Tata Capital - Education Loan
NBFC
Collateral free loans available
Loan Margin : NIL
5 days avg loan processing time
Margin
NIL
Collateral
Collateral free loans available
Loan Tenure
Upto 15 Years
Processing fee
0.5% to 1.0%
Early Repayment
Yes(without any charges)
Living Cost
Yes
Secured Loan
Amount
Up To 2Cr
Un-Secured Loan
Amount
Up To 75Lac
UniCreds Guarantee
Quick Loan Sanctions
100% Transparency
No Hidden Fees
24x7 Support
Feature
As part of the Tata Group's commitment to education, Tata Capital believes education is crucial to a nation's advancement. Doing so promotes the accessibility of quality education for people of all socio-economic backgrounds. Through these loans, students can pursue higher education, both at home and abroad, supporting their professional and personal growth. Tata Capital's loan features are shown in the table below:
| Features | Education Loan Details |
|---|---|
| Loan amount | Upto ₹2Cr (Collateral) Upto ₹75Lac (Without Collateral) |
| Margin money | Nil |
| Interest rate | Starts at 11% |
| Processing fee | 0.5% to 1.0% |
| Processing time | 5 Days (Up to) |
| Loan tenure | 15 Years (Up to) |
| Prepayment charges | Nil |
| Repayment holiday | Course + 6 months |
| Countries covered | All Countries |
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
The eligibility criteria for Tata Capital abroad education loan are pretty straightforward. Knowing the eligibility criteria will result in a streamlined application process. Just as with any other top financial institution in India, It too requires the following student & co-applicant eligibility:
| Type | Requirement |
|---|---|
| Academic Record | Applicants should show evidence of a good academic track record. |
| Eligible Courses | Graduation/post-graduation in the executive and other specialised courses from reputed institutions. |
| Eligible Countries | India, US, UK, Canada, Australia, New Zealand, Germany, Singapore, and more |
| Relationship with a co-applicant | You may select any member of your immediate family to accompany you on the application - father, mother, brother, sister, spouse. Your education loan co-applicant could also be a maternal or paternal relative (uncle/aunt) or any blood relative. |
| Co-Applicant Income Stability: | Your co-applicant should have a stable income source or must be self-employed. |
Benefits
Tata Capital shares Tata Group's commitment to education. Since abroad education can transform lives, Tata Capital education loans offer many benefits, like collateral-free education loans, pre-admission sanctions, etc. Take a look at some of their attractive loan benefits:
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
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Need Guidance Faster? Call us at:
18001217661
How to Apply
UniCreds simplifies the process of applying for an abroad education loan from Tata Capital. Here's a walkthrough to help you get started:
Connect with UniCreds:
- Get in touch with us via phone, email, or our online contact form.
- A dedicated advisor from UniCreds will be assigned to assist you every step of the way.
Assessing Eligibility:
- Our advisor will evaluate your profile per Tata Capital's eligibility criteria, ensuring you focus on programmes that fit their loan offerings.
Document Collection:
- We'll provide a detailed list of documents Tata Capital requires for your loan application.
- You will have to upload your documents on your dashboard for review and verification.
Assistance with Online Application:
- Our user-friendly platform simplifies the application process.
- We'll guide you through each stage and ensure your application is submitted accurately and promptly.
Tracking Application Progress & Support:
- You'll have access to your personal dashboard, where you can track progress and get immediate support.
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
With UniCreds, you can simplify the documentation collection process for your Tata Capital Education Loan. Here's a breakdown of the typical documents you'll need:
| Type | Documents Required |
|---|---|
| Basic Applicant and Co-Applicant Documents | - Identification Proof - Passport - PAN card |
| Applicant’s Academic Documents | - 10th grade certificate - 12th grade certificate - Entrance Exam Scores (GRE. IELTS, TOEFL, GMAT, Other) |
| Applicant/Co-applicant Financial Documents | - Last 3 months' Salary Slip - Last 2 years Form 16 - Last 3 Years ITR - Business Proof - Bank statement – Last 6 months - Balance sheet and P&L account |
Loan Repayment
Student loans from Tata Capital have flexible repayment terms. UniCreds guides you through the customised plans and options throughout the process. Here’s what you need to know about Tata Capital repayment terms:
- Moratorium Period: Tata Capital provides a moratorium period of course duration + 1 year. This enables you to have some flexibility in arranging for funds to repay the loan or to get employed and become financially independent to commence your monthly instalments.
- Loan Repayment Tenure: The tenure extends up to 13 years. You can repay your loan in equal monthly instalments through auto debit or online.
- Prepayment Facility: If you are financially stable, you can prepay the loan before your repayment period starts. Tata Capital doesn’t charge any prepayment penalty.
The displayed EMI amount is approximate & is subject to change based on various factors.
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