How can I get an education loan at Buddy Loan?

At any stage of your life, you may plan higher studies for a rewarding career. The costs of higher education in top institutes have gone up by almost 15 % in the last decade.
You may not have funds to finance your career based program before you get a job.
After completing your course and getting placed, paying off the loan will be then within
your means. Education loan from Buddy Loan makes it possible for you to pursue
career ambitions which may not have been otherwise possible.
What can make it easy for you to secure a student loan? If you meet the criteria for an
Instant student education loan online, getting a loan for higher studies can be a matter of just a day.
Get admission in accredited colleges
Most top institutes in India and overseas have a financial cell that assists students in
getting Instant student education loans online on easy terms. Top colleges have lucrative placement opportunities for all the selected students. Banks easily accede to advance loans to
students of recognized colleges because of the payback guarantee.
Improve your credit scores
You can improve your credit scores by due servicing of loans and credit cards. This may
be the first time you are availing of a loan, and your credit score does not yet exist. Start
using a credit card as credit card repayments also account for individual credit scores.
Arrange for collateral or guarantor
Mostly if you are availing student loans up to Rs 4 lakhs, you may not need to backup
with collateral or security. However, if you require higher amounts, then talk to your
guardians for security and guarantor backup.
Become a working professional
You can even think of pursuing higher education while working or after getting a couple
of years of work experience. Part time courses for working professionals are conducted
in almost all top varsities. Many ranked higher education colleges in the country and
overseas assigned weightage to work experience for several course programs. Work
experience not only provides funds for pursuing course programs but also improves
eligibility for getting selected. By becoming a working professional, you can also
increase your eligibility for getting a higher education loan.
Apply for education loan
You can apply for Instant student education loan through the financial assistance cell of your college if your college offers loan assistance services. You may also apply for student loans

online through an aggregator platform after comparing available loan offers. The
following documents will be required at the time of education loan application
 College admission proof
 Identity proof
 Address proof
 Other documents as applicable
(Bank account statement, salary statement, guarantor signature, security backup)
Another smart way is to apply through Buddy Loan. It’s quick, instant and online.