Pursuing higher education, whether in India or abroad, is a dream for many students — but financial limitations often stand as a challenge. Understanding this, Tata Capital introduces its Education Loan Schemes 2025, designed to empower every student’s learning journey with flexibility, affordability, and trust.
With the Tata Group’s legacy of enabling education and progress, Tata Capital ensures that quality education is accessible to students across all socio-economic backgrounds.
Key Features at a Glance
- Loan Amount: Up to ₹85 Lakhs (Unsecured) / Up to ₹2 Crore (Secured)
- Loan Tenure: Up to 13 Years
- Interest Rate: Starting from 9.50% to 18%
- Pre-Admission Sanction: Get approval even before securing admission
- Coverage: Tuition, accommodation, travel, and other academic expenses
Why Choose Tata Capital Education Loan?
Tata Capital’s Education Loans are built to make your academic journey stress-free, covering all educational expenses without financial strain.
Top Benefits:
- High-value loans up to ₹2 Crores
- Attractive and competitive interest rates
- Pre-admission loan sanction
- No margin money on select institutes
- Quick and efficient disbursal process
- Apply jointly with a guardian for added assurance
- Flexible repayment options post-completion of studies
Types of Loans Offered:
- Unsecured Education Loan – Up to ₹85 Lakhs without collateral.
- Secured Education Loan – Up to ₹2 Crores against property, fixed deposits, or other securities.
Interest Rates & Charges
- Interest Rate (w.e.f. May 2024): Repo + 3.5% onwards (subject to change)
- Processing Fee: Up to 2% + applicable taxes
- Penal Charges: 3% per month on overdue amount
- Dishonour Charges: ₹600 per instance
- Mandate Rejection Service Charge: ₹450 + GST
- Legal & Valuation Fee (Secured Loans): ₹5,000
- CERSAI Charges: ₹50–₹100 (as applicable)
- Prepayment/Foreclosure Charges: NIL
Eligibility Criteria
- Nationality: Indian
- Age: 18 to 35 years
- Qualification: Completed 10+2 or diploma
- Courses Covered: Graduate, Postgraduate, Professional, Executive & Vocational programs
- Institutes: Recognized and accredited universities in India or abroad
- Co-Borrower: Parent, sibling, spouse, or guardian
Documents Required
For Applicants (Salaried/Self-Employed):
- Identity & Address Proof (Aadhaar, Passport, Voter ID, Driving License)
- PAN Card or Form 60
- Recent photographs
- Income Proof (Form 16, salary slips, bank statements for last 6 months)
- Admission letter and academic records
For Co-Applicants:
- ID and address proof
- ITR, salary slips, or business proof (as applicable)
Simple Application Process
- Online Application: Fill in basic details via Tata Capital’s website.
- Document Submission: Upload or submit required documents.
- Verification: Tata Capital team verifies the application.
- Approval & Sanction: Loan gets approved and sanctioned.
- Disbursal: Funds are directly credited to the institution or applicant’s account.
Courses Covered
- Undergraduate and postgraduate programs
- Professional degrees (Engineering, Management, Medical, Law, etc.)
- Vocational and executive programs
- PhD and research-oriented studies
Why Tata Capital Stands Out
- Affordable and accessible education loans
- Fast processing and minimal documentation
- Expert financial guidance throughout the loan journey
- Transparent charges with no hidden fees
How to Apply
Students can easily apply for an education loan at www.tatacapital.com or visit the nearest Tata Capital branch for assistance.
Published on Scholarlify
This blog is published on Scholarlify, a student-first platform providing verified information on education loans, scholarships, and grants across India. Scholarlify’s goal is to make quality education financially achievable for every aspiring learner.