An education loan is a type of credit used to fund future education expenses for a student. The education loan covers multiple aspects of higher education, such as books, course fees, living expenses, and more. Almost all banks and financial institutions offer education loans to students.

To apply for an education loan via Airtel Flexi Credit, simply use the Airtel Thanks App. Apply for a personal loan from the app by going to the Shop tab, selecting Airtel Finance, choosing Airtel Flexi Credit, and completing the application form.

The eligibility criteria for an education loan can vary from one bank to another. At Airtel Flexi Credit, there are no fixed criteria, to get your personal loan from various banks. Just provide the correct information and your loan will be approved instantly.

To get a loan for education from Airtel Flexi Credit, here are the documents that will be required: PAN card details, Aadhaar card details, KYC documents, bank statement, salary slips, and a selfie of the applicant as proof.

All the courses will be covered when you apply for a loan from Airtel Flexi Credit.

The RBI moratorium on loans due to the COVID-19 pandemic for education loans is not applicable anymore.

With Airtel Flexi Credit, you can apply for a maximum loan amount of ₹9 lakhs.

The interest rate for an Airtel Flexi Credit personal loan starts at just 12% p.a.

The loan application process can be completed instantly with Airtel Flexi Credit. Once you have filled out the application form, your loan will be approved instantly.

Yes, you can get an education loan without offering collateral by using Airtel Flexi Credit.

Yes, use the Airtel Thanks app to track the status of your loan application.

There are no hidden fees or charges associated when you apply for a loan from Airtel Flexi Credit. You will be charged a tiny amount as a processing fee for the loan, which will amount to 2 to 5% of the loan plus GST.

You can pay back your loan from Airtel Flexi Credit with easy EMIs.

Yes, you can also choose to prepay the education loan. There might be penalties for prepayment of the loan, so get in touch with your bank for more clarity.

If you miss out on a loan payment, then it will affect your credit score negatively and you will also have to pay a fine. So, make sure to repay your EMI amount on time.

Yes, education loans usually offer you the chance to defer repayment while you are still studying.

Education loans usually have a grace period after graduation before repayment begins.

Yes, the education loans cover expenses beyond tuition fees, such as accommodation and books.

If you apply for a loan from Airtel Flexi Credit, the minimum tenure for the loan is 3 months, and the maximum tenure is 60 months.

Yes, education loans are eligible for tax benefits. If you have taken an education loan, then the loan repayment EMI can be deducted under Section 80E of the Income Tax Act, 1961.

Applicants can always apply for an education loan, no matter where they want to pursue their education.

Use the Airtel Thanks app for managing your education loan account and payments.

For any issues or queries, go to the Help section of the Airtel Thanks app. You can also reach out to the bank or credit lender for help with your education loan.