EasyShiksha × UniCreds education loans
InCred education loan
InCred is a digital, RBI-registered NBFC offering up to 100% financing and fast, fully online approvals. Apply free through EasyShiksha and a UniCreds expert does the legwork.
UniCreds lending partner- From 11.4% p.a.*
- Up to ₹2 crore secured*
- Up to ₹75 lakh without collateral*
- NBFC
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20,000+ students have funded their studies with UniCreds
Check your InCred loan eligibility
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InCred education loan at a glance
InCred is a digital, RBI-registered NBFC offering up to 100% financing and fast, fully online approvals.
- Lender type
- NBFC
- Interest rate*
- From 11.4% p.a.
- Loan with collateral
- ₹2 crore
- Loan without collateral
- ₹75 lakh
- Processing fee
- From 1%
- Margin money
- Nil
- Repayment tenure
- Up to 15 years
- Moratorium
- 1-year grace period after the course
- Prepayment charges
- Nil
- Countries
- USA, Canada, UK, Ireland, New Zealand, Australia, Germany and more
- Apply through
- EasyShiksha × UniCreds (free)
- Typical decision
- After document check by the lender
Highlights, eligibility and documents
Highlights
- Up to 100% financing
- Tuition and on-campus housing paid to the university
- Express approval in as little as two working days
- Simple or partial interest during studies, based on your profile
- Online document upload
Who can apply
- Indian citizen, 18 or older
- Admission to a recognised university with a strong academic record
- Co-applicant (parent, sibling, spouse, relative or guardian) with steady income
Documents
Student
- Passport, PAN and Aadhaar
- Address proof
- Admission or offer letter
- Mark sheets and transcripts
- Test scores (GRE, GMAT, IELTS, TOEFL)
Co-applicant
- PAN and Aadhaar
- Salary slips or ITRs (2 – 3 years)
- Bank statements (6 months)
- Business proof if self-employed
Other
- University cost-of-attendance statement
- Scholarship letters, if any
- Property or FD papers for secured loans
Form to funding in 5 steps
100% digital, with a real person helping you the whole way.
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Share your plans
Where, what and when you want to study, and how much you need.
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Chat with an expert
A UniCreds specialist calls and explains your options.
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Upload documents
All online from home. No branch visits.
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Get the best rate
Your expert negotiates with lenders for you.
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Get sanctioned
Sanction letter in as little as 48 hours*.
InCred vs other lenders
Not sure this is the right lender? Compare starting rates and limits, or let your expert shortlist for you.
| Lender | Type | Interest (p.a.)* | With collateral | Without collateral | Processing fee |
|---|---|---|---|---|---|
ICICI Bank
|
Private bank | From 10% | ₹2 crore | ₹1 crore | 0.5% – 1% + GST |
Axis Bank
|
Private bank | From 9.5% | ₹3 crore | ₹75 lakh | 0.5% – 1% + GST |
IDFC FIRST Bank
|
Private bank | From 9% | ₹2 crore | ₹75 lakh | 0.5% – 1% |
YES Bank
|
Private bank | From 11% | ₹2 crore | ₹50 lakh | 0.5% – 1% |
Union Bank of India
|
Public sector bank | From 9.30% | ₹75 lakh | ₹40 lakh (listed universities only) | ₹5,000, refundable |
Punjab National Bank
|
Public sector bank | From 9.25% | ₹2 crore | ₹8 lakh | From 0.5% |
Credila
|
NBFC | From 9.95% | No upper limit | ₹75 lakh | 0.85% – 1% of the loan |
Avanse
|
NBFC | From 10.75% | ₹2 crore | ₹1 crore | 0.5% – 1% + GST |
|
Avanse Global
|
NBFC | From 10% | Not offered | Based on your profile | From 3.99% |
|
InCred
|
NBFC | From 11.4% | ₹2 crore | ₹75 lakh | From 1% |
Auxilo
|
NBFC | From 11.25% | ₹2 crore | ₹80 lakh | From 0.5% |
Tata Capital
|
NBFC | From 11% | ₹2 crore | ₹75 lakh | 0.5% – 1% |
Poonawalla Fincorp
|
NBFC | From 10% | ₹3 crore | ₹1 crore | From 0.75% |
Edgro
|
NBFC | From 11.5% | Not offered | ₹1 crore | From 1% |
FinZ
|
NBFC | From 10.75% | Not offered | ₹75 lakh | 0.75% – 1.25% |
Prodigy Finance
|
International lender | Variable | Not required | Based on your course and school | From 5% |
MPOWER Financing
|
International lender | From 12.99% | Not offered | Up to ₹95 lakh | Ask your loan expert |
*As published by UniCreds, Oct 2026. Final terms depend on your profile and the lender’s assessment.
InCred education loan FAQs
What is the InCred education loan interest rate?
From 11.4% p.a.*. Your final rate depends on your profile, co-applicant, course and university.
How much can I borrow from InCred without collateral?
₹75 lakh*, depending on your profile. With collateral: ₹2 crore.
What is the moratorium on a InCred education loan?
1-year grace period after the course. Repayment tenure: up to 15 years.
What is the InCred processing fee?
From 1%*. Margin money: nil.
How do I apply for a InCred education loan through EasyShiksha?
Fill in the free form on this page. A UniCreds loan expert checks your eligibility with InCred and other lenders, helps with documents and negotiates the offer for you.
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*Interest rates, sanction times, savings, loan amounts, fees and other terms are indicative, as published by UniCreds, and depend on the lender and on the student’s and co-applicant’s profile, course and country. Education loans are provided by banks and NBFCs through UniCreds Private Limited. EasyShiksha (EdSpectra Global Private Limited) refers students to UniCreds and does not lend money or guarantee any loan. Lender names and logos belong to their owners. Cost figures are approximate.