NBFC Loans
- Education Loans
NBFC Loans
At Lead Strategy Services, our NBFC loans offer a seamless and efficient way to fulfill your financial requirements. With no collateral needed, we provide quick and hassle-free access to funds for a variety of purposes, including higher education, personal expenses, business needs, or emergency situations.
Featuring competitive interest rates and flexible repayment options, our NBFC loans are designed to provide financial freedom while minimizing stress. We prioritize transparency and simplicity, ensuring you are guided through every step of the loan process with ease.
Our mission is to empower you to achieve your financial goals effortlessly by offering tailored solutions that match your needs and aspirations.
Education Loan Eligibility
Discover if you’re eligible for an NBFC education loan and take the first step toward achieving your academic dreams. Our eligibility criteria are designed to support students pursuing higher education, whether in India or abroad.
With no requirement to pledge property, our NBFC education loans provide seamless access to funds for tuition fees, living expenses, and other educational needs. Let us help you unlock the financial support you need, with flexible terms tailored to make your education journey stress-free and successful.
Education Loan Tax Deduction Under 80E
Leverage tax benefits under Section 80E of the Income Tax Act, 1961, when repaying your education loan. Deduct the interest portion of your EMIs from your taxable income, reducing your overall tax liability. These benefits are available for up to eight years or until the interest is fully repaid, whichever comes first.
Education Loan Interest Rates and Charges
Our NBFC education loans offer competitive interest rates with a transparent fee structure, making it easier to fund your higher education. The processing fee is 2% of the sanctioned loan amount, with minimal additional charges. Enjoy flexible repayment terms and a smooth application process, ensuring hassle-free access to the financial support you need for tuition fees, living expenses, and other educational requirements.
Documentation Required for NBFC Education Loans
- Identity Proof: Aadhaar Card, Passport, Voter ID, PAN Card, or Driving License.
- Address Proof: Aadhaar Card, Utility Bills, Rent Agreement, Property Tax Receipt, or Passport.
- Student’s Academic Documents: Admission Letter, Fee Structure, and Mark Sheets (10th, 12th, and latest).
- Income Proof (For Co-applicant/Guarantor): Salary Slips or Income Tax Returns (last 2 years).
- Bank Statements: Last 6 months of the applicant’s bank statement.
- Loan Application Form: Duly filled and signed.
- Photographs: Passport-sized photographs of the applicant and co-applicant.
- Other Documents: Any additional documents requested by the lender.
Ensure all documents are valid, up-to-date, and complete to facilitate a smooth and quick loan approval process.
Why Choose
Lead Strategy Services
At Lead Strategy Services, we offer personalized education loan solutions tailored to your unique needs. We take the time to understand your financial requirements and ensure responsible lending practices, so the loan never becomes a burden. With our transparent process, competitive rates, and dedicated support, we strive to make funding your education a seamless and stress-free experience.
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Frequently Asked Questions
An NBFC education loan is a financial product provided by Non-Banking Financial Companies (NBFCs) to students for funding their higher education. These loans cover tuition fees, living expenses, books, and other educational requirements, with flexible repayment options.
Eligibility criteria vary by lender but generally include being an Indian resident, having an admission letter from a recognized institution, and meeting age and academic qualifications. A co-applicant, such as a parent or guardian, may be required to provide income proof.
For most NBFC education loans, no collateral is required for loans up to a certain amount. However, for higher loan amounts, some NBFCs may ask for security or a guarantor.
Key documents include identity proof, address proof, academic records, co-applicant’s income proof, bank statements, and the loan application form. Additional documents may be required depending on the lender’s requirements.
Interest rates on NBFC education loans are competitive and vary depending on the lender, the loan amount, and the applicant’s profile. Rates typically range from 9% to 15%, with flexible repayment options.
Loan approval times vary, but generally, it takes 7-10 business days after submitting all required documents. Some NBFCs offer faster approval for pre-approved applicants or those with a strong credit history.
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Address
1-4,Brindavan Colony above Metro Opticals, Near Malkajgiri Bus stop, Hyderabad - 500047
Phone
+91-6281050679
Business Hours
Mon – Sat : 9:30 AM – 7:30 PM
Sun: Closed