Student Education Loans in Coimbatore

Coimbatore is one of the major cities in Tamilnadu, which is also referred as Manchester of south India. It produces one of the finest textiles in the country, despite most of them still using traditional methods. Coimbatore preserves many sacred temples and churches which were built during our ancestor’s era and the Siruvani water here is considered to be the second tastiest water in the world. The city is also known for its engineering, health care and educational sector.

If you are looking forward for upgrading your skills, to make your career well advanced by pursuing an online course or a class room course or say even If you are highly concerned about the ever increasing school’s educational expenses and worried to let go of your lifetime savings,
in order to pay for children’s school fee.

There’s already so much running in your mind right? Never ending pile of burden! This makes impossible to have a piece of good mind.

Well, not anymore. As Tachyloans is the one stop destination for all those problems.

Step-in to Tachyloans and Bury the worries aside!

Tachyloans introduces the following Student Education Loans in Coimbatore

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Why Tachyloans?

Completely Online Process
Instant Approval
Relaxed CIBIL Score norms
Flexible tenure from 6 months to 36 months
Interest rates starts at 11.5%
Collateral free loans

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Who can Apply?

Both Salaried and Self-Employed Individuals can apply for the Education loan
If the Student is non-earning Individual, then a parent or a family member should be included as a co-applicant

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Eligibility Criteria

Age from 25-60 Years
Minimum Net Salary from INR 20,000 onwards
If you are self employed, last 2 year ITR needed with a minimum turnover of INR 5 lakhs

How to Apply

Student Education Loan from Tachyloans can be applied in a simple online application at www.tachyloans.com.

Once you complete the sign up as loan borrower, you will be taken to registration page

Upload your PAN Card, Address proof and last 6 months bank statement and complete a small application

Choose your loan type, name of the partner educational institution, loan amount and tenor of the loan

Your loan will be approved instantly once you click the submit button.

The loan amount to be paid as School fee or college fee will be transferred into the account of educational institution in 48-72 hours

Documents Needed

Salaried:
PAN Card
Address Proof ( Aadhar Card or Gas Bill or Electricity Bill or
Voter Id card or Driving License)
Last 6 Months Bank Statement of Salaried Account
Last 3 Months Pay Slips
Self-Employed:
PAN Card
Address Proof ( Aadhar Card or Gas Bill or Electricity Bill or
Voter Id card or Driving License)
Last 2 year ITR
Last 2 year Balance Sheet including Profit and Loss Statement
Last 9 Months Bank Statement

Interest Rates
The Interest rates for Student loans start at as low as 11.5% Per Annum.

FAQ

Getting an education loan from Tachyloans is a simplified, online process. You can visit www.tachyloans.com and fill the loan application form to get an instant approval for your loan and disbursal in 48-72 hours.

The Tenure of School Education Loans is 12 Months or end of the academic year whichever is lower.

Yes. You can apply for the loan even if you are not employed. In that case, your parent or a family member who is an earning member may have to join you as a co-borrower for the loan.

The vocational courses loan as well as education loan to pursue all other courses ranges from INR 20,000 to INR 5 lakhs subject to maximum of 100% of course fee.

Yes, It is possible to pre-pay your loan before completion of its tenure. However, you are advised to go thru the terms and conditions agreed by you with your lending Institution in the loan agreement which is the final authority in terms of loan prepayment and any other terms.