Education loan

Get Education Loan Regardless Of Financial Background

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You have studied hard and excelled in your exams and are planning the next move in your career. With quick approval rates, minimal documentation & competitive interest rates Bitola Capital helps in providing Education Loan to help students pay their tuition fees and living cost when they are looking to take the next steps in their education, both in India and abroad. Bitola Capital helps in Education Loan regardless of someone’s financial background. This is the reason why we have made the availability of Student Loans as accessible as possible. Whether you are a student or a parent seeking to provide your children with the very best, we are here to support you.


Solutions for Everyone

Your education needs are unique. We provide you with customized education loans based on your requirements. Your loan for education can cover tuition fees, hostel charges, cost of books, etc.

Easy/Simple Repayment Options

You have the flexibility and control over how you want to repay your personal loan for education. Choose the option that best suits you. loan repayment option depends on 1 loan providing company to another.

Less Paperwork

Your loan gets approved with very little paperwork making a step ahead for your bright future.

Instant Approval

Submit just a few documents with your application and get your education loan sanctioned.

Eligibility Criteria for Education Loans in India

  • Undergraduate study loans: 18 years to 27 years
  • Post-graduate study loans: 21 years to 35 years
  • Doctoral course loans: 27 years to 55 years
  • Post-doctoral course loans: 27 years to 65 years
Courses eligible
  • Undergraduate programs
  • Postgraduate programs
  • Doctoral courses and PhDs
  • Certificate courses with 6 months or longer duration
  • Job-oriented courses
  • Technical courses
Institutes eligible
  • Recognized institutions and government colleges
  • Private institutes aided by government
  • International colleges and universities
  • Professional institutions

Documents Required to Apply for an Education Loan

Proof of Identity and age
  • Voter ID
  • Aadhar card
  • Any government issued identity card
Proof of Address
  • Voter ID
  • Aadhaar card
  • Utility bills etc.
Income proof
  • IT returns of parents of guarantor
  • 6 months bank statement
Education proof
  • Marks card starting from 10th standard
Other documents
  • Completed loan application form
  • Passport size photo of applicant
  • Passport, Visa copy (for studies aborad)


Lenders consider the following factors when approving a loan:

  • The course and institute you choose
  • The amount you need
  • Your academic performance
  • Repayment capacity of your family
  • Family assets
  • Annual income

Some of the courses eligible for education loan are mentioned below:

  • School education
  • Graduation courses
  • Post-graduation courses
  • Professional courses
  • Diploma/degree courses conducted by recognised institutions

The repayment period begins after you complete the course. The tenure may vary from one lender to another.

Yes, you can move your education loan from one bank to another. However, your current bank might charge a refinance fees. Therefore, it is important to consider all factors of the existing bank and the new bank before moving the loan.

Yes, education loans cover 100% of the education expenses. However, full coverage may only be provided for expenses under a certain limit. Lenders have a margin if the expenses go above the limit.