At Arav Digital Fincare, we connect borrowers with leading banks to provide fast loan approvals with minimal documentation and competitive rates.
Arav Digital Fincare offers comprehensive education loan solutions for students aspiring to pursue higher education in India or abroad. We connect you with leading banks to get the best interest rates and flexible repayment options tailored to your educational needs.
Get up to 100% financing for your education expenses, including tuition fees, accommodation, travel, and study materials.
Enjoy flexible repayment options with loan tenure of up to 15 years and a moratorium period during study.
Simple and quick loan processing with minimal documentation requirements for faster approvals.
Prepay your education loan partially or fully without any additional charges or penalties.
Avail tax benefits on interest paid under Section 80E of the Income Tax Act with no upper limit.
Education loans for various courses like undergraduate, postgraduate, professional, and vocational programs.
For Study in India: Up to ₹50 Lakhs
For Study Abroad: Up to ₹1 Crore
For Loans up to ₹10 Lakhs: 9.00% - 11.50%
For Loans above ₹10 Lakhs: 10.50% - 14.00%
Moratorium Period: Course Duration + 6-12 months
Flexible EMI Options
Arav Digital Fincare simplifies the education loan process for you. Follow these simple steps:
Fill our simple online application form with your basic details and education plan.
Submit all required documents for verification and processing.
Receive loan approval from the most suitable bank partner.
Loan amount is disbursed directly to your educational institution.
Yes, most banks offer education loans up to ₹10 Lakhs without any collateral security. For loans above ₹10 Lakhs, collateral security is generally required. However, the exact limit may vary from bank to bank. We help you find the best option based on your specific needs.
For education abroad, you can get loans up to ₹1 Crore depending on the course, university, and your financial profile. The loan amount is determined based on factors like the reputation of the institution, course duration, co-applicant's income, and the collateral provided.
No, education loans come with a moratorium period which includes the course duration plus 6-12 months after course completion or getting a job, whichever is earlier. During this period, you only need to pay the simple interest if you choose to. The principal repayment starts after the moratorium period.
Under Section 80E of the Income Tax Act, you can claim a deduction for the interest paid on an education loan without any upper limit. This deduction is available for a maximum period of 8 years from the date you start repaying the loan. However, there is no tax benefit on the principal repayment.
You can initiate the loan process before securing admission, but the final approval and disbursement will only happen after you provide the admission letter. We recommend starting the loan process early to understand your eligibility and required documentation, which can save time once you receive the admission letter.
Most banks charge a processing fee ranging from 0.5% to 2% of the loan amount, with some having a maximum cap. At Arav Digital Fincare, we help you find banks with the lowest or zero processing fees. Some banks also offer processing fee waivers during promotional periods or for specific courses/institutions.
Apply for an education loan and take the first step towards your academic success. Our experts will guide you through the entire process.