Jain Jagruti Education Loan 2025: Check Loan Requirements, Application Process, and Documents Required

Vaishali Pandey
Updated On:
Feb 21, 2025

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The Jain Jagruti Education Loan is a dedicated initiative to empower students within the Jain community to pursue their dreams of higher education. With the rising education costs, especially for programs abroad, arranging finances can be a significant challenge. 

To address this need, the Jain Jagruti Centre has launched several programs, including this loan. With 172 centres globally, the Jain Jagruti Education Loan offers flexible terms, minimal paperwork, and support for undergraduate and professional courses. 

Keep reading to discover how this loan can make your dreams a reality.

By the end of this blog, you will know

  • The eligibility criteria and documents required for a Jain Jagruti Education Loan.
  • The step-by-step guide to applying for the loan, ensuring a hassle-free process.
  • The key benefits of the loan include flexible repayment options and minimal paperwork.

Jain Jagruti Education Loan: Key Highlights 

Operated under the Jain Jagruti Trust, this loan program offers financial assistance for students pursuing higher education in India and abroad. 

Here’s a table summarising the key components of the Jain Jagruti Education Loan scheme.

Loan Aspect

Details

Name of the Lender

Jain Jagruti Center Central Board Charitable Trust

Jain Jagruti Education Loan Amount

Determined based on discussions with the respective centre.

Jain Jagruti Education Loan Interest Rate

Set by the centre, typically no interest or a minimal interest rate.

Collateral

No collateral is required for the loan.

Country Covered

USA only

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Jain Jagruti Education Loan Eligibility Criteria

The eligibility criteria are straightforward but structured to assess the applicant's ability to repay and the credibility of their academic journey. 

Here are the detailed eligibility requirements you need to fulfil to apply for the Jain Jagruti Education Loan.

Criteria

Details

Enrollment

Must be enrolled in a bachelor’s or master’s program at a recognised international institution.

Academic Performance

Should have a strong academic track record in previous studies.

Financial Background

Family income must be low or belong to economically weaker sections that are unable to fund higher education abroad.

Course Focus

The selected course should emphasise professional growth and offer promising career opportunities.

Jain Jagruti Education Loan: Application Requirements

Applying for the Jain Jagruti Education Loan involves several steps and specific requirements to ensure a smooth process. Properly preparing and understanding these requirements can save time and prevent delays in your application.

Here are the key application requirements for the Jain Jagruti Education Loan.

1. Permanent Email ID for Registration

During the registration process, applicants must utilise a persistent email account. 

2. Essential Documents

Aadhaar and PAN cards are important documents that candidates should have ready before beginning the application process. These records are essential for confirming financial information and identity.

3. Document Submission

The online application process requires the uploading of all necessary documents. To prevent rejection, make sure the scanned copies are clear and adhere to the format and size requirements.

4. Eligibility for Indian and US Education

This loan application is open to students pursuing higher education in both India and the USA, making it a versatile option for those looking to study domestically or internationally.

5. Submission of Application Report

Applicants are required to print the application form report after submitting their application. The following address is where the printed report and the necessary paperwork should be sent:
Jain Jagruti Centre Central Board Charitable Trust
201, Matharu Arcade, Above Axis Bank, Subhash Rd, Vile Parle (East), Mumbai - 400057.

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We Dont Need a Plethora of Documents. Just 4 Documents and Your Education Loan is Disbursed.

Jain Jagruti Education Loan Application Process 

The Jain Jagruti Education Loan application process is designed to be clear and easy to navigate, ensuring that students can efficiently access the financial assistance they need for their higher education journey. Here's the step-by-step process for applying for the Jain Jagruti Education Loan.

1. Visit the Official Website

Go to the official Jain Jagruti Education Loan website.

2. Download the Application Form

Locate the application form section and download the form.

3. Fill Out the Application Form

Complete the form with accurate personal, educational, and financial details.

4. Attach Required Documents

Attach necessary documents, such as proof of identity, address, academic records, and income details.

5. Review Your Application

Double-check the form and documents to ensure everything is correct and up to date.

6. Submit the Application

Send the filled-out form to the address listed on the website, together with any supporting documentation.

7. Wait for Approval

Await the approval and processing of the loan. It might take a while.

8. Receive the Loan Agreement and Sign 

If your loan is approved, you will receive a loan agreement. Carefully read the terms and conditions. Sign the loan agreement and send it back to the Jain Jagruti Education Loan authorities.

9. Loan Disbursement

After the agreement is accepted, the loan amount will be credited to your bank account.

Check out our complete guide on how to apply for an education loan in India and start your journey today!

Minimal Documentation. Higher Chances of Approval. Easy Online Processes. Check Your Eligibility.

Jain Jagruti Education Loan: Application Form Sample

The application form is a crucial part of the process, as it collects all necessary details about the applicant, their academic background, financial status, and course details. The form must be filled out accurately and accompanied by all required documents to ensure a smooth application process.

This is what the Jain Jagruti application form looks like.

