Sg Pay 4u

Overview

Flexible Financing Mapped To Your Needs

Finance high-quality higher education in India or abroad with student loans covering tuition fees, travel, and accommodation expenses.

Key Features

Covers up to 100% of education-related costs
Moratorium period (course duration + up to 1 year)
Repayment terms up to 15 years
Subsidy schemes for eligible sections

Product Benefits

Secures student's independent future
Tax benefits under Section 80E on interest paid
Quick visa approval support documents
No security needed for loans up to ₹7.5 Lakhs

Eligibility & Documentation Checklist

Eligibility Criteria

Indian National student
Secured admission in recognized college/university
Co-borrower (parent/spouse/guardian) with steady income
Applicable for undergraduate, postgraduate, or professional programs

Documents Required

Admission letter from university with fee structure details
Academic records (10th, 12th, graduation marksheets)
Co-borrower Income Proof (ITR, salary slips, bank statements)
Collateral security documents (if loan is above ₹7.5 Lakhs)

Interest Rate

9.25% - 11.50% p.a.

Processing Time

4 to 6 Working Days

EMI Benchmark

For ₹15,00,000 education loan at 9.5% interest for 10 years, the EMI is ₹19,414 per month after moratorium.

Frequently Asked Questions

Tuition fees, exam fees, hostel/accommodation expenses, purchase of books/laptop, and travel tickets for study abroad.

It is a holiday period during which the student is not required to repay the principal amount. It spans the course duration plus 6 to 12 months.

Apply for Education Loan

Submit your basic details, and our loans expert will contact you within 24 hours.

Apply via Choice Connect

Complete your education loan application securely. If you opened a referral link, the referring agent or team member is attributed automatically.

PLOT NO 112/39, SECTOR 11, PRATAP NAGAR, SANGANER, JAIPUR, RAJASTHAN 302033

+91-9887199532

info@sgpay4u.com

Education Loan