Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > Loan for Education > Education Loan for Nursing

Loan for Education

Education Loan for Nursing

Education Loan for Nursing

Nurses are often believed to be the backbone of the medical industry. From administering medication and monitoring patient vitals to assisting in surgeries and managing day-to-day patient needs, nurses do it all. And the first step towards this promising career is applying for a Bachelor’s of Science in Nursing.

This four-year undergraduate course puts you on the track to a successful nursing career. What’s more, you can apply for an education loan for BSc nursing to finance your education conveniently and without financial burden.

Here, we discuss everything you need to know about an education loan for BSc nursing, from the eligibility criteria to its application process.

Education Loan for BSc Nursing

While many institutions today offer scholarships and grants which can provide financial support, education loans for nursing students remain one of the best options for those looking to finance their education. Here’s why:

1. Convenient Financing for Education: An education loan for nursing students allows you to fund your course without jeopardising your financial stability.

2. Significant Loan Amount: You can get high loan amounts through education loans to help you cover all direct and indirect expenses of education.

3. Flexible Repayment Schedules: Education loans allow you to start repayment after completing your education. This allows you to concentrate on your studies without any financial burden.

4. Extensive Loan Coverage: An education loan for nursing students covers all facets of pursuing an educational course, not just the tuition fees. With this loan, you can meet living expenses such as the cost of food, groceries, local conveyance, rent, etc., and other expenses such as the cost of the laptop, books, laboratory fees, etc.

Eligibility Criteria for Education Loan for BSc Nursing

The eligibility criteria for an education loan for nursing students can differ with the lender. Here are some general criteria you should meet for a successful application:

  • You should have completed 10+2/diploma
  • You should be between the ages of 18 and 35 years
  • You should require the loan to pursue education from a listed, recognised and accredited institution in the country or abroad
  • You must be able to provide a pre-admission sanction document, scores on entrance tests such as GRE, GMAT, etc., 12th/HSC results, or a document confirming your admission
  • Your parents, siblings, spouse, grandparents, parents-in-law or maternal/paternal uncle must be a co-borrower

Be sure to check your chosen lender’s eligibility criteria thoroughly before applying. Tata Capital offers education loans for nursing students with easy eligibility criteria.

Documents Required for Education Loan for BSc Nursing

While the documents required for a successful education loan application vary with lenders, here are some of the documents you might have to submit:

  • Proof of Identity: PAN Card, Passport
  • Academic Documents: The lender might require your 10th mark sheet, 12th mark sheet, available semester mark sheet/transcript, degree, exam scores (GRE, IELTS, TOEFL, GMAT, other)
  • Financial Documents: The lender might require salary slips for the past three months, Form 16 of the previous two years, ITRs of the last three years, business proof, P&L accounts, balance sheet, bank statements for the last six months

Education Loan for BSc Nursing: Application Process

Every lender will have their own application process. However, here are some general steps to follow:

Offline Process

Step 1: Visit your chosen lender’s nearest branch

Step 2: Complete the process as per the direction of the executive

Step 3: Once your application is verified, you will receive the loan amount

Online process

Step 1: Navigate to your chosen lender’s official website

Step 2: Fill the form online and upload all necessary documents

Step 3: Once your application is verified, the loan amount will be sanctioned

Final Thoughts

Pursuing a Bachelor’s in Nursing can be an extremely gratifying and fulfilling career option. Equipping you with all the training you need to offer sound medical treatment, this four-year undergraduate course can help prepare you for a successful career in the medical field.

However, it can put a strain on your finances as well. Fortunately, you can apply for an education loan with Tata Capital. Offering high loan amounts, attractive interest rates, pre-admission sanction, easy disbursal, and without any collateral, Tata Capital’s education loan helps you achieve your professional dreams without any financial burden. So consider Tata Capital’s education loan apply today!

Add wings to your dream. Apply for an Education loan!

Apply now
Disclaimer

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Important Information

Investor Information

Visit us on:,Visit us on: www.tatacapitalmoneyfy.com,www.tatacapitalmoneyfy.com

Our Private Equity Funds

Amalgamated Companies

Top Branches
Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.