Loan For Higher Education | Higher Education Loan

Loan For Higher Education

A loan for higher education, or a student loan, is money that you borrow to pay for college with the expectation that you will pay that money back in the future.


    Higher Education Loan

    Higher education loan isn’t that different from other types of loans. However, the process of obtaining and repaying a student loan, on the other hand, has some distinguishing features.

    One of the most important benefits of higher education is the opportunity to study in top universities and colleges of your choice. As a result, you’ll have more top-quality education experience, technical skills, language skills, industrial visits, and practical projects to supplement classroom training. For the best education loan in India, give Varthana a call or check our website.

    Higher education loan in India

    Tuition fees, housing, transportation, utilities, and leisure activities are the most crucial aspects that will influence the expense of your education.

    It’s unusual to have such a large amount of money on hand. So yes, it is worthwhile to take the risk of investing in education. With Varthana, your tuition is paid in full before you begin your higher studies.

    You don’t need to work in order to repay the loan. You might instead concentrate on your academics. You will graduate with new and enhanced critical thinking, analytics, written and spoken communication, and group problem-solving skills in addition to the degree. Consider this: if you study and grow, the Indian economy grows with you.

    Varthana is helping you and other young Indian students get access to quality higher education by providing them with a domestic education loan. We are helping those students who have been turned down by banks and other NBFCs. If you are still thinking about how to get education loan after 12th, Varthana can help you.

    Higher education loan

    Features And Benefits Of Varthana’s Loan For Higher Education

    We offer simple and convenient loan for higher education:


    We offer unsecured education loan ranging from Rs 40,000 to 5 lakh INR.

    Varthana provides education loan without collateral

    Varthana provides education loan without collateral


    The loan amount taken by students is paid directly to the institution



    Easy repayment options (tenure more than the course period)


    EMI options that are simple and adaptable

    Varthana provides education loan without collateral

    Dedicated relationship manager to answer all your queries


    Faster disbursement and smooth process


    Expenses Covered In Higher Education Loan

    Tuition fees

    Tuition fees

    Hostel: Food and accommodation expenses

    Hostel, food, accommodation expenses

    Classroom: Books and uniforms expenses

    Books and uniforms


    Others: Laptops and training materials

    Purchase of laptops, training materials

    Expenses covered for study tours etc

    Study tour expenses

    Varthana Higher Education Loan Eligibility Process:

    Our education loan process is divided into 3 steps:

    1. Apply


    You are requested to fill out and submit a form online by visiting or you can just call us at 080-68455777. You will get a call from our customer service team within 4 hours of any working ​day (Mon-Fri, 9 a.m. to 6 p.m.).

    2. Approval


    Your assigned dedicated relationship manager will call you or send you an email to set up an appointment to discuss your needs and advise you on the documentation you’ll need to apply for education loan in India. With the help of telecallers, upload the loan application document. Following verification, your loan will be granted within 72 hours.

    3. Disbursement


    The higher education loan would be approved in principle after a thorough examination and education loan eligibility calculations. While you pay flexible EMIs, the loan for higher education will be disbursed to the institute.

    How Is Varthana’s Higher Education Loan Different From Others

    If you apply for education loan from Varthana, these are some of the benefits you will enjoy.

    • The higher education loan is repaid during the course
    • Fully digital and simple process
    • Tele assistant
    • Doorstep service

    Why Varthana

    Varthana is India’s fastest-growing education loan company.

    India’s fastest-growing education loan company

    We are helping students achieve their education goals.

    Helping students achieve their education goals

    We operate in 10 cities and are recognised as one of the top education loan companies in India.

    Operating in 10 cities


    top higher education

    One of the top higher education loan companies in India

    400+ partner institutions and growing

    400+ partner institutions and growing

    Flexible EMI options and doorstep service

    Flexible EMI options and doorstep service

    Full-fledged online process

    The amount is fully paid to the institute before you begin your higher education



    Fast track approval


    Documents required for student loan


    Documents we need from you

    • KYC documents
    • Proof of admission to the course (Offer letter/Bonafide letter from the institution)
    • Schedule of expenses (Fee Structure)

    Co-borrower (Parent/Spouse/Guardian) – General Documents

    • KYC Documents
    • Proof of current residence (Gas Bill, Rental Agreement or any KYC)
    • Income Documents

    Note: For retired Co-borrowers we need only their ID’s, residential proof, 6 months bank statement and pension order

    Co-borrower (Parent/Spouse/Guardian) – Income Proof Documents

    For Salaried:

    • 3 months salary slips / Salary Certificates.
    • Salary a/c statement for the last 3 months with credited salary banking.

    For Business:

    • Latest 1-year full ITR set (Computation of income + P/L Statement & Balance Sheet)
    • Savings and current a/c statement for last 6 months
    • Business proof
    • Special Programs for Business Individuals without ITR

    Frequently asked questions of student loan

    You can apply for a higher education loan for further studies by visiting and by filling out a form or calling us at 080-68455777

    Yes, we are one of the top higher education loan providers in Bangalore. Varthana also takes pride in providing loans for students from Delhi-NCR, Jaipur, Indore, Hyderabad, Chennai, Coimbatore, Pune, Mumbai and Ahmedabad.

    The whole higher education loan process will take 2-3 working days.

    Over the duration of the loan’s term, the loan will be repaid to the lender in Easy Monthly Installments (EMIs). The loan can be repaid through e-NACH (Electronic National Automated Clearing House) or Post-Dated Cheques (PDCs).

    The rate of interest is determined by a number of factors, including the loan amount requested, the type of higher education loan selected, the loan tenure selected, the cash flow of the student/co-prospective borrower, loan repayment history, and so on.

    The maximum amount for the loan can be calculated and made available based on the course, kind of loan, eligibility conditions and creditworthiness, as well as loan payback history.

    The parent (guardian) will be required to act as a co-borrower on the student’s higher education loan and will be required to present the relevant KYC and income-proof documentation in order to obtain the loan.