Education and academic excellence are considered very important in India. An educational loan is a loan that helps facilitate young minds to pursue their academics further either in India or aboard by providing them with a loan amount to. This is very advantageous if the child does not have sufficient funds to pursue his/her higher education.

The student for whom the loan has been availed repays the loan when he/she completes his or her course. He or she will then be able to join a career and earn.