Our annual fee financing solution provides loan to parents and students on annual basis with easy monthly installments designed in a way to make it easier for the borrowers to repay.

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Benefits Of Annual Fee Financing

Quick Disbursement

With our state of the art system we strive to complete the disbursement of loan in less than 10 days

Easy Documentation

The documentation process is fairly simple and basic documents are needed for sanction of loan

Online Application

The Candidates can apply for loan online using the tools provided by our technology partners.

Live Track

The college gets a live tracking on status of the loan application for all candidates.

Benefits For Parents

Minimal Paper Work

0% Interest Loans

Approval In Minutes

No Prepayment Charges

EMI

Repay In Easy Monthly Installments

Why Choose Education Loan

We ensure 100% transparency throughout the education loan process. Our education loan counsellors will stay by your side at every step of the whole process.

Transparency
Secure
Technology

Flexible Collateral
Support
Tax benefits

Partner Colleges

Rayat Bahra Hoshiarpur Campus

Bahra University, Shimla

Rayat Bahra University

GNA University

D.A.V. Institute of Physiotherapy & Rehabilitation

D.A.V College, Jalandhar

DAVIET, Jalandhar

Our Lending Partners

Agile Finserv

Avanse Financial Services

Global Financial Services

Exclusive Leasing & Finance

EZ Capital

PHF Leasing

We Pay India

Paisa Online

MPower Financing

FAQ

1. What all documents are required for the approval of loan via EmpowerYouth?

The following documents will be required to submit for loan approval.
- AADHAR CARD
- PAN CARD (mandatory in certain Banks/NBFC's)
- PHOTO
- PASSPORT
- 10TH to Last Qualification
- COLLEGE ADMISSION LETTER
- ENTRANCE EXAM SCORE CARD (if any)
- IELTS SCORE CARD
- OFFER LETTER (mandatory in certain Banks/NBFC's)
- MOBILE NUMBER
- EMAIL ID
2. Is the loan available for abroad studies too?

Yes. The loan is available for both India and abroad.
3. When do we have to start to repay the loan?

Direct EMI starts next month from the date of sanctioning of loan
or Moratorium period (simple interest is charged on the amount disbursed)
4. What all expenses will be covered in the loan?

The following expenses will be covered depending upon the terms of Banks/NBFC:-
Fee payable at college/ school/ hostel
Examination/ library/ laboratory fee
Travel expenses/ passage money for studies overseas
Insurance premium for student borrower
Caution deposit, building fund/ refundable deposit supported by institution bills/ receipts
Purchase of books/ equipment/ uniforms/ instruments
Purchase of computer at reasonable cost if required for completion of the course
Any other expense required to complete the course like study tour, project work, thesis.
5. Is there any collateral required to secure the loan?

The collateral for security will depend from case to case. We will study your case and inform accordingly.