Education Loan

Today’s Investment for Tomorrow’s Success With CVR Education Loans

At CVR, Education Loans are designed to help you soar! Here’s how:

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10+
Years Experience
Expertise
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1.Undergraduate & Postgraduate Loans

Designed to cover tuition, books, and living expenses for students pursuing a bachelor’s or master’s degree.

2.Vocational & Certification Courses Loans

For short-term and long-term vocational training programs and certification courses, helping students gain practical skills, enhancing their skills and employability.

3.Study Abroad Loans

Supporting students planning to study at international institutions, covering expenses like tuition, travel, and living costs with multi-currency support. 

4.Research Fellow Loans

Catering to students involved in research projects, and providing financial support for equipment, travel, and other research-related expenses.

Realise Your Unique Potential, With Our Diverse Education Loan Options

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Tax Benefits

Avail of tax deductions under Section 80E of the Income Tax Act on the interest paid, reducing your overall tax liability.

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Moratorium Period

Enjoy a grace period typically extending until six months after graduation or securing employment, providing financial relief during your studies.

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Co-Signer Flexibility

Loans can be secured with a co-signer, which may help in obtaining better terms and approvals even with limited credit history.

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Customizable Loan Terms

Tailor repayment schedules and amounts based on your financial situation, making it easier to manage loan payments effectively.

Hop on to the driver’s seat, towards your career journey!

 With easy payment options, only starting after your course, focus on building the foundation for your career. 

With easy payment options, only starting after your course, focus on building the foundation for your career.

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Collateral-Free Options
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Pay After Course Completion
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Study Abroad Options
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Flexible Rates

Financial Crises are always around! Our goal is to deliver transparent & clear loan solutions to help you kickstart your journey to success!

Your Questions Are Now Answered with FAQs

Do I need to provide collateral for a CVR Education Loan?

We have both collateral and non-collateral loan options. This will determine the rate of interest, and loan amount sanctionable and also will be dependent on your supporting documents. CVR Education Loans does offer flexible non-collateral loans without any security assets from your side. We offer unsecured loans based on your eligibility and financial profile.

Can I prepay my education loan without any penalties?

Yes, CVR allows prepayment of loans without penalties, giving you the flexibility to repay your loan earlier if your financial situation improves.

How is the loan amount determined?

The loan amount is determined based on your course fees, living expenses, and other related costs, along with your financial profile and repayment capacity.

Can I get a loan if I am studying abroad?

Yes, CVR provides loans for students studying abroad. You will need to provide proof of admission to an international institution and meet other eligibility criteria.

Can NRI students apply for a CVR Education Loan?

Yes, NRI students are eligible to apply for a CVR Education Loan. One needs to provide a valid passport, visa, and proof of NRI status. There is a need for a co-borrower or guarantor, who must be a resident of India with a stable income and good credit history, often a close family member such as a parent or sibling. NRIs can apply for CVR Education Loans for studies in India as well as for international educational institutions.

Is a guarantor required for the loan application?

A guarantor may be required, particularly for larger loan amounts. The guarantor should have a stable income and a good credit history. You can have one or more co-signees, who an immediate family members to you.

What happens if I cannot start repayments immediately after graduation?

CVR offers a grace period that typically lasts until six months after graduation, allowing you time to secure employment before beginning repayments. This period is called the moratorium period and is designed to offer ease and flexibility to students.

Can I apply for a loan if I am already enrolled in my course?

Yes, you can apply for a CVR Education Loan even if you are already enrolled. Ensure you provide proof of your current enrollment and financial needs.

Get started by filling out this form.

Have more questions and personalised requests? Our proactive team is here to help!

Credit Cards Coming Soon!!!