If you are planning to pursue higher education in India or abroad, then the Knowledge Sagar Education Loan Scheme can help you achieve your dreams. With flexible repayment options, quick approval, and coverage for tuition fees and living expenses, this loan is designed to support students who want to study in top universities in India and overseas.
Key Features of Knowledge Sagar Education Loan
- Loan Amount – Up to ₹6 Lakhs for studies in India and ₹10 Lakhs for studies abroad
- Repayment Flexibility – Moratorium of 1 year after course completion or 6 months after getting a job, whichever is earlier
- Expenses Covered – Up to 90% of tuition fees, accommodation, and other expenses
- Hassle-Free Documentation – Simplified paperwork with quick approval and disbursal
- Loan Tenure – Up to 5 years
- Secure & Reliable – Backed by RSTC Bank with transparent terms & conditions
👉 This makes it one of the best options for students looking for Low Interest Student Loan in India and Education Loan for Study Abroad.
Eligibility Criteria
To apply for the Knowledge Sagar Education Loan, applicants must fulfill the following:
- Applicant and co-applicant must be residents of Rajasthan
- Two guarantors are mandatory
- Co-applicant can be Father / Mother / Guardian
- Co-applicant may be salaried or self-employed
Required Documents
Students need to provide the following documents at the time of application:
For Applicant
- Duly filled and signed Application Form
- ID Proof & Age Proof (PAN, Passport, Driving License, Voter ID)
- Address Proof & Signature Proof (Utility Bills, Bank Statement, Passport, Driving License)
- Educational Certificates – 10th, 12th, Graduation, Diploma, etc.
- Admission Proof – Admission letter, course fee structure, duration details
- Passport Size Photographs
For Co-Applicant
- Proof of Relationship with applicant
- Valid KYC Documents (ID, Address, Signature Proof)
For Guarantors
- Basic KYC Documents and income proof
Additional Documents for Study Abroad
If you are applying for a Study Abroad Loan, you need:
- Valid Passport Copy
- English Proficiency Test Scores – TOEFL, IELTS, GRE, GMAT, SAT (if applicable)
- Admission Confirmation Letter from a foreign university
Financial Documents
For Salaried Individuals
- Last 6 months’ Salary Slips / Salary Certificate / Form 16
- Latest 6 months’ Bank Statements
For Self-Employed / Proprietorship
- Last 3 years’ ITR with certified financial statements (Balance Sheet, P&L Account)
- Latest 6 months’ Bank Statements
For Professionals (Doctors, CAs, Architects, etc.)
- Professional Degree Certificates
- Latest 3 years’ ITR with financial statements
- Latest 6 months’ Bank Statements
Why Choose Knowledge Sagar Education Loan?
✅ Easy approval with minimal documentation
✅ Affordable interest rates compared to private loans
✅ Coverage for Tuition Fees + Hostel + Other Study Expenses
✅ Designed for both Domestic & International Students
✅ Reliable banking partner with secure processing
Apply Now – Click Here
