What Are the Eligibility Criteria for Education Loans for Indian Students?

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Indian students can get an education loan if they have an admission letter from a recognized school or college. A parent or guardian usually needs to be a co-signer for the loan. The student must meet basic age and study course rules set by the bank.

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To qualify for an education loan in India, students must be Indian citizens, have secured admission to a recognized institution, and maintain a strong academic record. Most banks also require a co-applicant and proof of income for repayment assurance. Just like accessing financial aid through nsfas portal login helps South African students manage their studies, education loans empower Indian students to pursue their academic dreams with financial support.