25th July 2024 Students can fulfill their dream of studying abroad with education loans from different lenders, available on Bajaj Markets, a digital financial marketplace. These loans cover up to 100% of tuition fees and additional expenses, making overseas education accessible to all.
With Bajaj Markets, one can get an unsecured loan of up to Rs. 80 Lakhs and a secured loan of up to Rs. 1.5 Crores. The interest rates start from 10.25% p.a., and flexible tenures extend up to 15 years, making repayment convenient. Furthermore, there are no additional charges applicable on prepayments and foreclosure.
Several factors like the student’s academic achievements, grades, choice of course, university, internships, and financial status are assessed when determining their eligibility. Essential documents include academic records, KYC documents, collateral-related documents (for secured loans), and income proof. Applicants planning to study abroad may also need to provide an unconditional offer letter from the university and Form I-20.
Bajaj Markets provides complete transparency and quick application processing with minimal documentation. Borrowers can explore options from various lenders and choose a loan that best fits their needs.
In addition to education loans, Bajaj Markets offers access to a wide range of financial solutions from leading financial institutions. Some of these include credit cards, investment options, and insurance policies. All these products and more are accessible on the Bajaj Markets website and app.