Education LOAN
Invest in your education for a prosperous future with our specialized loans.
Introduction
Nora Finance offers a range of benefits to students who are seeking financial assistance for their education.
At Nora Finance, we understand the importance of education and the financial burden it can place on students and their families. We are committed to providing hassle-free and flexible education loans to help students achieve their academic and career goals.
Key Features
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Loan Starting From 3 Lakhs
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Longer Repayment Tenure
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Smaller EMIs
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Floating & Fixed Interest Rates
Eligibility For Educational Loan
Want to apply for home loan online? Check home loan eligibility mentioned below:
For Self-Employed Individuals:
- Resident Indians only
- Aged between 21-70 years
- Minimum 3 years of business continuity
- Must earn minimum ₹1.5 lakh per annum
- Tenure duration 12 months – 300 months
For Salaried Individuals:
- Resident & Non-Resident Indians
- Aged between 21-60 years
- Minimum 3 years of experience
- Must earn minimum ₹1 lakh per annum
- Tenure duration 12 months – 360 months
Valid Identity Proof: You can provide a copy of your passport, driving license, PAN card, or Aadhaar card.
Valid Address Proof: You can provide a copy of your passport, driving license, ration card, electricity bill, telephone bill, or Aadhaar card.
Valid Income Proof: If you are a salaried individual, you need to provide your last 2 months’ salary slips, latest ITR or Form 16, or last 6 months’ bank statement. If you are self-employed, you need to provide your latest ITR, balance sheet or P&L statement, GST return, and last 6 months’ bank statements or CC statements, etc.
Property Proof: You need to provide photocopies of the draft sale deed and chain title documents (if any), allotment/possession letter, and a no objection certificate from the society, along with other documents as per the legal report.
Education Loan Approval process
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Loan amount disbursed