Tata Capital Lending Partner

Get Free Education Loan Assistance From Siksha Udaan Capital

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Tata Capital Loan for Abroad Studies

Tata Capital is committed to assisting students who want to continue higher education effectively. The purpose of Tata Capital Education Loans is to help people realize their full abilities and meet their academic objectives. Their goal is to close the gap between worthy students and the funding that they need to follow their dreams by offering these loans. They know the profound impact of education and strive to facilitate students’ access to the advantages it brings.

Getting financial help for education can be difficult, with many challenges to face. But now, there’s no need to worry as Shiksha Udaan Capital has collaborated with Tata Capital to provide study-abroad loans. 

Criteria for Eligibility for Tata Capital Education Loan

Age and Citizenship

To apply, the candidate should be an Indian citizen and meet the requirement of being at least 18 years old at the time of application submission.

Courses

If you have plans to study abroad at your preferred university, you have the option to seek an education loan. This financial assistance is available for various academic levels, including graduate, post-graduate, doctoral, and postdoctoral courses.

Education Qualification

To qualify, the applicant needs to have been admitted to a well-known university or institution for a program that will lead to the desired degree or diploma.

Co-applicant

A co-applicant is required for the application process. The candidate must have either a parent or a legal guardian as their co-applicant. The co-applicant should have a stable income and a positive credit history.

Tata Capital Education Loan Requires Collateral

The financial institution does not require any collateral until your loan amount reaches INR 4 lakh. However, if you borrow more than INR 4 lakh for higher education in India or abroad, you will need to provide tangible collateral such as property, fixed deposits, or insurance policies.

The loan amount available for pursuing higher education is INR 25 lakh for studies within India, while it is INR 30 lakh for education abroad. As part of the loan processing, it is mandatory to provide collateral proof, necessary documents, as well as other KYC and income details. 

Required Documents for Tata Capital Education Loan

Documents Required from Applicants

Financial Details of Parent or Guardian

Collateral Proof

Confirmation of Admission

Steps to Apply for Tata Capital Education Loan

To apply for the loan, simply access the official website of Tata Capital and follow the steps mentioned below to successfully submit your loan application.

  • Go to the ‘Education Loan’ section
  • Provide the necessary details in the online application form
  • Provide your full name, contact number, and PAN information, and proceed with submission.
  • Once your loan has been approved, you can move forward to the next stage.

Ensure that the processing fee is paid and the necessary documents are submitted for the loan disbursement process.

Customer Inquiry

To address any questions or concerns regarding your loan, you can either visit the nearest branch or reach out to a customer care representative. Please make a call to 1860 267 6060 using your registered phone number. Once you speak with the representative, you may discuss whatever problems you are having with the student loan. The person would then respond to your questions as soon as possible.

Obtain your educational loan from Tata Capital via Shiksha Udaan Capital

You may apply for a study abroad loan through Shiksha Udaan Capital if you’re seeking for financing to pay for your education overseas but don’t want to deal with the headache of going to physical branches and filling out lengthy application forms. 

Shiksha Udaan Capital specializes in assisting students in obtaining funding for their overseas higher education through an education financing platform.

Once you satisfy the requirements for eligibility, one of our dedicated counselors will thoroughly examine your profile and recommend lenders based on how well they match your particular loan requirements. Our team of counselors is dedicated to providing comprehensive support and guidance throughout the loan process. They are readily accessible to address any inquiries or challenges that may arise, ensuring an easy and hassle-free experience for you.

Reasons to Choose Shiksha Udaan Capital for your Tata Capital Education Loan

We Guarantee the Best Loan Options Available to You

Shiksha Udaan Capital is committed to providing its customers with the most beneficial student loan option on the market. Our goal is to make sure our customers can get the best interest rates possible on their student loans. 

Completely Online Procedure

The entire process of obtaining an education loan from Tata Capital can be completed online, removing the necessity for borrowers to make in-person visits.

Quick and Timely Processing

Once all essential documentation for your Prodigy Tata Capital loan has been submitted, your loan approval will be processed within a week.

Support provided by Shiksha Udaan Capital

Shiksha Udaan Capital offers free guidance and complete support for applicants applying for a Tata Capital education loan.

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Frequently Asked Questions

What are the requirements for obtaining an Education Loan from Tata Capital?

If you are an Indian citizen aged between 18 and 45, currently enrolled in an undergraduate, postgraduate, executive MBA, or vocational program, you may be eligible to get an Education Loan from Tata Capital. 

Is there an option to prepay the Education Loan? Are there any additional costs for making early payments?

It is possible to make early payments on education loans before the tenure is completed. There are no charges for prepaying the education loans.

What expenses are included in my Loan coverage? (Does the Education Loan also cover living expenses?)

The cost of education, including tuition fees, is an essential consideration for students. Additionally, living expenses such as rent, utilities, food, groceries, and local transportation are crucial factors to take into account. Furthermore, miscellaneous expenses like laboratory fees, purchasing books, computers, laptops, and travel fares should also be considered when planning for educational expenses.

Who is eligible to be my co-applicant?

When considering a Co-applicant for your Education Loan, you have the flexibility to choose from various immediate family members. This includes your Father, Mother, Brother, Sister, or Spouse. Moreover, you can also opt for a Co-applicant from your maternal or paternal side, such as an uncle or aunt. Additionally, any Blood Relative can be selected as your Education Loan Co-applicant.

What steps should I take to repay my loan?

Applying for a student loan with Tata Capital gives you access to repayment plans that are tailored to your specific requirements. The payback period begins one year after your degree is finished, and you have twelve months to return the debt in equal monthly installments, up to a maximum of one hundred sixty months. The EMIs can be paid online or by auto debit whenever and wherever you choose by visiting our website. Additionally, you can deposit a check at the closest Tata Capital location. Repayment of your college loans is entirely up to you.

 

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