Overview

Chickly offers education loans to support students in their next steps in their education in India, in paying their student tuition fees and living costs. Our goal is to make your life easier. Chickly ensures that you have complete financial support.

Why Is An Education Loan A Smart Option?

Higher education is costly, especially if you plan to study abroad. This may force parents to deplete their earnings or liquidate their assets to cover costs. In such a case, our education loans provide an easy way out. We offer complete financial solutions to ensure that a lack of funds never stands in the way of your educational goals.

Know More About Our Offerings

100% Finance

Loans of up to 100% of educational expenses are available. Our study loans are designed to cover the entire cost of education, relieving you of this burden and allowing you to focus on your studies.

Customized Loans

Your educational requirements are one-of-a-kind. As a result, we allow you to customize the Education Loan to meet your specific requirements. Tuition, hostel fees, book costs, and other educational expenses may be covered by your education loan.

Fastest Sanctions

Just a few documents must be submitted with your application to get your education loan approved.

Flexible Repayment Options

Students have the option of repaying their Education loans in a variety of ways. This could be based on the interest rate or the length of the loan. It’s that simple.

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Education Loan Repayment Process

Moratorium Period

In the case of education loans, the recipients will be able to begin repaying the loan after completing the educational course or obtaining successful employment.

Part-payment of Education Loans

Education loan recipients will be permitted to make partial payments on their loans. As an applicant, you can repay the loan in part by paying a lump sum.

Pre-payment of Education Loan

If a candidate can manage the funds to repay the loan amount, the candidate can do the same. It must be taken into account, however, that a processing fee may be charged.

Documents Required for Education Loan

Photo identity Proof

  • Copy of the student and parent's photo identity certificates. Copies of Voter ID/Passport/driving license /Aadhaar Card may also be provided

Marks Sheets & Certificates

  • Copies of mark sheets and certificates that have been attested (from 10th standard)

Admission Letter

  • As issued by the admitting School / College / Institute

Income Proof, Salary slips

  • Bank statements from the previous six months
  • Last three months & ITR of Parent/Guarantor

Other Documents

  • All necessary documents allotted by the admitting School / College / Institute including a prospectus, breakup of fees, etc.

Documents for Studying Abroad

  • Employment Contract, Entry Permit, Admission letter & I-20 Form from Foreign Institution