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Education Loan

Funding Dreams, One Course at a Time

Education loan is provided for higher education in Graduate/Post Graduate courses from domestic or international institutions. The required eligibility varies by country and course level.

 

For Domestic Institutes:

Approved courses leading to Graduate, Post Graduate degree or Post Graduate Diploma conducted by recognized colleges/universities approved by UGC, AICTE, Government, AIIMS, ICMR, etc.

 

For International Institutes:

Job-oriented regular degree or diploma/professional programs at UG or PG level from reputed institutions abroad. Preferred countries include the USA, UK, Australia, Canada, Singapore, Europe, Hong Kong, and New Zealand.

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Key Benefits

Why Choose AHG for Your Education Loan

01

Complete Cost Coverage

From fees to travel to study tools—all covered

02

Flexible Tenure

Choose repayment plans suited to your post-study earnings

03

Global Support

Eligible for top universities in 10+ countries

04

Tax Benefits

Section 80E deductions on interest repayment

05

Collateral Support

Loans above ₹20 lakhs can be secured with property or guarantors

Flexible Loan Access

Expenses Covered

  • Fees payable at college/school/hostel
  • Examination, library, and lab fees
  • Travel and visa-related expenses
  • Student insurance premium
  • Caution deposit, building fund, or refundable fees
  • Purchase of books, equipment, uniforms, or instruments
  • Computer purchase, if required by the curriculum
  • Any other education-related expenses like study tours, thesis, or project work
Documents Checklist (To be submitted with filled loan application form)

  • Proof of identity: PAN / Passport / Driver’s License / Voter ID

  • Proof of residence: Recent utility bill / gas bill / passport / Aadhaar

  • Passport (mandatory for studying abroad)

  • Academic records:
     • 10th result
     • 12th result
     • Graduation marksheets (if applicable)
     • Entrance exam result (e.g., GMAT, GRE, TOEFL)

  • Offer letter or conditional admission letter from institute

  • Cost of study / fee structure

  • 2 passport-size photographs

  • 1-year bank statement

  • Loan A/C statement (if applicable)

  • Proof of Identity (Any one): PAN/ Passport/ Driver’s License/ Voter ID card
  • Proof of Residence/ Address (Any one): Recent copy of Telephone Bill/ Electricity Bill/Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhaar Card
  • 2 passport-size photographs
  • If any previous loan from other Banks/Lenders, then Loan A/C statement for last 1 year
  • Salary Slip or Salary Certificate of last 3 months
  • Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.
  • Bank account statement for last 6 months (of Salary Account)
  • Salary Slip or Salary Certificate of last 3 months
  • Copy of Form 16 for last 2 years or copy of IT Returns for last 2 financial years, acknowledged by IT Dept.
  • Bank account statement for last 6 months (of Salary Account)
  • Business address proof (If applicable)
  • IT returns for last 2 years (if IT payee)
  • TDS Certificate (Form 16A, if applicable)
  • Certificate of qualification (for C.A./ Doctor and other professionals)
  • Bank account statement for last 6 months
FAQs

Need More Clarity?

  • Is margin money required for education loan?

    Based on amount of loan it ranges from bank to bank between 5% to 15%.

  • What is maximum tenure of loan?

    Maximum tenure varies from 7 years to 15 years

  • Is collateral security required?

    Yes, collateral security is required by Banks for loan above Rs. 20 lakh. Security can be owned by parents, relative or any third party guarantor.

Let’s Get You Funded

Start your academic journey backed by smart financial planning. We’ll take care of the funding while you focus on your future.

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