Padho Pardesh education loan scheme
The Ministry of Minority Affairs, the Government of India, and the IBA introduced the Padho Pardesh scheme for students from minority communities pursuing education overseas. The scheme provides interest subsidy on your education loan provided you meet their eligibility criteria
- You belong to the economically weaker section with a gross family income within Rs. 6 lakh annually. You must present the income certificate issued by the state government to avail of this scheme.
- You must issue a self-declaration or certificate of belonging to the minority community as declared under section 2(C) of the National Commission for Minorities Act, 1992
If you need funds for pursuing your higher education but aren’t eligible for the Padho Pardesh scheme, consider other education loan schemes such as the Bajaj Finserv loan against property for higher education. Meet our simple eligibility criteria and get the loan amount in your account within 72 hours*. Opt for our Flexi facility to withdraw and pre-pay as per your needs and availability of funds. You can lower your EMIs by up to 45%* if you choose to pay only interest as EMI for the initial tenor. If you need to refinance an existing loan, you can avail of our hassle-free balance transfer facility at nominal charges and get up to Rs. 1 crore as a top-up loan.
Benefits of a Bajaj finance education loan against property
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Affordable high-value loan
Study abroad aspirants can avail of a high loan amount of up to Rs. 10.50 crore* to fund their education abroad.
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Comfortable loan tenor
Pay EMIs over a flexible tenor of up to 15 years, without compromising on future savings and prospects.
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Easy balance transfer
Avail our loan against property balance transfer facility for attractive interest rates and a high-value top-up loan of up to Rs. 1 crore to finance additional expenses.
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Hassle-free application
Save time and proceed for a speedy disbursal by meeting our minimal eligibility criteria and documentation and a pickup service from your doorstep.
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Disbursal in 72 hours*
Get the money in your bank account within 3 days* of approval to secure admission at your chosen academic institute.
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Digital loan account
Access your loan account anywhere and anytime to manage your EMIs online with our customer portal – My Account.
Eligibility criteria for education loan against property
Access funds within three days* once you meet our simple eligibility criteria for education loan on property.
Easy guide to applying for the Bajaj finance education loan against property
A simple, easy to follow guide has been given for your benefit, if you are interested in applying for the Bajaj finance education loan against property,
- 1 Click on the application form on the Bajaj finance website to apply
- 2 Provide your personal and property details
- 3 Enter your income details to help us find the best offer for you
Once you have submitted your loan against property application, our associate will call you to assist you with the next steps within the next 24 hours*.
*Terms and conditions apply
