maarutifinserv.online

Education Loan

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Maaruti Finserv provides education loan services with key benefits, clear eligibility, and a simple application process to support students in achieving their academic goals.

Education Loan Benefits

  • Covers tuition, hostel fees, study materials, and other education-related expenses.

  • Enables access to quality education without financial burden upfront.

  • Competitive interest rates and flexible repayment options.

  • Tax benefits under Section 80E on the interest paid.

  • Supports studies in India and abroad.

eligibility criteria

Eligibility Criteria

  • Indian resident or NRI applying for recognized courses in India or overseas.

  • Admission in a reputed institution for full-time or part-time courses.

  • Co-applicant (usually parent or guardian) with a stable income and good credit history.

  • Minimum age 18 years and above.

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Common Documents

  • Identity proof: Aadhaar card, PAN card, Passport, Voter ID, or Driving License

  • Address proof: Aadhaar card, Passport, Utility bills, or Voter ID

  • Passport-sized photographs of the applicant and co-applicant

Education-Related Documents

  • Admission letter from the educational institution

  • Course fee structure or fee receipt

  • Proof of hostel accommodation (if applicable)

 

Income and Financial Documents

  • Income proof of co-applicant: Salary slips (last 3 months), Form 16, Income Tax Returns (last 2 years), bank statements (last 6 months)

  • Collateral/property documents (if required by lender)

how it works

A faster, easier approach to business lending

Fill the form

Fill out the personal loan application form either online or at our office.

Documents Submission

Our team will verify your employment, income, and credit history to assess eligibility.

Verify the Documents

Our team will verify your employment, income, and credit history to assess eligibility.

Get a loan approval and Disbursal

Once verified, loan approval is communicated quickly, often within 24-48 hours. Approved loan amount is transferred to your bank account promptly to meet your urgent financial needs.

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