Private BankIndia & Abroad
ICICI
Comprehensive loan solutions covering full cost of education without margin money for premier institutes.
52Match
Overall Score
Interest Rate
9.5% - 12%
Per annum
Max Amount
₹2.0 Cr
Subject to eligibility
Moratorium
6 Months
Course duration + grace
Processing
1%
Capped at ₹20k
Advantages & Benefits
- Fast approval and disbursement
- Less stringent documentation
- Better customer service
Special Features
Gov. Subsidy
Female Concession
80E Tax Benefit
Limitations
- Higher interest rates compared to PSUs
- Strict penalty on missed EMIs
Hidden Gotchas
- Foreclosure charges (sometimes 2-4%)
- High insurance premium added to loan amount
Fine Print & Hidden Clauses
No fine print data available for this lender.
Detailed Specifications
Margin Money0%
Collateral RequiredNo (Collateral-Free Available)
DocumentationEasy
Avg. Processing Time8 Days
Prepayment ChargesNil
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