How to Apply for an Education Loan
Education Loans – Compare and Apply with Antworks Money
Why apply for an Education Loan with Antworks Money?
Here, at Antworks Money, we help you fund your child’s higher education with the right loan products. With an extensive network of lenders, you get access to the best education loans in India.
Here are a few reasons to go with Antworks Money:
- Quick and Simple Application Process
With Antworks Money, you don’t have to approach the lender. Instead, the lender reaches out to you. All you have to do is fill in a simple application process, specifying a few essential details and your loan requirements. Simple, hassle-free and above all quick.
- Compare and Choose
With Antworks Money, you get access to an extensive network of lenders like banks and NBFCs, who offer higher education loan. You can compare interest rates, processing fees and other terms offered by lenders, thereby helping you make an informed decision.
- Minimal Paperwork
We don’t complicate the process with tons of paperwork. The application process is online and to start it, all you have to do is provide a few KYC details. Once you choose the lender, you may have to submit additional documents as required by the bank/NBFC.
- Best Interest Rates
Since we have an extensive array of lenders registered on our portal; they compete with each other to provide you with the best interest rates on the market. Even a slight decrease in interest rates could end up reducing your EMI burden significantly.
- Excellent Customer Support
Need help checking your eligibility or submitting your loan application? Worry not, our financial experts are just a phone call away and are ready to provide you with the best assistance 24 x 7.
How to Apply for an Education Loan with Antworks Money?
- Step 1 – Click here to fill the loan application form. All you have to do is specify a few details about the applicant (student), co-applicant (parent or guardian) and specify the required loan amount.
- Step 2 – You get a list of lenders along with the interest rates offered by them for student education loan.
- Step 3 – Compare the features, terms and interest rates offered by each lender and choose the right one that matches your requirements.
- Step 4 – Click on the “Apply” button on the lender’s page.
Once you do this, your information is sent to the lender and the loan representatives of that particular bank/NBFC get in touch with you to discuss your loan requirements. Additionally, you receive regular updates about your loan application process from Antworks Money via your preferred communication channels like email or SMS.
Documents Required
Once your lender sanctions your Education Loan, you’ll have to provide the following documents to complete the loan process.
- Academic – Admission letter from the institute along with Fee details. Mark sheets for 10th, 12th and graduation (if applicable).
- KYC Documents (for both applicant and co-applicant) – Age proof, ID proof, Address proof
- Income Documents (for co-applicant)
- Salaried – Salary slips, bank statement
- Self-employed – ITR, audited balance sheet, bank statement, proof of turnover
While these are the general document list, the actual documents may vary depending on your lender.
Apply for an Education Loan with Antworks Money & Secure your Child’s Future
