If Learning Never Stops, Education Shouldn't Either

‘Shiksha Dhan’

Education loans at easy EMIs for your child’s future.
Easy Education Loans

Loans up to Rs. 3 Lakhs, for your child’s uninterrupted education.

Know about Shiksha Dhan education loan criteria and documents requirement

About Shiksha DHAN

Shiksha DHAN is an education loan available to parents and students. Our education loan covers all type of education cost from securing admission in prestigious educational institutions, to paying mid-term fees or even purchasing stationery and books, Shiksha Dhan promises to take care of it all.

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Criteria for Self-employed

  • Monthly net profit should be above ₹20000
  • Minimum age of applicant should be 21 years and maximum 52 years
  • Applicant’s CIBIL score should be above 650
  • Your business should be 1 year old

Criteria for Salaried

  • Minimum salary should be Rs. 20,000
  • Total work experience should be a minimum of 1 year
  • Minimum age of borrower should be 21 years and maximum of 52 years
  • Applicant should have a satisfactory credit score
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Documents For Self-employed

  • KYC documents of applicant and business firm
  • ITR- Financial documents of the last 2 years
  • Bank Statement for the last 6 months
  • Previous loan history if any

Documents For Salaried

  • KYC documents of applicant
  • Salary slips of the last 3 months
  • Bank Statements for the last 6 months
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Our Process

Upload education loan documents in minutes and get instant loan approval

1. Apply & Upload

Easily fill our loan application, using your desktop or mobile phone and upload your documents.
It just takes 3 minutes to
complete the process.

2. Get an Approval

Based on the details provided, you will get final approval in less than 3 hours. After approval, your application will be processed for agreement signing.

3. Get Money

Loan amount disbursal will be done on a same day if approved before 1 PM. You will get the cash in your bank account without any delay. Use the cash at your convenience.

Shiksha Dhan Education Loan Advantages

Below features make us better

Higher loan amount

Get an education loan up to Rs. 3Lacs. Spend wherever you want for your education needs.

Lower interest rates

For education we provide loans with lesser interest rates.

No collaterals

We don’t ask for collaterals for your education loans. Just apply and get approved.

Flexible Tenure

Decide your repayment terms. We are flexible.

Easy Online payments

It doesn’t matter if you failed to pay your EMI on time. Online payment facility to pay EMIs without any surcharge.

Minimum Documentation

You won’t like to arrange papers or wait for physical verification, right? Neither we do. Just apply, upload and get approved.

Shiksha DHAN Fee & Interest Rates

Shiksha DHAN loan rates

Interest Rates


Processing Fee


Loan tenure

6 months to 36 months

Loan Amount

50,000 – ₹3Lacs

Foreclosure charges

NIL for 6 months*

Installments repayment


What you get with Shiksha DHAN

  • Education loan starts from Rs.50,000 to Rs. 3 Lacs. The minimum tenure for our education loan is 6 months and a maximum of 36 months.
  • All you need to do is submit the course fee receipt, course details and fee structure and let us take care of the rest. We ensure your application process is a smooth one with easy borrowing and sanctioning.
  • Note : The Shiksha Dhan demands details of a local guardian who bears the liability of the loan as students are unable to repay EMIs themselves

Frequently Asked Questions

How can I apply for loan with Aasaan Credits?

There are multiple ways to apply for loans with us. You can apply directly from our website by giving your details and documents. Our loan application engine expedites the process of disbursal when applied online. You can also request a call back through our website, our experts will help you with the application.

What types of loans can I avail from Aasaan Credits?

You can avail loans for any purpose be it a wedding, travelling, buying household goods, gifting, business, paying hospital bills, education fees etc. We have categorised all your needs into five categories i.e. Aasaan Money (Small personal loans for salaried and business people), Business PLUS (only for small and medium-size businesses), AnyTime Salary (Only for salaried professionals), Swasthya Dhan (Health Loans) and Shiksha Dhan (Education Loans)


You can get up to Rs. 10 Lacs instantly based on your income and obligations.

Is Aasaan credits Pvt Ltd a Bank or NBFC?

Aasaan Credits is a brand name of SFIPL (Shivji Finance and Investments Pvt Ltd) a Non-Banking Financial Company registered with Reserve Bank of India. All Aasaan Credits loans are issued by SFIPL.

How much time will it take to get the loan approval from Aasaan Credits?

Our processes and systems are designed to approve the applications in less than an hour. However, in some cases it can take up to 48 hours.


We don’t have any policy which controls the usage of money. It’s up to you how you want to spend it.


Your EMIs are calculated based on your loan amount and the tenor. At Aasaan Credits we calculate the EMIs on the reducing balance method where interest is calculated every month on the outstanding loan balance only and not on the whole loan amount. EMI payment every month comprises interest payable for the outstanding loan amount for the month plus principal repayment. On every EMI payment, outstanding loan amount reduces by the amount of principal repayment.

How does the loan EMI get calculated?

Loan EMI gets calculated from the universal formula on reducing basis.

Do I need to pay any processing charges to avail the loan?

There is a processing fee of 2% for availing the loan. Processing fee will be deducted from the disbursal amount. You don’t need to pay anything until the loan is disbursed.


You can choose the loan tenor for a minimum of 1 month to a maximum of 36 months.

How will I pay back my EMIs?

Before we disburse the loan amount, you sign the NACH (National Automated Clearing House ) mandate with us. Based on the mandate our bank will automatically deduct the EMI amount from your bank account on the due date every month.

What if there is a NACH bounce from my bank account?

The bank will levy certain bounce charges/penalties. In addition, it will get reported in your credit report. Depending on the severity of the default, it can have a serious impact on your future credit possibilities like home loan, car loan etc.

Can I foreclose my loan?

Yes, you can always choose to close your loan account with us.

I have not taken any loans in the past, due to this I don’t have any credit history. Will I get the loan from Aasaan Credits?

Yes, you can get the loan even if you don’t have credit history. Your credit/CIBIL scores are not the only factors we consider before deciding your borrowing capability.


We cater to a very specific loan segment with customised offerings. Due to strict policies in banks, they do multiple checks on your loan application. In fact, banks do not focus on small loans. Whereas we only target our pre-defined market and accept all the loan requests coming our way.

Would you like to speak to one of our financial advisors?

Just submit your contact details and we’ll get in touch shortly.