IndusInd Bank Education Loan

The IndusInd Bank Education Loan is a bank loan product that provides financing for higher studies abroad. It offers loan amounts up to ₹50,00,000 and can cover tuition fees and various education-related expenses such as travel, equipment and examination costs. The loan includes a moratorium period of course duration plus one year and a repayment tenor of up to 15 years. Collateral and co-applicant requirements apply depending on loan size.

Loan amount up to ₹50,00,000; covers tuition and other education-related expenses; moratorium period = course duration + 1 year; repayment up to 15 years.

The candidate needs to be an Indian national, have completed 10+2 or equivalent and be admitted to a recognized institution abroad. Salaried applicants: age 21 to 60, minimum net income INR 25,000, minimum two years' work experience including one year at current employer. Self-employed applicants: age 25 to 60, minimum annual net income INR 4.8 lakhs and minimum four years post-qualification.

Submit a completed loan application form with required documents via a bank branch or through a WeMakeScholars financial officer as described; provide applicant and co-applicant identity, academic and income documents and collateral where applicable.