‍Jain Jagruti Education Loan: Application Form Sample

Jain Jagruti Education Loan: Documents Required

When applying for the Jain Jagruti Education Loan to support your higher education abroad, it is essential to ensure that you have all the necessary documents prepared. Here’s a breakdown of the key documents you must provide when applying for the Jain Jagruti Education Loan. 

Document Type

Details

Application Form

Completed form with photograph and signature

Applicant & Co-borrower/Guarantor Documents

Relevant documents of both the applicant and co-borrower/guarantor

Proof of Identity

- PAN card or Aadhar card

- Passport (for overseas education)

Proof of Residence

- Voter’s ID card

- Passport

- Bank account statement

- Utility bills (Electricity/Telephone)

Co-applicants Documents

- 6-month bank account statement

- Salary credits for salaried individuals

- Business transactions for self-employed

Academic Documents

- 10th, 12th, and degree mark sheets (for Master's education)

- Fee breakdown

- Admission proof

- Entrance exam scorecard

Co-applicant Income Documents (Salaried)

- Last 3 months payslips

- Form 16 for the last 2 years

- Employer ID card

- ITR for the last 2 years

Co-applicant Income Documents (Self-employed)

- Last 3 years ITR

- The last three years' worth of balance sheets and profit and loss accounts

- Business address proof

Want to know how a co-applicant can help you secure your education loan faster? Check out our detailed blog: What is Co-Applicant in Education Loan?

Not Just Tution Fees, But Other Expenses Also Covered. Simplified Processing, Dedicated Support

Jain Jagruti Education Loan Contact Information

When applying for the Jain Jagruti Education Loan, it is crucial to have direct access to the right contact information for queries, updates, or additional assistance during the application process. 

Here are the contact details.

Location

Jain Jagruti Centre Central Board Charitable Trust 201, Matharu Arcade, Above Axis Bank, Subhash Rd, Vile Parle (East), Mumbai - 400 057

Contact Number

+91-22-6695 6699

Email

admin@jainjagruti.com

The Jain Jagruti Education Loan is an excellent financial aid option for students, especially those within the Jain community, aiming to pursue higher education in India or the USA. With the Jain Jagruti Centre's global presence and easy application process, this loan can be a stepping stone to a successful academic journey.

Among other notable options, Propelld stands out as a reliable partner for students seeking financial support for higher education. With Propelld, you can access education loans with quick digital approval, flexible repayment terms, and loans up to INR 50 lakhs without collateral.

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Here are some of the top benefits Propelld offers.

Particulars

Details

Max Loan Amount

50 Lakhs

Collateral 

Not Required

Moratorium

Available

Processing Time

10 Times Faster than Banks

Disbursal Time

7 Days

Approval Rate

Higher than Other Banks

Special USP

Marks Based Approval

% Financed

100% of Fees

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FAQs About Jain Jagruti Education Loan

What are the Jain Jagruti education loan eligibility criteria?

To qualify for the Jain Jagruti education loan, applicants must meet specific eligibility criteria, including academic performance and admission to recognised institutions.

How can I apply for the Jain Jagruti Education Loan? 

The Jain Jagruti Education Loan application involves filling out an online form and submitting the required documents.

What are the Jain Jagruti education loan documents required for application?

The required Jain Jagruti education loan documents typically include proof of identity, address, academic records, and income statements.

Is there a specific interest rate for the Jain Jagruti Education Loan? 

The Jain Jagruti education loan interest rate varies based on the applicant's profile and the lender's policies. It's essential to check the latest rates before applying.

Can I apply for the Jain Jagruti Education Loan online? 

Yes, the application process for the Jain Jagruti Education Loan can be completed online through the official website.

What is the maximum loan amount available under the Jain Jagruti Education Loan?

The maximum amount varies, but it typically covers tuition fees and other educational expenses as per the loan requirements.

What repayment options are available for the Jain Jagruti Education Loan? 

The Jain Jagruti Education Loan offers flexible repayment options, including moratorium periods and EMIs based on the loan requirements.

How long does it take to process the Jain Jagruti Education Loan application? 

The processing time for the Jain Jagruti Education Loan can vary, but it typically takes a few weeks after submitting the application process.

Can I get a co-signer for the Jain Jagruti Education Loan? 

Yes, having a co-signer can improve your chances of approval and may help meet the loan requirements.

What types of courses are eligible for the Jain Jagruti Education Loan? 

The Jain Jagruti Education Loan is available for various undergraduate, postgraduate, and vocational programs as per the loan requirements.

Is there a grace period for repayment of the Jain Jagruti Education Loan? 

Yes, many lenders offer a grace period after course completion before repayments begin as part of the loan requirements.

What happens if I default on my Jain Jagruti Education Loan? 

Following the application procedure and payback terms is crucial since defaulting on the Jain Jagruti Education Loan can result in penalties and have an impact on your credit score.

Can I apply for the Jain Jagruti Education Loan if I am already studying? 

Yes, students enrolled in courses can apply for the Jain Jagruti Education Loan if they meet the loan requirements.

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