Student Loan
Student Loan – Invest in a Brighter Future
At MCPL, we believe that financial limitations should never be a barrier to education. Our Student Loan is designed to support aspiring students in pursuing their dreams—whether in India or abroad.
Key Features:
- Loan Amount: ₹50,000 to ₹10 Lakhs
- Purpose: Tuition Fees, Hostel Charges, Books, Exam & Travel Expenses
- Interest Rate: Attractive & affordable rates
- Repayment Tenure: Up to 7 years (including moratorium)
- Collateral: Optional (based on loan amount and institution)
Who Can Apply:
- Students who have secured admission in recognized institutions
- Courses eligible: Degree, Diploma, Certification (India/Abroad)
- Co-applicant required: Usually a parent/guardian with income proof
Documents Required:
- Student’s KYC (PAN, Aadhaar, Passport)
- Admission Letter from the Institution
- Fee Structure
- Academic Records
- Co-applicant’s KYC & Income Documents
- Bank statements (last 6 months)
Why Choose MCPL?
- Quick processing& transparent disbursement
- Flexible repayment optionsincluding moratorium (repayment holiday during study period)
- Guidance & supportthroughout your educational journey
- Option to top-up or extend loan for further studies
Ready to Apply?
Give your child the future they deserve with MCPL Student Loans.
