FinZ - Education Loan
NBFC
Collateral free loans available
Loan Margin : NIL
3 days avg loan processing time
Margin
NIL
Collateral
No
Loan Tenure
Upto 10 Years
Processing fee
0.75% to 1.25%
Early Repayment
No
Living Cost
No
Secured Loan
Amount
Up To 0
Un-Secured Loan
Amount
Up To 75Lac
UniCreds Guarantee
100% transparent process
Fast loan processing
Free of cost service
No hidden fees
Feature
Loan Amount- 75 lakh
Margin Money- Nil
Processing Fee- 0.75%-1.25%
Processing Time- upto 3 Days
Loan Tenure- 10years (Including Moratorium period)
Prepayment Charges- Nil
Repayment Holiday- Partial Moratorium Period Offered 12 months to 36 months is offered, subject to the course duration.
Countries Covered- All countries
Payment study period- Partial Interest/ Simple Interest offered during course duration and Direct EMI as per eligibility.
| Features | Education Loan Details |
|---|---|
| Loan amount | Upto ₹75Lac (Without Collateral) 75 lakh |
| Margin money | Nil |
| Interest rate | 10.75& to 12.75% |
| Processing fee | 0.75% to 1.25% 0.75%-1.25% |
| Processing time | 3 Days upto 3 Days |
| Loan tenure | 10 Years 10years (Including Moratorium period) |
| Prepayment charges | NIL |
| Repayment holiday | Partial Moratorium Period Offered 12 months to 36 months is offered, subject to the course duration. |
| Countries covered | All countries |
| Payment study period | Partial Interest/ Simple Interest offered during course duration and Direct EMI as per eligibility. |
Looking for
Faster and
streamlined Process?
100% Transparency
100% Free
Our education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Eligibility
Age Requirement: You must be at least 18 years of age while applying for the FinZ education loan.
Confirmed Admission/Application: You must have an admission letter from the desired university you are applying for. We can still process without offer which is subject to conditions
Academic Excellence A good academic track record is expected. You must undertake entrance examinations like GRE, IELTS, TOEFL, etc. The GRE score is especially important when seeking education loans for the US.
Eligible Courses & Countries:FinZ finance education loan covers regular graduate, post-graduate, diploma, certificate, and doctorate courses in any discipline offered by foreign institutes or universities in countries such as the USA, UK, Canada, Australia, New Zealand, France, Germany, and Ireland, among others.
Co-Applicant Eligibility: A co-applicant is mandatory, who may be the applicant's mother, father, sister, brother, spouse, paternal or maternal relative, or a legal guardian. The co-applicant should have a regular source of income and a good credit history.
Benefits
End-to-End Coverage: FinZ education loan finances 100% of your international studies. It covers your course fees, book costs, housing expenses, travel expenses and your college laptop. As a result, you can concentrate on your studies without having to worry about anything.
Customised Financing: FinZ offers customised education loans by recognising the academic excellence of every student, course, and university. This saves you from over borrowing, and gets the best suited amount that you can afford, throughout your loan plan.
Flexible Repayment Options: Along with the customised financing, FinZ provides flexible repayment options that best suit your financial appetite.
Quick Loan Processing: FinZ understands that proof of funds is important for securing admission and applying for a visa. Hence, they make sure your loan processing time is shorter.
Effortless Application: With FinZ there is no need to juggle between the banks for education loans. FinZ has an online loan application facility so that you can apply for the loans from the comfort of your home and track your application.
NBFCs are generally highly convenient for study abroad loans as their loan approvals depend on your academic excellence and not your financial stability. If you are looking for faster loan disbursals, less scrutiny on eligibility and overall support throughout your study loan journey, then FinZ is for you. The following benefits may interest you:
Benefits Of Getting Your Education Loan Through UniCreds
Get Guidance at every step of your loan application
We ensure 100% transparency throughout the education loan process.Our education loan counsellors will stay by your side every step of the way.
Need Guidance Faster? Call us at:
18001217661
Help us with a few details.
Need Guidance Faster? Call us at:
18001217661
How to Apply
As we have partnered with top banks and NBFCs in India including FinZ, we aid in interest rate negotiations, streamline paperwork, and ensure prompt loan approvals. Isn't this easier than handling the application process alone and encountering endless steps until the loan is sanctioned? Here's how you can proceed.
Initial Consultation: Contact UniCreds to arrange a complimentary consultation with our loan specialists. During this discussion, we'll delve into your educational aspirations, financial situation, and preferred loan options to provide tailored guidance.
Document Gathering: Our team will furnish you with a concise checklist of documents needed for your FinZ education loan application. We'll help you efficiently gather these documents, ensuring a hassle-free process.
Application Assistance: UniCreds will support you in accurately and promptly completing the FinZ education loan application. We'll ensure all requisite information and documents are included to prevent any delays.
Comparison & Negotiation: While our primary focus is on FinZ student loans, we'll also explore other lenders and programs to secure the most competitive terms for you. Furthermore, we may negotiate lower interest rates with lenders on your behalf to secure the best possible deal.
Submission & Application Tracking: Once your FinZ application is prepared, we'll submit it on your behalf and keep you updated on its progress. You can rely on us to manage all communication with the bank, saving you time and effort.
Loan Approval & Disbursement: Upon approval, FinZ will provide a clear outline of the loan terms. We'll guide you through the disbursement process, ensuring a smooth transfer of funds to your account.
Looking forFaster and
streamlined Process?
100% Transparency
100% Free
Our education loan counsellors will stay by your side every step of the way and recommend the best partner and guide you through the loan applying and sanctioning process.
Documents
Personal Documents :
1. Completed FinZ study loan application form 2. Passport (first and last page) 3. Proof of Identity (Aadhaar Card, PAN Card, Voter ID, etc.) 4. Proof of Address (utility bills, rental agreement, etc.) 5. Valid student visa for the country of study 6. Comprehensive travel insurance covering medical emergencies and travel disruptions 7. Proof of relationship with the co-applicant (birth certificate, school leaving certificate, etc.)
Additional Documents:
1. Scholarship letters (if applicable) 2. Proof of any educational loans already availed (if applicable) 3. Co-applicant's employment verification letter (if applicable) 4. Collateral documents (if required for the specific loan program you choose)
Academic Documents:
1. Acceptance letter from your chosen university abroad 2. Most recent academic transcripts (including mark sheets and degrees) 3. Standardised test scores (if required by the university, like GRE, GMAT, TOEFL, IELTS)
Financial Documents:
1. Income Tax Returns (ITR) of the applicant and co-applicant (if applicable) for the last 3 years 2. Salary slips of the co-applicant for the last 8 months 3. Bank statements of the co-applicant for the last 8 months 4. Estimated cost of attendance document from your university (including tuition fees, living expenses, etc.)
Loan Repayment
Direct EMI
