Mortguage Loan

Mortguage Loan "If you are looking for a loan, we will be happy to help you! At Satyanarayan Finance, we offer tailored financial solutions to meet your needs. Whether it’s a home loan, business loan, or a loan against property, our team is here to provide you with competitive interest rates, flexible repayment options, and expert guidance every step of the way. Let us help you achieve your financial goals with ease and confidence." Call Us: 09520279761,09891641002,09412415191,09761642594

Education Loan


 Education Loan: Empowering Your Academic Dreams

Education is a stepping stone to success, and at Satyanarayan Finance we believe finances should never be a barrier to achieving your dreams. Our education loans are designed to help students pursue their academic goals, whether in India or abroad, by covering tuition fees and other related expenses.

Features of Education Loan

  1. High Loan Amount:
    Borrow up to ₹50 lakhs or more, depending on the course and institution.

  2. Flexible Repayment Options:
    Enjoy flexible repayment terms, with loan tenures ranging from 5 to 15 years, ensuring you can repay at your convenience.

  3. Affordable Interest Rates:
    Competitive and affordable interest rates make your education loan light on your finances.

  4. Moratorium Period:
    Benefit from a moratorium period (grace period), where repayment begins only after the course completion and a buffer period for job placement.

  5. Wide Coverage:
    Covers tuition fees, accommodation, travel, study materials, and other academic expenses.

  6. No Collateral Option:
    For loans under a certain amount (₹7.5 lakhs, typically), no collateral or security may be required.

  7. Fast Processing:
    Quick loan approval and disbursement to ensure there are no delays in your admission process.

Education Loan: Empowering Your Academic Dreams

Education is a stepping stone to success, and at Ganapati Finance Pvt Ltd, we believe finances should never be a barrier to achieving your dreams. Our education loans are designed to help students pursue their academic goals, whether in India or abroad, by covering tuition fees and other related expenses.

Features of Education Loan

  1. High Loan Amount:
    Borrow up to ₹50 lakhs or more, depending on the course and institution.

  2. Flexible Repayment Options:
    Enjoy flexible repayment terms, with loan tenures ranging from 5 to 15 years, ensuring you can repay at your convenience.

  3. Affordable Interest Rates:
    Competitive and affordable interest rates make your education loan light on your finances.

  4. Moratorium Period:
    Benefit from a moratorium period (grace period), where repayment begins only after the course completion and a buffer period for job placement.

  5. Wide Coverage:
    Covers tuition fees, accommodation, travel, study materials, and other academic expenses.

  6. No Collateral Option:
    For loans under a certain amount (₹7.5 lakhs, typically), no collateral or security may be required.

  7. Fast Processing:
    Quick loan approval and disbursement to ensure there are no delays in your admission process.

Benefits of Education Loan

  1. Access to Quality Education:
    Enables you to pursue courses in prestigious institutions without financial stress.

  2. Tax Benefits:
    Avail tax deductions on interest paid under Section 80E of the Income Tax Act.

  3. Flexible Repayment Options:
    Choose repayment terms based on your financial situation post-graduation.

  4. Support for Global Education:
    Fund your international education, covering expenses like travel and living costs.

  5. Build Your Credit Profile:
    Timely repayment of the loan helps students build a strong credit history, which is beneficial for future financial needs.

Eligibility Criteria

To be eligible for an education loan, the applicant must meet the following conditions:

  1. Student Applicant:
    The primary applicant must be the student, while the co-applicant can be a parent, guardian, or spouse.

  2. Nationality:

    • Must be an Indian citizen.
    • For international studies, a valid admission offer from a recognized university is mandatory.

  3. Age Limit:
    Applicants should generally be aged 18 to 35 years.

  4. Admission:
    Confirmed admission to a recognized university, college, or institution in India or abroad is essential.

  5. Co-Applicant Income:
    The co-applicant must have a steady income source to act as a guarantor.

  6. Creditworthiness:
    A good credit history or financial standing of the co-applicant is preferable.

Documents Required

  1. Student Documents:

    • Admission letter or proof of enrollment.
    • Fee structure provided by the institution.
    • Previous academic records (marksheets, certificates).
    • Passport (for studying abroad).

  2. Co-Applicant Documents:

    • Proof of identity (Aadhaar, PAN, Passport).
    • Proof of address (utility bill, Aadhaar, voter ID).
    • Income proof (salary slips, bank statements, IT returns).

  3. Financial Documents:

    • Statement of expenses for the course.
    • Bank statements for the last six months.
    • Collateral documents (if applicable).

  4. Other Documents:

    • Passport-sized photographs.
    • Loan application form duly filled and signed.

Why Choose Satyanarayan Finance for Education Loans?

  • Quick and Hassle-Free Process: Our simplified application process ensures you get timely access to funds.
  • Flexible Terms: We understand your needs and offer repayment terms that work for you.
  • Global Reach: Whether you're pursuing a course in India or abroad, our loan covers all related expenses.
  • Expert Guidance: Our financial experts are here to guide you through every step of your loan journey.
RATE OF INTEREST AND TENURE:  3% AN D 1 TO 20 YEARS