Are you exploring options to manage your education expenses? The Jodo Education Loan offers a solution with flexible repayment plans, competitive interest rates, and a straightforward application process. Designed to help ease financial concerns, this loan aims to support your education, whether you're studying in India or abroad. Let’s take a closer look at how Jodo’s offerings can assist in making education more accessible and manageable.
Jodo Education Loan: Highlights & Features
Pay for your education without stress. Jodo Education Loan is fast, fully digital, and hassle-free.
Key Highlights
- Repayment: typically begins after the study period + 6 months, and there are no foreclosure charges for early repayment with Jodo or Propelld.
- Eligibility: Indian students 18+ with address proof and admission letter.
- Loan Amount: Up to 100% tuition fees.
- Tenure: 12–24 months.
- Processing Fees: 0%.
- Approval Time: 30–60 minutes.
- Disbursement: Directly to the university.
Why Students Love Jodo
- Fully Digital: Apply and get approved online in minutes.
- No Collateral: No guarantors or assets needed.
- Flexible EMIs: Pay semester fees in easy monthly instalments.
- Quick Disbursal: Funds released fast so you can focus on studies.
With Jodo, financing your education is simple, transparent, and stress-free.
Jodo loans feature interest rates starting around 11.5–11.75 % p.a., with approval in under 60 minutes and disbursal directly to universities. Compare this with Propelld’s 10× faster funding model and 0 % foreclosure.
People Also Ask
Q. What is Jodo Payment?
A. Jodo Payment lets parents pay school or college fees in easy monthly instalments (EMIs) instead of lump-sum payments, reducing financial burden and improving affordability.
Fund College Fees + Living Expenses
Types of Jodo Education Loan
Jodo offers long-term and short-term education loans to help students finance their studies easily. Both options are fully digital. Short-term plans are typically unsecured; long-term loans can be unsecured up to defined limits and secured above that, depending on profile and institute
Long-Term Education Loan
Covers tuition, hostel, and other education-related expenses with repayment tenures up to 12 years.
Key Features:
- Expert guidance throughout the loan process
- Tax benefits under Section 80E
- No collateral required
- Fully digital application
Short-Term Education Loan
Designed for semester-wise payments, with quick approvals and flexible EMIs.
Key Features:
- Covers full semester fees (tuition, hostel, mess)
- Fully digital and no collateral required
- Low interest rates
Jodo Education Loan Interest Rates (2025)
Jodo offers two main education financing options tailored for Indian students:
- No-Cost EMI Plans
Ideal for short-term courses and school fees, Jodo’s zero-interest EMI plans allow monthly payments with no added interest. The financing cost is borne by partnered educational institutions, making it a cost-effective option for families. - Long-Term Education Loans
For higher education, Jodo collaborates with banks like IDFC First Bank to provide loans with floating interest rates between 11.5% and 11.75% p.a.- Collateral-free loans available up to ₹30 lakh (PG courses).
- Repayment tenure extends up to 12 years, including moratorium periods.
- Eligible for tax benefits under Section 80E on interest paid.
This combination addresses diverse funding needs with transparent costs and easy application processes, supporting students across India to manage education expenses effectively.
Jodo Education Loan Eligibility Criteria
- Residency: Must be an Indian citizen with a valid ID and address proof such as Aadhaar, PAN, or Passport.
- Age: Minimum age of 18 years; for Jodo Cred, applicants should be between 23 and 60 years.
- Legal Capacity: Must be eligible to enter into contracts under the Indian Contract Act, 1872, and possess an active bank account and PAN card.
- Co-applicant: Required if the student is below 23 years of age; parents or immediate family can co-apply.
- Financial Requirement: CIBIL score of 675 or higher and a monthly income of ₹25,000+ for credit-based plans.
- Compliance: Applicants must not be restricted by any Indian or international law from using Jodo services.
Typical CIBIL requirement ≥ 675 and co-applicant monthly income ≥ ₹25,000 for credit-based plans.
Want to know if you are eligible for an education loan and what the rates are? Find all the information you need to get started.
Jodo Education Loan Documents Required
Applicants need to provide the following documents to complete the application process for a Jodo education loan:
Loan protection insurance is optional; confirm premium before sign-off to avoid bundled charges.
How to Apply for a Jodo Education Loan (2025)
Applying for a Jodo education loan is fast and fully digital. Follow these simple steps to get started:
Online Application
Fill in a short online form on Jodo’s website or app with basic details to get instant pre-approval.
Fee Confirmation & Disbursal
Jodo verifies the total fee amount (including tuition, transport, and other charges) directly with your institution. Once confirmed, the fees are disbursed to the school after your consent.
Repayment Setup
An auto-debit mandate is set up for EMI payments, ensuring on-time repayments without reminders.
Support
Jodo provides 24/7 customer support via WhatsApp, phone, or email for all application and payment-related queries.
Jodo’s fully digital process offers fast approval, zero collateral, and transparent repayment terms, making education affordable and stress-free for students and parents alike.
Jodo Education Loan: Finance Plan
Jodo offers flexible monthly payment plans with a fully digital process, making it simple for students to manage their course fees. With customised EMIs, quick approvals, and 24x7 support, students can focus on learning while finances are handled smoothly.
Key Features:
- Complete the loan process digitally in just 15 minutes
- Simplified approval using PAN for initial registration
- Customised EMI plans based on course tenure
- 24x7 helpline to assist throughout the application process
Finance Details for Courses:
People Also Ask
Q. Can I apply for a Jodo education loan without collateral?
A. Yes, Jodo education loans do not require collateral, making it easier for students to secure financial support without needing assets to back the loan.
Pursuing higher education shouldn’t be limited by finances. With Jodo Education Loan, students can access affordable, collateral-free funding through a 100% digital, hassle-free process. Quick approvals, flexible repayment options, and direct disbursal to universities make the journey smoother for both students and parents. Propelld Education Loans offer faster approvals, transparent terms, and flexible financing to help students achieve their academic goals with confidence.
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