Radhika Finances

How Can I get a Project Loan.

Radhika Finances

Getting a project loan involves several key steps and eligibility requirements. Project loans are typically offered to businesses or individuals for funding large-scale ventures like construction, infrastructure, industrial setup, renewable energy projects, and more. 1. Project Planning & Documentation Before approaching lenders, prepare a comprehensive Project Report that includes: Project overview and objectives Market analysis and feasibility Cost estimates and fund requirements Projected cash flow and repayment plan Business model and expected ROI.Read More

How Much EMI Do I Need To Pay

Radhika Finances

Affordable EMIs, stress-free repayments! The EMI depends on: Loan Amount – The higher the amount, the higher the EMI. Interest Rate – Higher rates increase your EMI. Loan Tenure – Longer tenure reduces monthly EMI but increases total interest paid.

Documentation and Rate Of Interest ,Tenure

Radhika Finances

"Say goodbye to complex paperwork! Get your loan approved with simple documentation and quick processing to meet your financial needs on time.

Find out more about what we do?

At Radhika Finances we are committed to empowering individuals and businesses with smart financial solutions that drive growth, stability, and success. Whether you’re looking to secure a home, manage your business finances, or make intelligent investments, we provide a range of tailored financial products designed to meet your unique needs. Our team of experts is here to guide you through the complexities of the financial world with confidence, offering personalized solutions that ensure your financial peace of mind. From comprehensive loans to wealth management and investment strategies, we offer a broad spectrum of services that help you achieve your goals, every step of the way. Call us for More Details:09129768488,07248169374

Education Loan

An Education Loan is a financial assistance product designed to support students in pursuing higher education in India or abroad. It covers tuition fees, living expenses, travel, books, and other academic costs. With flexible repayment terms and lower interest rates, an education loan enables students to achieve their career aspirations without financial constraints.

Advantages of Education Loan

Covers Complete Educational Expenses

Includes tuition fees, accommodation, travel, books, exam fees, and other study-related costs.

Low Interest Rates

Special rates for students, with even better terms for women or students applying under government schemes.

Flexible Repayment Options

Repayment usually begins after course completion with an optional moratorium period.

Builds Financial Responsibility

Students learn financial planning and credit management from an early stage.

Tax Benefits

Interest paid on education loans is eligible for tax deduction under Section 80E of the Income Tax Act.

No Collateral for Smaller Amounts

Loans up to 7.5 lakhs may be available without collateral (as per lender policy).

Improves Future Credit Score

Timely repayment helps build a positive credit history.

Eligibility Criteria

Student (Primary Applicant):

Must be an Indian citizen

Age between 16 to 35 years

Must have secured admission to a recognized course in India or abroad (graduate, postgraduate, diploma, etc.)

Co-applicant (Parent/Guardian/Sponsor):

Must have a regular source of income

Good credit history preferred

Required in most cases to guarantee repayment

Eligible Courses:

Graduate and post-graduate courses from recognized institutions in India or abroad

Professional courses: Engineering, Management, Medicine, Law, etc.

Vocational and skill development programs (selected lenders)

Documents Required

1. KYC Documents (Student & Co-applicant)

PAN Card

Aadhaar Card / Passport / Voter ID / Driving License

Passport-size photographs

2. Academic Documents (Student)

10th, 12th, and graduation mark sheets

Admission letter from college/university

Fee structure from the institution

Entrance exam results (if applicable)

3. Income Documents (Co-applicant)

For Salaried Co-applicant:

Salary slips (last 3–6 months)

Form 16 / ITR (last 2 years)

Bank statements (last 6 months)

For Self-Employed Co-applicant:

Income Tax Returns (last 2–3 years)

Business registration/license

Profit & Loss account and Balance Sheet

Bank statements (last 6–12 months)

4. Collateral Documents (if applicable)

Property papers (title deed, tax receipts, valuation report)

Fixed deposit receipts (if FD used as security)