How to Finance Your MBA: Education Loan Essentials

IDFC FIRST Bank

Pursuing MBA from a reputed institution?

Don’t worry about the funding. Education loan is here to help. Here’s a quick insight into the main aspect of the loan. 

IDFC FIRST Bank

Eligibility

Check your eligibility for the loan – age, co-borrowers, income, marksheet, etc. Ensure you meet the eligibility criteria before you apply.

IDFC FIRST Bank

Type of loan

You can choose secured and unsecured education loans. While the former requires a collateral, the latter doesn’t and is available quickly.

IDFC FIRST Bank

Documentation

Check out the set of documents required for the loan. Arrange and keep them handy so that you can submit them when applying for the loan.

IDFC FIRST Bank

Costs covered

Education loans cover most education-related costs – tuition fee, exam fee, equipment cost, travelling and lodging, etc. Know the covered costs.

IDFC FIRST Bank

Interest rates

Different lenders charge different rates. Compare these interest rates to find the best deal on the loan and save on the interest outgo.

IDFC FIRST Bank

Finance your MBA with IDFC FIRST Bank Education Loans. Get unsecured loans up to Rs.50 lakhs at attractive interest rates and quick sanctions.

IDFC FIRST Bank