Propelld Domestic Education Loan 2025
Propelld Domestic Education Loan 2025
The Propelld Domestic Education Loan Programme 2025 is a initiative by Propelld aimed at providing financial assistance to students pursuing higher education in India. This program offers education loans of up to INR 10 lakh to deserving undergraduate and postgraduate students. The loan is designed to help students meet their academic expenses, ensuring that financial constraints do not hinder their educational aspirations. With flexible repayment options and a competitive interest rate, the Propelld Domestic Education Loan Programme enables students to focus on their studies while securing their future.
Documents Required
  • KYC Documents (PAN & Aadhaar of Applicant & Co-applicant)
  • Income Proof (Salary Slips/ITR/Bank Statements/Income Certificate)
  • Class 10, Class 12, and Bachelor's Marksheet (as applicable)
  • Parent’s Profession Proof
  • Proof of Admission & Fee Structure for UG/PG Program
  • Any other case-specific documents as required
  • Eligibility Criteria
  • The applicant must be studying in or applying for an undergraduate or postgraduate program in India for the academic year 2023-24.
  • The applicant must have secured a minimum of 60% marks in Class 10, Class 12, and Bachelor's degree (if applicable).
  • The student must be enrolled in a university or college accredited by NAAC or ranked in NIRF, Times, or India Today.
  • The parent or guardian responsible for repaying the loan must be between 21 and 60 years of age at the time of loan maturity.
  • The applicant or co-applicant (parent/student) must have a good credit history or be classified as a New-To-Credit applicant.
  • The applicant and their family must be permanent residents of India.
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    List of Benefits
  • Loan amount ranging from INR 50,000 to INR 10 lakh for undergraduate students.
  • Loan amount ranging from INR 1.5 lakh to INR 10 lakh for postgraduate students.
  • Interest rate between 12-18% (average 14%) with a tenure of 6 to 84 months.
  • Immediate repayment starts from the next month after disbursal.
  • Moratorium loans available for final-year and pre-final-year students in BSc/BTech (CS, IT, Electronics) on a case-to-case basis.
  • Long-term non-moratorium loans provided for third and fourth-year UG students and all PG students.
  • How To Apply
    Follow the below steps to apply for the program:
    1. Visit Our Official Website.
    2. Read carefully all the information about the program details.
    3. Click on the "Register" to complete the registration with required details.
    4. After successful registration, Use the received credentials to log into your account.
    5. Once logged in, Click on the "Apply" button.
    6. You will be directed to the application form. Fill in all the required details accurately.
    7. Prepare the necessary documents as specified in the application requirements.
    8. Upload these documents in the designated sections of the application form.
    9. Before submitting, review all the information you have provided.
    10. After that, Click on the "Submit” button to submit your application.
    Note: "As a free user,"
    →'You're encouraged to share this valuable information with your friends to access the link properly'.

    10,00,000

    Propelld Domestic Education Loan 2025
    SCHOLARSHIP PROVIDER
    Propelld
    APPLICATION DEADLINE
    10 April
    EDUCATION LEVEL
    Engineering
    Bachelors
    Masters
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    The Propelld Domestic Education Loan Programme 2025 is a initiative by Propelld aimed at providing financial assistance to students pursuing higher education in India. This program offers education loans of up to INR 10 lakh to deserving undergraduate and postgraduate students. The loan is designed to help students meet their academic expenses, ensuring that financial constraints do not hinder their educational aspirations. With flexible repayment options and a competitive interest rate, the Propelld Domestic Education Loan Programme enables students to focus on their studies while securing their future.