Overview of education loan on the property

Bajaj Finserv offers loans against property for education to fund the educational expenses of your child. Finance your child’s expenses for higher studies like moving to a new city or country, tuition fees, activity charges, living expenses, and more. Empower your children to study abroad.

Education loan against property

If you are looking for a flexible loan facility with simple eligibility terms to finance your child’s education, the Bajaj Finserv Education Loan on Property is the perfect solution. Access up to Rs. 10.50 crore* to cover all education-related expenses such as tuition fees, hostel charges, living expenses, and transportation costs. The funds are disbursed to your account within 72 hours* of approval and you can manage your loan online at any time and from anywhere with our customer portal - My Account.

Make unlimited withdrawals and part-prepayments with our Flexi loan facility. You will be charged interest only on the amount you borrow. You can also opt to pay interest-only EMIs for the initial tenor and the principal amount later.

Features and benefits

To find more about the features and benefits of availing of an education loan against property, read on.

  • Competitive rate of interest

    Competitive rate of interest

    Bajaj Finserv offers applicants an affordable loan against property option to fit their finances.

  • Quick disbursal

    Quick disbursal

    Access funds within 72 hours* of approval once you meet our simple eligibility criteria.

  • High-value loan

    High-value loan

    Get a loan against property for higher education of up to Rs. 10.50 crore* to finance all your expenses comfortably.

  • External benchmark linked loans

    External benchmark linked loans

    By opting for the Bajaj Finserv linked to an external benchmark, applicants can enjoy reduced EMIs along with favorable market conditions.

  • Digital monitoring and minimal documents

    Digital monitoring and minimal documents

    Now keep a close eye on all your loan developments and EMI schedules through the Bajaj Finserv online platform.

  • Repay in up to 15 years*

    Repay in up to 15 years*

    Our loan against property for education makes repayment stress-free giving you your choice of the tenor.

  • Zero contact loans

    Zero contact loans

    Experience a truly remote loan against property application from anywhere in India by applying for Bajaj Finserv online loan against property and getting easy approval.

  • Flexible repayment

    Flexible repayment

    Pay at your convenience over a property loan repayment tenor of up to 15 years.

Eligibility criteria and documents required for education loan on the property

Meet our simple study loan eligibility criteria and provide the necessary documents for loan approval.

  • Nationality


    Resident of India, owning property at the following locations:
    Delhi and NCR, Mumbai and MMR, Chennai, Hyderabad, Bangalore, Pune, Ahmedabad (for salaried individuals) or Bangalore, Indore, Nagpur, Vijayawada, Pune, Chennai, Madurai, Surat, Delhi and NCR, Lucknow, Hyderabad, Cochin, Mumbai, Jaipur, Ahmedabad (for self-employed individuals)

  • Age


    You must be between 25 years (18 years for non-financial property owners) to 85 years* (including non-financial property owners)
    * 85 years* of age or less at the time of loan maturity

  • Employment


    Salaried employee of any private, public or multinational organization or self-employed individual with a consistent business income

Fees and charges of education loan on the property

Avail competitive property loan interest rates with no hidden charges when you apply for the Bajaj Finserv Education Loan on Property. Calculate your EMI with our loan against property EMI calculator.

Education Loan on Property Schemes

How to apply for a student loan on the property

Follow these simple steps to apply for a loan against property:

  1. 1 Access our online application form
  2. 2 Fill in your personal and property-related data
  3. 3 Enter your income details to receive attractive offers

Our representative will guide you through the next steps of getting the loan.

*Conditions apply

Education loan on property frequently asked questions

Why opt for education loan on property?

Our education loan on property offers a high-value amount, flexible tenor, simple eligibility terms, and disbursal within 72 hours*.

How do I qualify for an education loan?

You only need to meet our education loan eligibility criteria which pertain to your property and financial profile.

How do I repay my education loan on property?

Plan your education loan repayment process by using our EMI calculator to compute your monthly payments and choose the right tenor.

Can I apply for a loan against a co-owned property?

Yes, co-owned properties are eligible as long as all owners co-apply for the loan against property.

What criteria must my property meet for approval?

To qualify for a loan against property, your property’s title should be free of litigation. There should be no existing mortgage on it.

Does my property need to be insured?

Yes, the property must be insured for the entire tenor of the loan. You must submit the documents for proof whenever required.

What are the documentation requirements for an education loan on property?

You only have to provide some basic documents and fulfill simple eligibility criteria to successfully apply for an education loan.

The documents required for an education loan on the property are – Copy of ownership papers of the property to be mortgaged

  • Bank account statements for the last 3 months or 6 months as a salaried or self-employed applicant, respectively
  • Proof of address like latest utility (electricity, telephone, post-paid mobile) bill, municipality tax receipt, life insurance policy, etc.
  • PAN card or Aadhaar card
  • Income tax returns
What are the expenses covered by an education loan on property?

An education loan on property does not implement any restrictions on how borrowers decide to use the sanctioned loan amount. This allows borrowers to meet both direct and ancillary expenses related to pursuing higher education, whether in the country or abroad.

Furthermore, the high education loan amount helps them finance higher education costs in renowned colleges or universities across the world. For instance, they can account for expenses directly related to the pursuance of higher education, like admission costs, tuition fees, exam fees, lab charges, etc. The sanctioned amount can also easily account for bills related to food, accommodation, and other living expenses if need be.

*Conditions apply

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