Secure a Loan, Get Your Degree!

Don’t let a financial crunch hold you back from pursuing higher education. Get an education loan from CASHe!

Be it the education you receive in school or the education you receive in college, having a proper education is very important. But as you progress ahead in your studies, maybe even go abroad for higher education, you require finances to fund it. This can be expensive for many and getting an education loan is the best option to help you out. Gone are the days when the thought of applying for a loan caused a wave of panic and worry. With the introduction and rise of instant loan apps, it has become so much easier to get secured and unsecured loans.

What is an Education Loan?

The primary purpose of an education loan is to equip you with adequate funds so that you can attend a college or a university of your choice and pursue an academic degree. You can get a study loan from financial institutions and NBFCs but the biggest advantage of getting an education loan from an instant loan app like CASHe is that it is quick and convenient. Based on your credit score and credit history, an interest rate will be charged on the loan amount you have applied for and once everything has been verified and approved, you will get the education loan amount. Based on the amount you apply for, the education loan will be able to help in financing the tuition fees, accommodations, meals, etc. You can borrow up to ₹4,00,000 from CASHe so you can easily secure an education loan that will take care of most expenses.

Who should opt for an Education Loan?

A study loan can be of great help to finance your higher studies, especially if you are planning to take an education loan to study abroad. The loan amount can easily cover the cost of tuition, accommodation, admission fees, etc. Apply for an education loan online when you have decided you want to pursue higher education and need the additional funds to finance your degree. Whether it is an education loan for MBBS or any other degree, securing a study loan is the right decision for you and your savings.

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Frequently Asked Questions

Have a question not mentioned here? Feel free to contact us and we will respond as soon as possible.

The eligibility criteria for availing an education loan from CASHe are:

  • You must be an Indian citizen
  • You must be at least 18 years of age
  • You should be a salaried professional
  • Your monthly salary must be ₹15,000 or more

Yes, you can avail an education loan by yourself as long as you meet CASHe’s eligibility criteria for education loans.

The education loan interest rates on CASHe are calculated on a monthly basis. Our education loan interest rate is 2.50% per month on the loan amount (equivalent to reducing the balance interest rate to 3.71% per EMI).

You can find the CASHe mobile app on the Google PlayStore and the Apple App Store.

Yes, you can repay your CASHe education loan in EMIs as per your selected loan tenure. The education loans on CASHe are offered with flexible loan tenures ranging from 90 days to 540 days.

You will need digital copies of the following documents to apply for an education loan on the CASHe app:

  • Photo identity proof (PAN card)
  • Income proof (latest salary slip)
  • Identity proof (Aadhar card)
  • Permanent address proof (accepted documents)
  • Latest bank statement showing salary credit

Education loans cover all costs related to your education, including tuition fees, cost of living, airfares, cost of books, extra-curricular activities, examination fees, etc.

At CASHe, you can avail an education loan up to a maximum limit of ₹4,00,000.

No, since education loans on CASHe are unsecured in nature, they do not require any security, collateral or guarantee.

While conventional lending agencies rely heavily on your past financial transactions to decide your creditworthiness, at CASHe, we use your Social Loan Quotient (SLQ) to determine if you are eligible for a loan. SLQ is linked to a number of data points including your mobile and social media footprint, education, monthly salary and career experience. However, having a good credit score makes it easier for you to get quick loan approval.

Yes, it is a good idea. This way, you will not be exhausting your savings to pay for your education.

Applying for an unsecured personal loan would be the best option since it is quick, easy and convenient to secure.

Any salaried individual earning at least ₹15,000 per month can get student loans.

You can secure a minimum education loan amount of ₹15,000.

It is an instant education loan so as soon as your documents are uploaded and verified (they are legible and genuine), the loan application will be approved and the borrowed amount will be disbursed to your account.

Yes, you can and it will also help improve your SLQ score.