Every year, more than 30% of our students avail education loans to realise their dream of pursuing higher education & achieve their career goals.

All Nationalized & Private Banks provide both Collateralized & Non- Collateral based education loans subject to the credit score of the applicant. Last year below banks had extended education loans to our students:

  • State Bank of India
  • Andhra Bank
  • Syndicate Bank
  • Canara Bank
  • Andhra Pradesh Grameena Vikas Bank
  • AP Mahesh Cooperative Bank
  • Axis Bank
  • IDBI Bank
  • Avanse Financial Institution
  • HDFC Credila

Education Loan Features:

  • Non Collateralized Loans: Loan upto Rs. 7.5 Lacs with Parent/ Guardian as a co-borrower. No 3rd party guarantee is required

  • Collateralized Loans: If the Loan amount is above INR 7.5 Lacs with Parent/ Guardian as a co-borrower. Collateral security will be required.

Repayment of interest & principle over a period of 15 years after the completion of the course with 0-12 months of moratorium on EMI payment post course completion.

To make your loan application experience easier, we recommend process your application through VidyaLakshmi portal. https://www.vidyalakshmi.co.in/Students/

Important Note:

Please note that Woxsen does not have any arrangement or tie up with any financial institution & education loans are granted as a standard product by every bank strictly basis the credit score of the applicant. We are providing all the possible options available with multiple financial institutions & banks who give collateralized & even non collateralized education loans for the benefit of students.