EDUCATION LOAN

Education Loan

Compare Education Loan offers from our regulated lending partners — for undergraduate, postgraduate, diploma, and study-abroad courses, fully digital start to finish.

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What is an Education Loan?

An Education Loan is financing from a bank or NBFC to cover the cost of higher education - tuition, exam fees, living expenses, and related costs - repaid over an agreed tenure through EMIs once your course (and typically a moratorium period) ends. NeerCred doesn't lend the money itself - we collect your details once and match you with partner banks/NBFCs who evaluate and, if approved, disburse the loan directly.

Who this is for

Documents & information you'll need

You'll be asked for this directly in the application below — nothing needs to be uploaded or prepared in advance.

Full name (as per PAN) and mobile number
Date of birth
Course type and institute/university name
Required loan amount
Employment type (Salaried / Self-Employed / Business Owner)
Monthly income
GST registration & current account details (self-employed applicants only)
Any EMI default in the last 6 months
Preferred bank, if you have one

How it works

1

Fill in your details

Answer a short set of questions online — takes a few minutes.

2

Get matched

We match you with eligible partner banks/NBFCs based on your profile.

3

Complete with the lender

Finish your application directly with the matched lender to proceed.

Frequently asked questions

Does NeerCred approve my Education Loan?

No. NeerCred matches you with partner banks/NBFCs based on the details you provide - the lender you're matched with makes the actual credit decision, not NeerCred.

Are there any charges from NeerCred for this?

No. NeerCred doesn't charge you anything to compare or apply. Any lender-side deduction or charge is disclosed by the lender in the Key Fact Statement (KFS) and loan agreement before you proceed.

Do I need a co-applicant?

Most lenders require a co-applicant (typically a parent or guardian) for an education loan, especially for students without an independent income. Your matched lender will confirm their specific requirement.

What happens after I submit my details?

You're matched with eligible partner lenders based on your profile, and you complete the rest of the application directly with the matched lender to move forward.

Can I get an education loan for studying abroad?

Yes - the application asks for your course type, including a Study Abroad option, so you can be matched with lenders who finance overseas education.

NeerCred is a multi-lender marketplace, not a lender — we match you with partner banks and NBFCs, who make the actual lending decision. No fees are charged by NeerCred; any lender deduction or charge is disclosed by the lender in the Key Fact Statement (KFS) and loan agreement before you proceed. See how it works and our compliance & disclosures for full details.

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