How do I apply for an education loan via Edvoy? 

If you're looking for ways to fund your studies abroad, look no further than Edvoy Funds. Get easy access to education loans from 10+ fund partners. This is a hassle-free and 100% digital application process, with a dedicated advisor for expert guidance.

Edvoy Funds offers collateral, non-collateral, and no co-signer loans, and quick approvals in less than 48 hours.

For unsecured loans, the maximum amount varies but can be significant, often up to the full cost of education and living expenses. For secured loans, it depends on the collateral value provided.

To apply for an education loan on Edvoy Funds, you need to follow these steps:

1. Head to the Edvoy app and select Funds under the Explore page.

2. Select the Get Started button, once you read the information provided. You’ll be taken to a page where you need to fill in your requirements.

3. Add the loan amount (you can include both tuition fee and living expenses), the type of loan required and your PAN details if you’re an Indian citizen. Your CIBIL score will not be checked at this stage.

4. Once you submit your details, they will be shared instantly with the fund providers. You can expect a callback within 24-48 hours on further steps and document submission.

5. If you need an update regarding your loan application, head to the Status tab. You can also request a callback if you need any assistance and your dedicated advisor will help.

Processing time varies based on the type of loan: typically, 2-3 working days for unsecured loans, 10-15 days for secured loans, and 5-7 working days for international loans. Once the loan is sanctioned, you can change the university or country. However, it requires reevaluation and approval from the lender. This may affect the loan amount, terms, and conditions.