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Working Professionals Education Loan
Working Professionals Education Loan
i2iFunding offers education loans tailored for working professionals who wish to pursue higher studies either full-time or part-time. These loans cover various expenses such as course fees, accommodation, and miscellaneous charges, providing financial support to individuals aiming to enhance their skills and career prospects.
Documents Required
For courses within India:
  • Application Form
  • Passport-sized Photographs
  • Certificates of Academic Accomplishments
  • KYC Documents
  • Identity and Age Proof
  • Income Proof
  • Documentary Proof of Collateral Ownership
    For courses in Abroad:
  • Application Form
  • Passport-sized Photographs
  • Certificates of Academic Accomplishments
  • Scholarship Letter
  • Course Schedule and Expected Expenses
  • Identity and Age Proof
  • Proof of Admission
  • Income Proof
  • Income Tax Returns/Assessment Report
  • Documentary Proof of Collateral Ownership
  • Foreign Exchange Permit
  • Eligibility Criteria
  • Applicants must be citizens of India.
  • They must have secured admission in a recognized educational institution either through an entrance exam or a selection process.
  • There is no specific age restriction for working professionals.
  • If a co-borrower or guarantor is required, they should meet the age criteria set by i2iFunding.
  • The loan covers a wide range of courses including undergraduate, postgraduate, doctoral, vocational, and skill upgradation programs offered by accredited institutions.
  • Securing admission in an educational institution in India or abroad through an entrance exam or selection process.
  • No age restriction for working professionals, but co-borrowers or guarantors should be between 21 and 70 years old.
  • Any course that enhances employable abilities is funded.
  • Acceptable institutions include those recognized by accreditation bodies like UGC and AICTE, approved polytechnic establishments, and institutions of good national and international repute.
    Applicable Courses:
  • Undergraduate and postgraduate degrees and diplomas.
  • PhDs and doctoral programs.
  • Specialized and skill upgradation courses.
  • Vocational courses run by the government and National Skill Development Corporation.
  • Other courses such as computer certificate courses, agriculture or veterinary diplomas, engineering diplomas, nursing or teacher training courses, and aeronautics, shipping, and pilot training courses.
    Other eligibility Criterias:
  • The applicant's academic history, including previous qualifications, achievements, and curricular credits, is considered.
  • The specific course applied for must be properly accredited and offer good placement opportunities.
  • The institution where the applicant intends to study must be duly recognized, and the degrees/diplomas awarded should hold merit.
  • If the loan amount exceeds 7.5 lakh INR, the applicant's ability to offer collateral and its marketable value are evaluated.
  • Co-borrowers and Guarantors: The creditworthiness and job profiles of any co-borrowers or guarantors are examined in detail.
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    List of Benefits
  • Flexible loan amounts ranging from INR 2 lakh to 22 lakh.
  • Covers various expenses beyond tuition fees, including examination fees, hostel charges, travel expenses, etc.
  • Flexible repayment options with EMIs starting after course completion.
  • No penal charges on prepayment.
  • Customized loan products to meet individual career needs.
  • Affordable interest rates compared to personal loans.
  • Transparent and quick loan sanctioning process through peer-to-peer lending platform.
  • 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.'

    22,00,000

    Working Professionals Education Loan
    SCHOLARSHIP PROVIDER
    i2iFunding
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    All
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    i2iFunding offers education loans tailored for working professionals who wish to pursue higher studies either full-time or part-time. These loans cover various expenses such as course fees, accommodation, and miscellaneous charges, providing financial support to individuals aiming to enhance their skills and career prospects.