Following are the features and benefits of the Loan scheme options offered by Student cover:-
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Options for three Banks
We have loan scheme options for three banks for which we can apply loan, after the application student can select the option where student is getting the best deal in terms of loan amount and rate of interest.
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Unsecured Loan for upto 35L
We offer both type of loans i.e. secured and unsecured loan. In case of unsecured loan the amount can reach upto 35 lacs wherein no property is required to be given as mortgage.
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Door step Service
Student does not have to go anywhere physically to apply for the loan as through door step service all documents would be collected by the team from the students place.
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Speedy Loan sanction process
The loan sanction process is carried out in 3-4 days maximum so that can have the loan amount in hand to carry out his/her further admission steps.
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Cover for Living Expenses
The loan scheme options offer loan amount not only for the tuition expenses but for the living expenses as well. Student can take the combined loan irrespective of the amount of tuition fees written in I20.
Other benefits: –
- One point of contact
- Hassle free services
- 90% chance of loan sanction
- Negotiated rate of interest
- Option to repay from US
- No margin money