Tata Capital Provides Collateral-Free Education Loans Of Rs7.5 Mn


The flagship financial services company of the Tata Group provides secured loans of up to rs2 cr or the total cost of education, including tuition fees and living costs


Vivek Chopra, Chief Operating Officer- Retail Finance at Tata Capital

FinTech BizNews Service   

Mumbai, January 25, 2024: Tata Capital Ltd, the flagship financial services company of the Tata Group, has announced the launch of Education Loans for those seeking funding to pursue higher education in India, USA, Canada, UK, Australia, New Zealand, Germany, Singapore and Dubai (UAE).

This loan is for those who wish to pursue Undergraduate, Postgraduate, Masters programs in Science, technology, engineering & mathematics and Management and Vocational courses. Tata Capital’s Education Loans will provide students with access to collateral-free loans up to INR 75 lakhs and secured loans of up to INR 200 lakhs or the total cost of education, including tuition fees and living costs.

Tata Capital provides pre-admission sanction letters to students helping them successfully complete their application process to secure admissions. In addition to competitive interest rates, Tata Capital's Education Loans also offer students with flexible repayment options giving them ease of payment during their study period. 

Speaking about the launch of Education Loans, Vivek Chopra, Chief Operating Officer- Retail Finance at Tata Capital said, “Trust and transparency have always been the strongest pillars of our business. The comprehensive range of Education Loans go beyond conventional financial support, covering aspects from tuition fees to travel and medical. With a student-first approach, we aim to break down socio-economic barriers to higher education, ensuring that every student gets the opportunity to fulfil their academic aspirations.”  

Benefits of our education loans:

  • Easy online application process
  • No collateral up to INR 75 lacs
  • Up to 100% financing
  • Flexible repayment options

About Tata Capital Limited: Tata Capital Limited, a holistic financial services provider caters to the diverse needs of retail, corporate and institutional customers, directly or indirectly through its subsidiaries. Its range of offerings includes Consumer Finance, Advisory Services, Commercial Finance, Infrastructure Finance, Securities, Investment Banking, Private Equity Advisory, Credit Cards and Travel & Forex Services. 

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