NBFC
Incred Education Loan
InCred is an NBFC known for unsecured education loans at competitive amounts. They focus on employability of the course and profile of the student rather than collateral.
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Interest Rates & Limits
At a glance
Secured Rate
Not offered
—
Unsecured Rate
11.0 - 14.0 %
Up to ₹ 1,00,00,000 MAX
Loan Details
What to expect
Collateral Required
Not required — fully unsecured.
Loan Tenure
Up to 10 years.
Moratorium Period
Course duration + 6 months.
Processing Fee
1%–2% of loan amount (approximate).
Best Suited For
Students who cannot offer collateral and need an unsecured loan up to ₹1 Cr.
Important: Rates and terms shown are indicative based on our lending partnerships as of 2025–26. Actual rate, amount, and eligibility depend on your profile and are subject to lender assessment. Always confirm directly with Incred or through our counsellors before applying.
Documents Needed
What you'll typically need
- Confirmed admission letter from your university.
- Academic transcripts — 10th, 12th, and graduation.
- GRE / GMAT / IELTS / TOEFL scores (if applicable).
- KYC documents of student and co-applicant (Aadhaar, PAN, Passport).
- Co-applicant income proof — salary slips / ITR / bank statements.
- University fee structure and cost of attendance breakdown.
Country-Wise Rates
Rates by destination country
Rates and limits vary by country. Click a country for full details.
Rates are indicative as of 2025–26. Confirm with the lender before applying.
Ready to apply through Incred?
We'll check your eligibility, negotiate the rate, and walk you through the paperwork — so you focus on your degree, not the bank.
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