Financial Constraints Standing In The Way Of Career Goals? Check Out This Personal Loan For Education

Your child got into the first choice of college, but is the hefty price tag difficult to deal with? If you are thinking about how you will manage that amount of money, you need not worry anymore as there are lots of ways to find a source of funds to pay for your child’s education. 

As we all know, quality education is a must to develop something new rather than relying on innovations done in the past. It imparts the ability to think, apply it to the world and live independently with confidence. However, the cost of education is increasing rapidly, and in fact, the cost of studying at reputed institutions is also escalating. Keeping this in mind, education loans have made the pursuit of academic courses easier without burdening you with liabilities. 

The process of education loan application varies from different financial institutions, including banks and NBFCs. One of the pioneers in providing funds without any hassle, Clix Capital, provides education loans with minimal documentation and smooth application process. 

With Clix Capital, you can let your child pursue higher studies without thinking much about finances as the NBFC takes care of it all. Further, Complex admission procedures and rising costs need quick, simple and customized solutions; hence, the lender offers quick approvals and customized repayment plans. 

Here are the steps for you to secure an instant education loan from Clix Capital:

Meet the eligibility criteria

The first step to take an education loan is to be eligible. If you’re a salaried individual over the age of 25 years and under 58 earning a minimum income of Rs 25,000 with a total professional experience of at least 12 months, you are eligible for student loans for college to support your child’s career goals. 

Fill the application form 

In case of any loan and not just higher education loan, you have to first fill in the application form mentioning contact details and accurate information pertaining to academics. You can easily fill the application form at Clix Capital as it only takes 3 minutes to complete.

Discussion with a customer representative

Once you’ve filled in the form, there is a round of discussion with a customer representative of the lending institution. Hence, you are supposed to answer various questions relating to your child’s academic performance, course selected, and institute etc. 

Provide supporting documents

Student loans for college require documents relating to admissions such as identity proof, address proof, income proof, among others. It is mandatory even before the lender considers the loan application. The NBFC or bank will verify the enrollment from the concerned college. Once you’ve provided the documents, Clix Capital ensures disbursal of funds for higher education without any collateral requirement.  

Disbursal of funds

Once the formalities are completed, and additional documents are provided, the lender disburses the loan with customised EMI and down payment options for you to avail quick education loans for your young one. 

In current times, the leading digital NBFC, Clix Capital has made it easy to avail an education loan with online applications, no collateral requirement and hassle-free processes. The personal loan for education comes with easy and quick approvals, so you don't have to compromise on your kid’s education or career goals. The financial institution understands that education is not a privilege and a right for each student, thereby providing an education loan to secure the highest level of learning to have a successful career.