Domestic Education Loan with LoanPao

LoanPao’s domestic education loans provide students in India 2025 with accessible financing solutions to pursue higher education. Our network of over 500 RBI-compliant lenders ensures competitive rates, fast approvals, and flexible repayment terms to support your academic journey.

What is a Domestic Education Loan?

A domestic education loan is a financial product designed to cover the costs of higher education within India, including tuition fees, accommodation, books, and other related expenses. These loans are typically unsecured and offer flexible repayment options, often with a moratorium period during the study duration. LoanPao partners with leading banks and NBFCs to offer seamless application processes and transparent terms for student financing needs.

Types of Domestic Education Loans

LoanPao offers a range of domestic education loans to meet diverse academic needs:

  • Undergraduate Education Loan: For students pursuing bachelor’s degrees in recognized Indian institutions. Covers full tuition and living expenses. Learn More
  • Postgraduate Education Loan: Supports master’s degrees, professional courses, and research programs in India with high loan amounts.
  • Skill Development Loan: Finances vocational courses, certifications, and short-term programs to enhance employability.

Benefits of LoanPao Domestic Education Loans

Our domestic education loans offer several advantages:

  • High Loan Amounts: Up to ₹50 lakh to cover tuition, accommodation, and other expenses.
  • Competitive Rates: Interest rates starting at 8.5% p.a., tailored to your profile.
  • Flexible Repayment: Moratorium period (course duration + 6-12 months) with tenures up to 15 years.
  • Fast Approvals: Approvals within 24-48 hours for urgent academic needs.
  • Minimal Documentation: Streamlined process with digital submission of KYC and academic documents.
  • Tax Benefits: Deductions under Section 80E of the Income Tax Act on interest paid.
  • No Prepayment Penalty: Repay early without additional charges with select lenders.

Eligibility Criteria

To qualify for a LoanPao domestic education loan, applicants should meet the following requirements:

  • Indian citizen aged 18-35 years.
  • Admission to a recognized Indian institution (university, college, or vocational institute).
  • Co-applicant (parent/guardian) with stable income or collateral for higher loan amounts.
  • CIBIL score of 650+ for co-applicant (if required by lender).
  • Valid KYC documents (Aadhaar, PAN, address proof).
  • Academic records (10th, 12th, or prior degree mark sheets).
  • Admission proof (offer letter or fee structure).

Check your eligibility instantly via our CIBIL login or contact us at info@loanpao.in.

How to Apply

Applying for a domestic education loan with LoanPao is simple and efficient:

  1. Fill the Form: Complete the form below with your personal and academic details.
  2. Submit Documents: Upload KYC, academic records, admission proof, and co-applicant details digitally.
  3. Lender Matching: Our team matches you with suitable lenders from our 500+ network.
  4. Receive Offers: Get personalized loan offers within 24-48 hours.
  5. Fund Disbursal: Funds are credited directly to the institution or your account upon approval.

Start now by filling the form below or call +91-971-769-5334 for immediate support.

Why Choose LoanPao for Domestic Education Loans?

LoanPao is your trusted partner for education financing in India:

Rapid Approvals

Get loan approvals within 24-48 hours for timely academic funding.

Trusted Lender Network

Partnered with over 500+ RBI-compliant banks and NBFCs.

Secure & Transparent

SSL encryption and RBI-compliant processes ensure safety and trust.

Frequently Asked Questions

The loan covers tuition fees, accommodation, books, laptops, exam fees, and other education-related expenses.

It’s a grace period (course duration + 6-12 months) during which no EMI payments are required, allowing students to focus on studies.

Approvals take 24-48 hours, with funds disbursed shortly after, depending on the lender and documentation.

A co-applicant (parent/guardian) is usually required for higher loan amounts or if the student has no income source.

Apply for a Domestic Education Loan

Fill out the form below to explore domestic education loan options. Our team will contact you within 24-48 hours to assist you.