Education Loan at Minimum
Interest Rate | Sova Finserv

• Education loan at a very marginal interest rate — one of the lowest available.
• Comfortable repayment tenure of up to 5 years.
• Available for studies in India as well as abroad.
• Covers tuition fees, hostel, books, equipment, and other education-related expenses.
• Quick approval process with minimal documentation.
• Can be used for school, college, university, or professional courses.
• Moratorium period available — start repaying after course completion.
• No collateral required for loans up to a certain amount.

• Indian nationality
• Age between 16 to 35 years at the time of application
• Admitted to a recognised school, college, or university in India or abroad
• Good academic record preferred
• Co-applicant (parent or guardian) required for students below 18 years

📄 Documents Required

• KYC documents — Aadhaar Card, PAN Card, Passport or Voter ID
• Admission letter / proof of enrollment from institution
• Fee structure / cost of education from the institution
• Academic records — mark sheets, certificates
• Co-applicant KYC and income proof (parent or guardian)
• Bank statements of last 6 months
• Passport-sized photographs