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E-Fundings FAQ
What is an Education loan?
As the name states it’s for the Students, mostly to pursue Under Graduation or Post Graduation Programs. These loans usually covers Tuition, Living Expenses etc.
Will I be Eligible for loan?
We can tell only after checking out your Profile. What are you waiting for?
I don’t have Collateral. Can I avail loan?
Yes, you can. For more details contact us.
When should I apply for loan?
We can say as soon as possible. You should not ignore as its one of the most important factor in completing your studies. Don’t stress out and check it out.
E-Fundings provide the loan?
No, we have partnered with many lenders. We take out the best suited option for you from our kitty.
How much Interest rate will be charged?
It totally depend upon your Profile like GRE etc. and loan type like Secured or Unsecured etc. It will be better if we answer after assessing your profile. Get in touch with our RM to help you further.
Can I repay the loan early?
Yes, There will be some if’s and but’s because It totally depends upon from where we are sanctioning your loan. You can ask the RM in detail.
Loan will be credited to University directly or in my account?
Some lenders Credit in your account and some directly to the University. It totally depend upon the Lender we choose and it can be enquired well before processing.
Can I take loan from two different lenders?
No, but we have some international partners who work according to the case.
What is a NBFC?
Non-Banking Financial Company who have limited financial services. They provide feasible and flexible solutions to students.
I don’t have co-signer or co-borrower. Can I avail the loan?
Yes, there are some lenders who provide the loan with co-signer or co-borrower.
How much loan can I take?
You can take up to your cost of Education wiz Tuition, living etc. Different lenders have the different Maximum loan amount limit and it depends upon your profile also. For more info get in touch with our RM.