Short-term loan for school and course fees
Late fee penalties and missed enrolment deadlines cost more than a few days' interest. Pay on time, repay on payday.
- Same-day disbursal
- Repay on payday
- No collateral
- All costs upfront
Plan your education fees loan
Move the sliders. Every cost updates live.
- Interest (1%/day)
- ₹4,000
- Processing fee + GST
- ₹2,360
- You receive in bank
- ₹17,640
- Due date
- in 20 days
How it works in real life
Suresh's daughter's term fee of ₹18,000 was due on the 10th, and the school charges a ₹5,000 re-admission fee after that. His salary comes on the 15th. He borrowed for 6 days; the loan's total cost was well under the re-admission fee.
Borrow smart: our advice
- Compare the penalty with the loan's total cost, including the processing fee. Borrow only if the penalty is bigger.
- For multi-year courses, an education loan from a bank is the better product.
- Keep fee receipts. They help with tax deductions under Section 80C for school tuition.
Four steps to funds
- Step 1
Confirm your number
A one-time code checks it’s really you. Then add your salary and employer name.
~1 min - Step 2
Prove it’s you, digitally
Aadhaar eKYC, a quick live selfie, and three months of salary credits shared through Account Aggregator.
~3 min - Step 3
Read the KFS, then sign
Your Key Fact Statement lists the rupee cost, APR and due date. Happy with it? E-sign in one tap.
Decision ~10 min - Step 4
Funds land, payday settles it
The lender pays into your salary account. On payday, one UPI payment or auto-debit closes the loan.
Same day
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