Your admission is the hard part. Funding it isn't.
Loans up to ₹2 crore for degrees in India and abroad — tuition, living costs, travel and insurance — with repayment starting only after your course.
Education Loan
Interest rate
8.33% p.a. onwards
Loan amount
Up to ₹2 Cr
Loan amount
Up to ₹2 Cr
Interest rate
8.33% p.a. onwards
Moratorium
Course + 6–12 months
Coverage
Tuition + living + travel
Why apply through QCred
Collateral-free options
Top universities and strong co-applicant profiles qualify for unsecured loans up to ₹75 lakh with select lenders.
Study now, pay later
The moratorium covers your entire course plus a job-search buffer. Simple interest during study keeps the burden light.
Tax benefits under 80E
Interest paid on education loans is fully deductible for up to 8 years — effectively lowering your real borrowing cost.
Forex & disbursal support
Direct university disbursals in foreign currency, semester-wise, with guidance on I-20/CAS timelines.
Find your best education loan offers
It takes 2 minutes. This will not affect your credit score.
Eligibility
- Admission
- Confirmed offer from a recognised institution
- Co-applicant
- Parent/guardian with steady income (most cases)
- Age
- 18 – 35 years (student)
Documents
- Admission/offer letter
- Fee structure from the institution
- Academic records (10th, 12th, degree)
- Co-applicant income proof and KYC
- Collateral documents (if secured)
Rates & charges
- Interest rate
- 8.33% – 13% p.a.
- Processing fee
- 0% – 1.5%
- Margin
- 0 – 15% (loan covers 85–100% of cost)
Indicative ranges across partner lenders; your offer depends on profile and lender policy.
Education Loan FAQs
Do I need collateral for studying abroad?
Not always. For strong universities (especially STEM in the US, UK, Canada), several lenders offer unsecured loans up to ₹75 lakh. Collateral unlocks lower rates and higher amounts.
When do I start repaying?
After the moratorium — your course duration plus 6–12 months. Paying just the simple interest during study, if you can, significantly reduces your final EMI.
Get your education loan moving today
Apply in two minutes or talk to an advisor first — either way, it costs you nothing.