{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.indusind.com\/iblogs\/categories\/manage-your-finance\/instant-personal-loan-for-education\/#BlogPosting","mainEntityOfPage":"https:\/\/www.indusind.com\/iblogs\/categories\/manage-your-finance\/instant-personal-loan-for-education\/","headline":"Instant Personal Loan for Education","name":"Instant Personal Loan for Education","description":"Do you plan on pursuing higher education? Are you confused about whether to take an education loan or a personal loan? If yes, then you\u2019re at just the right place. Pursuing higher education requires a big financial commitment and there are various miscellaneous expenses that are not covered under the education loan. Moreover, the margin...","datePublished":"2023-02-20","dateModified":"2023-05-10","author":{"@type":"Person","@id":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/#Person","name":"IndusInd Bank","url":"https:\/\/www.indusind.com\/iblogs\/author\/indusind\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8169561f34fb61e737060f1a537a86e2?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"IndusInd","logo":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/logo-2.png","width":201,"height":86}},"image":{"@type":"ImageObject","@id":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/education-loan.jpg","url":"https:\/\/www.indusind.com\/iblogs\/wp-content\/uploads\/education-loan.jpg","height":400,"width":1060},"url":"https:\/\/www.indusind.com\/iblogs\/categories\/manage-your-finance\/instant-personal-loan-for-education\/","about":["Manage your Finance"],"wordCount":1101,"keywords":["Instant Personal Loan for Education","Personal loan","Personal Loan for Education"],"articleBody":"Do you plan on pursuing higher education? Are you confused about whether to take an education loan or a personal loan? If yes, then you\u2019re at just the right place. Pursuing higher education requires a big financial commitment and there are various miscellaneous expenses that are not covered under the education loan. Moreover, the margin of self-funding and the requirement of collateral in an education loan are one of the biggest factors affecting its accessibility.A personal loan, on the other hand, is a smart choice as it comes with no usage restrictions and can easily cater to all your higher education requirements.IndusInd Bank Personal Loan is one such unique offering that comes with unmatched degree of flexibility to serve all your higher education needs.Let\u2019s take a few instances where an IndusInd Bank Personal Loan has an edge over the education Loan.IndusInd Bank Personal Loan vs Education Loan for Higher Studies1. AccommodationWhen it comes to pursuing higher education, there might come a challenge wherein you need to relocate and settle away from home. With IndusInd Bank Personal Loan, you can easily manage your accommodation expenses which are not covered under the education loan.2. Study MaterialApart from the tuition fee, you might need additional supplemental guides to ace your examinations. For such miscellaneous expenses, an education loan does not offer any coverage. On the other hand, you can use IndusInd Bank Personal Loan for education for almost anything and everything.3. Living ExpensesAnother big challenge that comes when you\u2019re pursuing higher education away from home is of living expenses. From groceries to utility bills, no such expenses are covered under the education loan. However, if you take an IndusInd Bank Personal Loan, you are in charge of how and where you wish to spend your money.4. Visa and FlightsStudying abroad is a dream of many of us, but apart from hefty international tuition fees, flight tickets and visa fees alone are just enough to make a hole in your pocket. Therefore, for all such expenses, you can always use an IndusInd Bank Personal Loan and travel abroad without any hassle.5. Emergency FundGiven the uncertain nature of life, during your higher studies, you might land in a situation wherein you need emergency funds instantly. For all such dire situations, you can always count on an IndusInd Bank Personal Loan to have your back.As you now know why picking an IndusInd Bank Personal Loan over Education Loan is a wiser choice, let\u2019s know more about IndusInd Bank Personal Loan.Features of IndusInd Bank Personal Loan100% digital application processInstant approvalQuick disbursalNo collateral or guarantor requirementZero processing fee*Best-in-class interest rateLoan amount ranging from \u20b930,000 to \u20b95 lakhFlexible repayment tenure ranging from 12 to 48 months*Limited period offerSeems perfect, right? Now, let\u2019s get to know how you can apply for it and get your money instantly.Apply Online for IndusInd Bank Personal LoanApplying for an IndusInd Bank Personal Loan is a simple 4-step process mentioned below.Visit the IndusInd Bank Personal Loan pageClick on the \u2018Apply Now\u2019 buttonEnter personal details and loan requirementCheck your loan offer, complete Video KYC and digitally sign the loan contractAs soon as you\u2019re done with the online application, funds will be quickly disbursed into your bank account for use.Bonus TipKeep your PAN card and AADHAAR number handy before starting the online application. And most importantly, before signing the loan contract, please read all the associated terms & conditions thoroughly.Apply for a Personal Loan todayDisclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct\/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.Share This:"}