Study Loans

The doorway to your child’s future

Are you are looking for a loan to fund your child’s school fees? Write to us at sales @shikshafinance.com. We would love to help fulfill your dreams and aspirations for your child!

OPEN SOURCED STUDENT LOAN
Purpose
  • Student loans can be availed by parents to finance tuition fees, books, uniforms, shoes, bags etc.
Features
  • Easy-to-understand process and products
  • Easy EMI payment plans
  • Up to Rs. 25,000/child or actual costs, whichever is higher
Eligibility
  • Parents of school going children
  • Salaried or self employed parents
  • Good previous loan repayment track record
  • Both parents’ incomes will also be considered
Documentation
  • Duly filled loan application form
  • KYC documents—Aadhaar, address proof and child’s birth certificate
  • Latest 12 months bank statement
  • If self-employed, copies of income tax returns
  • If salaried employee, latest 3 months salary slips
JOINT LIABILITY GROUP (JLG)
Purpose
  • Student loans can be availed by parents to finance tuition fees, books, uniforms, shoes, bags etc.
Features
  • Easy-to-understand process and products
  • Easy EMI payment plans
  • Up to Rs. 25,000/child or actual costs, whichever is higher
Eligibility
  • Parents of school going children
  • Salaried or self employed parents
  • Good previous loan repayment track record
  • Both parents’ incomes will also be considered
Documentation
  • Duly filled loan application form
  • KYC documents—Identification proof and address proof of applicant and co-applicant and child’s birth certificate
  • Bank pass book
  • DPN (Demand Promissory Note)
SCHOOL SOURCED STUDENT LOAN
Purpose
  • Student loans can be availed by parents to finance tuition fees, books, uniforms, shoes, bags etc.
Features
  • Easy-to-understand process and products
  • Easy EMI payment plans
  • Up to Rs. 25,000/child or actual costs, whichever is higher
Eligibility
  • Parents of school going children
  • Salaried or self employed parents
  • Good previous loan repayment track record
  • Both parents’ incomes will also be considered
Documentation
  • Duly filled loan application form
  • KYC documents—Identification proof and child’s birth certificate
  • Bank pass book
  • Student fees structure in the School’s letterhead
Shiksha’s Benefits to Customers
  • Faster processing
  • Personalised products
  • Simpler documentation
  • Unique credit methodology

Are you are an educator? Do you need finance for improving the quality of education? Contact us now!