Acquiring new degrees to further your career can be an expensive venture, which can be made easy with the help of a Propelld Education Loan. The loan, available on Bajaj Markets, can help you get up to ₹20 Lakhs at interest rates starting from 11.50% p.a. You can repay this collateral-free loan easily over tenures of up to 10 years with an automated EMI payment facility. Furthermore, you can also choose to pay lower EMIs during the moratorium period or utilise the study now and pay later facility, as per your convenience.

The Propelld Education Loan interest rates and charges are as provided in the following table:

Make sure to fulfil the following Propelld Education Loan eligibility criteria prior to applying:

• You credit history should not have any ‘written-off’ loans/credits 

• Your overdue amount should not be over ₹2000

• You should not have more than 60 Days Past Due (DPD) in the last 12 months

In addition to this, keep the following documents handy at the time of application:

• Admission letter and fee structure

• KYC documents of your parents (if you are a minor) and you

• Bank statement of the last 6 months (of salary credit account, if salaried)

• ITR filings of the last 2 years

Follow these easy steps to apply for this education loan on Bajaj Markets:

• Click on the ‘Apply Now’ option on this page

• Enter your personal and course-related information as requested

• Select ‘Propelld’ from the list of lenders

• Choose the loan amount required and the preferred tenure

• Click on ‘Submit’

After this, a representative will reach out to you for further proceedings.