Our annual fee financing solution provides loan to parents and students on annual basis with easy monthly installments designed in a way to make it easier for the borrowers to repay.

Benefits of
Annual Fee
Financing


Easy Documentation

  • The documentation process is fairly simple and basic documents are needed for sanction of loan

Quick Disbursement

  • With our state of the art system we strive to complete the disbursement of loan in less than 10 days

Online Application

  • The Candidates can apply for loan online using the tools provided by our technology partners.

Live Update

  • The college gets a live tracking on status of the loan application for all candidates.
Benefits For Parents

Minimal Paper Work

0% Interest Loans

Approval In Minutes

No Prepayment Charges

EMI

Repay In Easy Monthly Installments

Why Choose Education Loan

We ensure 100% transparency throughout the education loan process. Our education loan counsellors will stay by your side at every step of the whole process.

  • Transparency
  • Secure
  • Technology
  • Flexible Collateral
  • Support
  • Tax benefits
Our Lending Partners
Agile Finserv

Agile Finserv

Avanse Financial Services

Avanse Financial Services

InCred

InCred

Exclusive Leasing & Finance

Exclusive Leasing & Finance

EZ Capital

EZ Capital

PHF Leasing

PHF Leasing

Amrit Malwa Private Limtied

We Pay India

FAQ

  • 1. What all documents are required for the approval of loan via EmpowerYouth?
    The following documents will be required to submit for loan approval.
    - AADHAR CARD
    - PAN CARD (mandatory in certain Banks/NBFC's)
    - PHOTO
    - PASSPORT
    - 10TH to Last Qualification
    - COLLEGE ADMISSION LETTER
    - ENTRANCE EXAM SCORE CARD (if any)
    - IELTS SCORE CARD
    - OFFER LETTER (mandatory in certain Banks/NBFC's)
    - MOBILE NUMBER
    - EMAIL ID
  • 2. Is the loan available for abroad studies too?
    Yes. The loan is available for both India and abroad.
  • 3. When do we have to start to repay the loan?
    Direct EMI starts next month from the date of sanctioning of loan
    or Moratorium period (simple interest is charged on the amount disbursed)
  • 4. What all expenses will be covered in the loan?
    The following expenses will be covered depending upon the terms of Banks/NBFC:-
    Fee payable at college/ school/ hostel
    Examination/ library/ laboratory fee
    Travel expenses/ passage money for studies overseas
    Insurance premium for student borrower
    Caution deposit, building fund/ refundable deposit supported by institution bills/ receipts
    Purchase of books/ equipment/ uniforms/ instruments
    Purchase of computer at reasonable cost if required for completion of the course
    Any other expense required to complete the course like study tour, project work, thesis.
  • 5. Is there any collateral required to secure the loan?
    The collateral for security will depend from case to case. We will study your case and inform accordingly.

Get In Touch With Our Loan Expert

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All loans are from bank and non-bank partners licensed by RBI