Social Prachar has partnered with a student loan provider who can provide loans to Social Prachars’ students. You may be able to avail of a student loan if you meet the conditions set by the loan provider. The loan providers that we have currently partnered with are:
Student Loan Details
| Max. Loan Amount Available | | |
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Note:
- The above EMI’s are indicative. The EMI’s offered by each of the loan providers might vary from the above figures, depending upon tenure and loan amount to be disbursed.
- Other EMI tenures available (Months):
Propelld: 6/12/18/24/30/36/42/48
How to apply for a student loan?
STEP 1: You must complete the
- The application process for the programme
- Pay the application fee or booking amount (as appropriate for the programme)
- Receive an email from the educational institution confirming your selection for the programme
STEP 2: You must complete the loan application form available at the below-mentioned URLs
If you need assistance in filling out the loan application form please email Social Prachar at admin@socialprachar.com
STEP 3: An agent from the loan provider will call, email or visit you and assist you with your loan application. Loan approvals take varying amounts of time. You can discuss how long it would take with the agent who speaks to you.
Please Note:
- Social Prachar does NOT make any recommendation on whether students should or should not avail of a loan to enrol on its programmes. The decision of whether to avail of a loan is exclusively your decision to make.
- Approving a loan is a decision made exclusively by the loan provider. The loan provider may decline your loan application.
- Social Prachardoes did not recommend any specific loan provider. You are required to conduct your own due diligence before making a choice of the loan provider. Please note that loan providers will charge interest in providing you with a loan. Loan providers may include other charges such as a processing fee, documentation charges etc. before disbursal of loan.
- Social Prachar encourages students to carefully read the terms and conditions of loan providers before availing of a loan.
- Social Prachar does not bear any financial obligation related to the loan you apply for. Your financial obligation on the loan you avail of is to the loan provider.
- If you default on your loan repayment obligation to a loan provider, Social Prachar may notify you to meet your loan repayment obligation.
- Your loan provider may initiate loan recovery proceedings as per applicable law.
- Your loan provider will transfer the loan amounts directly to Social Prachar as required under the arrangement that the loan provider has with Social Prachar.
- On specific requests by the loan provider, Social Prachar may inform the loan provider about your employment status, the programme fee, the programme duration and your attendance information on the programme.
- Failure to obtain a loan by you cannot be a reason to seek a delayed payment schedule from Social Prachar and the grant of admission may be withdrawn, if payments are not made by the student as per the listed payment schedule.
