Top Offers for School Fee Loan

LoanTap offers customised personal loans that are suitable for paying school fees.

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School Fee Loan - EMI Free

This school fee loan is suitable to pay annual school or college fees ranging between INR 1,00,000 to INR 3,00,000. You can enjoy low monthly instalments consisting of only interest along with bullet Payments towards the principal outstanding every 3/6 months. This offer is Ideal when you receive additional income from other sources or incentives every 3/6 months. This way you can have a reduced EMI outgo every month and make lump sum payments towards the Principal outstanding every 3/6 months.

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School Fee Term Loan

This is suitable to pay quarterly or half yearly school fees ranging from INR 50,000 to INR 1,50,000. Payback your School fee loan in Fixed Equated Monthly installments where interest is recalculated on the fresh principal outstanding every month.

This offer is best suited for you if you are aware of the exact loan amount and tenure and your income is constant. This will help spread out the involved expenses consistently over the entire tenure.

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School Fee Loan - Step Up

This School fee Loan is suitable to pay half yearly school/college fees ranging between the bracket of INR 75,000 to INR 2,00,000. Enjoy interest only payments for the first 3 months followed by fixed monthly installments for the remaining tenure.

This loan for school fee offer is suitable for you if you have more lined up expenses in the initial months and will be fueled with liquidity in the near 3-4 months. This way you can have low EMIs in the initial months followed by fixed EMIs for the remaining tenure.

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Why take LoanTap’s School Fee Loan?

Most Educational institutes demand payment of school fees on a quarterly or half yearly basis. Along with the school fees comes the expenses of books, canteen fees, uniforms, coaching fees and so on. This can get very straining on the pockets especially when you have your monthly expenses and fixed obligations lined up. With LoanTap’s School Fee Loan you can meet the academic requirements of your children without straining your pockets! Avail Upto INR 10 lakhs in less than 24 hours!

Instant Approval & Disbursal

Avail school fee loan with a simple online process in less than 24 hours

Flexible Repayments

Choose how you want to repay your School Fee Loan from a variety of monthly instalment options

Minimum Documentation

You can get a School Fee Loan with basic minimum documents

Transparent Process

Our Personal loan for school fees comes with No hidden/pre-closure charges

Eligibility criteria for availing a School Fee Loan

If you are looking forward to availing a loan for school fees, you must qualify under the below mentioned eligibility criteria

  1. Individuals with a minimum income of INR 30,000 can apply for a School Fee Loan
  2. Indian Citizen/Residents who are 21 years & above
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Basic Documents required for availing Loan for School fees

If you are looking forward to availing a loan for school fees, you must qualify under the below mentioned eligibility criteria

  1. PAN Card
  2. Salary Slips (last 3 months)
  3. Salary Account Bank Statement (3/6 months)
  4. Address Proof (If differs from permanent address)
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How we provide Loans for School Fees in 24-36 hours

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Online Application

Apply for your School fee Loan and upload the required documents

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Record your time for Representative visit

Download documents as per checklist, sign and handover to our representative

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KYC & Fund Transfer

We check documents, verify them and activate instant disbursal for your School Fee Loan

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LoanTap offers Personal Loans for amounts of Rs. 25K - 10L for tenures ranging from 3 Months - 5 Years.
We charge a Processing Fee of only 2% (+ taxes). Our interest rates range from 18% to 30% p.a., based on the type of loan, customer profile, and other related factors.

Example:
On a personal loan of Rs. 1 lakh at a rate of 18% per annum, for a tenure of 36 months, the EMI amount will be Rs. 3,615

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