Tata Capital Ltd, the flagship financial services company of the Tata Group, has announced the launch of Education Loans for those seeking funding to pursue higher education in India, USA, Canada, UK, Australia, New Zealand, Germany, Singapore and Dubai (UAE).
This loan is for those who wish to pursue Undergraduate, Postgraduate, Masters programs in Science, technology, engineering & mathematics and Management and Vocational courses. Tata Capital's Education Loans will provide students with access to collateral-free loans up to INR 75 lakhs and secured loans of up to INR 200 lakhs or the total cost of education, including tuition fees and living costs.
Tata Capital provides pre-admission sanction letters to students helping them successfully complete their application process to secure admissions. In addition to competitive interest rates, Tata Capital's Education Loans also offer students with flexible repayment options giving them ease of payment during their study period.
Speaking about the launch of Education Loans, Vivek Chopra, Chief Operating Officer- Retail Finance at Tata Capital said, "Trust and transparency have always been the strongest pillars of our business. The comprehensive range of Education Loans go beyond conventional financial support, covering aspects from tuition fees to travel and medical. With a student-first approach, we aim to break down socio-economic barriers to higher education, ensuring that every student gets the opportunity to fulfil their academic aspirations."