.

7.What are the documents required to apply for Ujjivan Small Finance Bank Education Loan?

Some of the documents required to apply for Ujjivan Small Finance Bank Education Loan include admission letter, fee structure, KYC documents, income proof of the co-borrower, and other related documents.

8.Can the loan be used to pay for expenses other than tuition fees?

Yes, the loan can be used to cover other expenses such as books, equipment, and living expenses.

9.Is there any processing fee for Ujjivan Small Finance Bank Education Loan?

Yes, a processing fee is charged for Ujjivan Small Finance Bank Education Loan, which varies based on the loan amount.

10.How can one apply for Ujjivan Small Finance Bank Education Loan?

One can apply for Ujjivan Small Finance Bank Education Loan by visiting the nearest branch or through the bank's website.