Introduction
Are you planning to apply for an education loan but worried about whether you’ll get approved? Banks and NBFCs in India follow strict eligibility rules, and many applications are rejected due to low CIBIL score, missing documents, or incorrect loan matching.
That’s why at Shivafinz, we offer a Free Education Loan Eligibility Check – helping students and parents understand their chances before applying, and guiding them to the right bank or NBFC.
Why is Eligibility Check Important Before Applying?
Applying blindly for multiple education loans can hurt your CIBIL score and reduce chances of approval. With a proper eligibility check, you can:
- ✅ Know your chances of approval before applying
- 📊 Understand the required CIBIL score for different loan types
- 🏦 Find the right bank or NBFC that matches your profile
- 📂 Identify missing or incomplete documents
- ⏳ Save time & avoid rejection
Factors That Decide Education Loan Eligibility
- CIBIL Score & Credit History
- A score above 700 increases chances.
- Co-applicant’s (usually parent/guardian) score is equally important.
- Applicant’s Admission & Institute
- Loan approval is higher for recognized universities/colleges in India & abroad.
- Collateral vs Non-Collateral
- Study in India – Banks may allow without collateral up to ₹7.5 Lakhs.
- Study Abroad – Higher amounts often require collateral security.
- Income of Co-applicant
- Banks need assurance that someone can repay until the student starts earning.
- Past Loan History
- Existing debts or defaults may impact eligibility.
How Shivafinz Helps with Free Eligibility Check
At Shivafinz, we don’t just tell you “eligible or not”—we provide a full financial roadmap:
- 📊 Free CIBIL & Eligibility Analysis
- 📝 Personalized counseling on loan options
- 📂 Document readiness check
- 🏦 Match with right bank/NBFC for maximum approval chance
- 🔑 Support in CIBIL repair if needed
Why Choose Shivafinz?
✔️ Free initial eligibility check – no hidden charges
✔️ 10+ partner banks and NBFCs for better approval chances
✔️ Expert counseling for both India & Abroad Education Loans
✔️ Refundable counseling fee if CIBIL enhancement doesn’t happen within 180 days
Final Thoughts
Getting an education loan in India doesn’t have to be stressful. Instead of facing rejection, start with a Free Eligibility Check with Shivafinz. We’ll analyze your CIBIL, documents, and financial background to connect you with the right bank—ensuring smooth approval and disbursal.
📩 Contact Shivafinz today for your Free Education Loan Eligibility Check.