Invest in your future. Get up to **100% Financing** for tuition fees, living expenses, and travel for studies in India or Abroad.
An Education Loan is the smartest way to fund higher education without draining family savings. It covers not just the tuition fee but also hostel charges, library fees, purchase of books/laptops, and even travel expenses for study abroad.
PraFintech helps students secure loans from nationalized banks (like SBI, Canara, UBI) and NBFCs (like HDFC Credila, Avanse) with **moratorium periods** (repayment starts after course completion).
| Loan Amount | Security / Collateral Requirement |
|---|---|
| Up to ₹4 Lakhs | No Security. Only Parent/Guardian as co-applicant. |
| ₹4L - ₹7.5 Lakhs | Third-party Guarantee required. No property needed. |
| Above ₹7.5 Lakhs | Tangible Collateral (Property/FD) required. *Exceptions for IITs/IIMs/AIIMS. |
| Study Abroad | Usually collateral required above ₹7.5L, depends on university ranking. |