- Talk to an Advisor:
- +91 93537 92365
- +91 6300548051
Many students don’t have a credit history. If a co-applicant (parent/guardian) also has a low credit score, the loan may be rejected.
Student loans often require a co-applicant. If their income is low or unstable, lenders may not approve the loan.
Some lenders consider academic performance. Low grades or unclear study plans can affect approval.
If the college or course is not approved or recognized by the lender, your application may be declined.
For higher loan amounts, lenders may ask for collateral. Lack of proper security can lead to rejection.
Missing documents like admission letter, fee structure, or KYC documents can result in rejection.
If your family already has multiple loans or liabilities, lenders may see it as risky.
Courses with low job prospects may reduce your chances of approval.
Some students may not meet the minimum age or eligibility requirements set by the lender.
Incorrect details or mismatched information can lead to immediate rejection.
Usually no. Most student loans require a parent or guardian as a co-applicant.
There is no strict rule for students, but the co-applicant should ideally have a score above 700.
Yes, many banks offer unsecured loans for smaller amounts or for reputed institutions.
Yes, good academic records can improve your chances of approval.
Admission letter, fee structure, ID proof, address proof, income proof of co-applicant, and bank statements.
Yes, most banks and NBFCs offer loans for international education.
You can fix the issues (like improving documents or choosing a co-applicant with better credit) and reapply.
No, lenders usually approve loans for recognized and career-oriented courses.
It typically takes 7–15 days, depending on the lender and documentation.
Yes, but it’s better to improve your profile before reapplying.
