Now, students who wish to pursue an education abroad can get an Education Loan up to Rs 1.5 Crore only on Bajaj Markets, a digital financial marketplace. These loans, offered by multiple lenders on the platform, finance up to 100% of tuition fees and other expenses that bridge the gap to international education.
Bajaj Markets offers unsecured and secured loan options. Students can avail of unsecured loans up to Rs. 80 Lakhs and secured loans up to Rs. 1.5 Crores. Interest rates begin at as low as 10.25% per annum, and the period for repayment may stretch to 15 years for comfort and flexibility. And on top of that, no extra charges will be levied for prepayments or foreclosures, thus empowering the student to manage his/her finances much more effectively.
Their eligibility for these education loans is decided by a mix of factors: academic achievements, grades, choice of course, university, internships, and financial status. One would need documents like academic records, KYC documents, collateral-related documents in the case of secured loans, and proof of income. If there is an application for a visa to study abroad, the unconditional offer letter from the university and Form I-20 may be required in addition.
Bajaj Markets has made this application process rather lucid and fast with minimal documentation. One can choose a loan most suited to one's needs from various available options across different lenders. This seamless experience therefore tries to help students in the fulfillment of their academic goals without any financial barrier.
In addition to education loans, Bajaj Markets allows customers to avail themselves of a plethora of financial solutions offered by top financial institutions. These include credit cards, investment products, and insurance policies. The website and the app of Bajaj Markets have been inducted with all these products, and so this platform is virtually becoming an all-inclusive financial marketplace.
Bajaj Finserv Direct is a fully-owned subsidiary of Bajaj Finserv and is one of India's fastest-growing fin-tech companies. It has two key arms: Bajaj Markets, the financial marketplace, and Bajaj Technology Services, which is a service provider for techfins. Bajaj Markets offers various financial products across numerous categories, including loans, cards, insurance, investments, payments, pocket insurance, value-added services, and much more. It is powered by the most trusted financial brands. Bajaj Markets has built itself as 'India ka Financial Supermarket' and is a one-stop destination for customers to explore products that help achieve their financial goals.
With the help of Bajaj Technology Services, Bajaj Finserv Direct has also been increasing its footprints as a techfin company. This arm is engaged in offering digital technology services, covering custom applications, enterprise applications, data and analytics, generative AI, cloud services, and digital agency solutions.
That's not all. Visit the website or download the app from the Play Store or App Store to explore the wide range of financial products and services. Be a part of 'India ka Financial Supermarket'.
