Tata Capital Education Loan
NBFCA trusted NBFC from the Tata Group offering secured loans up to ₹2 Crore and unsecured loans up to ₹85 Lakh for study abroad, with university-tiered pricing and no prepayment penalty.
Why Choose Tata Capital Education Loan?
University-Tiered Pricing
Interest rates from 11% to 13.5% p.a., with Platinum and Gold university categories (based on world ranking or GRE/GMAT scores) determining approval rate, pricing, and processing fees.
High-Value Secured Loans
Secured loans up to ₹2 Crore and unsecured loans up to ₹85 Lakh for master's study abroad; unsecured loans for domestic study are capped at ₹7.5 Lakh.
Flexible Moratorium
Moratorium typically covers the course duration plus up to 1 year, though secured loans may require full EMI from the first month depending on the scheme.
Quick Approval
Loan approval timelines as fast as 48 hours, depending on document verification and applicant profile.
No Margin for Premier Institutes
No margin money is required if you're admitted to a premier institute; for other institutes, a 15% contribution from your own funds applies.
Expenses Covered
Tata Capital Loan Highlights
- Backed by the trusted Tata Group name
- Secured loans up to ₹2 Crore; unsecured loans up to ₹85 Lakh for master's abroad
- No prepayment penalty on early repayment
- Repayment tenure of up to 13 years
- Unsecured borrowing available up to ₹7.5 Lakh without collateral
- Tax benefits on interest paid under Section 80E
- Platinum/Gold university category-based pricing and approval benefits
- Nil part-prepayment charges
Eligibility Criteria
Indian Citizenship
Applicant must be an Indian citizen with confirmed admission to a recognized institution.
Recognized Institution
Admission must be to a course recognized by the relevant regulatory or educational authority, in India or abroad.
Co-applicant Required
A parent or guardian with a stable income is usually required to join as a co-applicant.
Loan Amount & Collateral
Unsecured loans without collateral are available up to ₹7.5 Lakh. Higher amounts, including secured loans up to ₹2 Crore, require collateral depending on the applicant's profile and institution.
Documents Required
Standard checklist for education loan applications — confirm the exact current list with Tata Capital directly before applying.
Student Documents
- Passport
- Admission Letter
- Academic Marksheets
- PAN Card
- Aadhaar Card
- Photographs
Co-applicant Documents
- PAN Card
- Aadhaar Card
- Salary Slips / ITR
- Bank Statements (6 months)
- Employment Proof
- Address Proof
Collateral Documents (if applicable)
- Property Papers (Registry)
- Latest Tax Receipt
- Property Map
- Chain Documents
- NOC (If Applicable)
- Valuation Report
How Tata Capital Education Loan Works
Check Eligibility
Apply & Upload Documents
Application Login
Credit Evaluation
Sanction Letter
Visa Approval
Disbursement of Loan
University Coverage
Tata Capital categorises partner universities into tiers such as Platinum and Gold, based on world ranking, post-study job outcomes, and applicant GRE/GMAT scores (Platinum: GRE 315+ or GMAT 650+; Gold: GRE 300-315 or GMAT 600-650). Your university's tier can influence approval rate, interest rate, and processing fees. Confirm coverage and tier for your specific institution with Tata Capital directly or our counsellors before applying.
EMI Calculator
Estimate your monthly EMI for a Tata Capital education loan based on amount, tenure, and interest rate.
Open EMI CalculatorFrequently Asked Questions
Still not sure if Tata Capital Education Loan is right for you?
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