Compare government banks, private lenders, and NBFCs. Each offers different interest rates, terms, and repayment flexibility. Choose what fits best.
Research Your Loan Options
Most lenders need confirmed admission, a co-applicant with income, good academics, and sometimes collateral. Check all requirements before applying.
Know the Eligibility Criteria
Keep documents ready: admission letter, fee estimate, identity/address proof, co-applicant income, and collateral papers. Accurate paperwork speeds loan approval.
Gather Required Documents
Secured loans need assets but offer lower interest rates. Unsecured loans don’t need collateral but have higher rates. Choose based on need.
Decide on Collateral Type
Apply online or offline. Submit documents, attend an interview if asked, get sanctioned, and the funds go directly to your university’s account.
Apply & Track Your Loan
Apply early, maintain a good credit score, and explore multiple lenders. Professional loan advisors can also help simplify the process. For more helpful insights, follow Admissify!