Introduction
At Quick Money, we help students and their families explore suitable Education Loan options to support higher education in India and abroad. Quality education is an important investment in a student’s future, but tuition fees, accommodation, books, travel and other educational expenses can create a significant financial requirement. An Education Loan can help eligible students arrange funds for these expenses while allowing repayment over an agreed period, generally after the applicable study/moratorium period as per the lender’s terms. Whether you are planning undergraduate studies, postgraduate education, professional courses, technical education or eligible studies overseas, Quick Money provides guidance throughout the Education Loan application process. Loan amount, interest rate, repayment tenure, margin, moratorium and eligibility depend on the course, institution, applicant/co-applicant profile, credit assessment and the respective lender’s policies.
Benefits of Education Loan
Finance Your Education
An Education Loan can help eligible students and families manage the financial requirements associated with higher education.
Study in India or Abroad
Depending on the lender and loan scheme, financing may be available for eligible courses and institutions in India as well as overseas.
Convenient Repayment Structure
Education Loans may provide a moratorium or repayment commencement period linked to the student's course and applicable post-study period, subject to the lender's terms.
Higher Loan Amounts for Eligible Courses
Students pursuing recognized higher-education courses may be eligible for substantial financing depending on the course, institution, academic profile, co-applicant and lender's assessment.
What Quick Money Provides
We understand your education plans, course, institution and funding requirements and help you explore potentially suitable Education Loan options.
We help you understand the general factors lenders may consider, including: Academic background Course selected Institution Admission status Course duration Education expenses Co-applicant income Credit profile Repayment capacity Required loan amount
We help you understand the type of education-finance options that may be relevant based on your selected course and institution.
For eligible courses and institutions in India, we help students understand applicable financing options and documentation requirements.
Education Loans may involve a parent, guardian or other eligible co-applicant depending on the lender and loan scheme. We help applicants understand the general requirements related to co-applicant income, documentation and repayment responsibility.
We guide students and co-applicants regarding the documents generally required for the application.