Flyhi Finance is a technology enabled education finance focused NBFC. We provide quick and highly affordable domestic study loans at attractive terms. We provide affordable study loan solutions across a wide range of education levels: K-12, Coaching Classes, College, University, Vocational Trainings as well as Executive Education courses

Parent/spouse/guardian having regular monthly income and atleast 21 years of age, can avail FlyHi study loan

No, all our study loans are unsecured and does not require any collateral

Yes, you can apply but you need to apply for the remaining fee

No Cost EMI is an optional Facility, in which your loan amount is equally divided into monthly instalments as per your chosen tenor, without any interest charges

The interest rate being charged to you depends on factors such as the Institution from where you are enrolled, amount of loan, tenor. Monthly Interest rates could vary between 0% to 2%. In all cases the interest rate will be made known to you before you avail the loan

No, Loan amount will be directly transferred to the Institute's Bank account

You need to provide your PAN card, Aadhaar card, 6 month's Bank statement* and Address proof (if different from Aadhaar)

Loan tenure will depend on the course tenure. However, we are flexible in providing the same

It can be starting from INR 15,000

Yes. Processing fee is charged depending on the loan amount*. In all cases the Processing fees will be made known to you before you avail the loan and it is non-refundable

In case you are not able to find your institution, You can still apply for FlyHi study loan where Interest rate would be applicable*. You can also provide your Institution details @ contactus@flyhifinance.com or contact @7208003102

After you complete the loan process, we will disburse the fee amount within 24 hours or as per the terms of the tied up institute

Your repayment will usually start from the next month of your loan disbursement month. Your repayment date will be intimated to you during the loan sanction process

Nach Mandate is an authorization that customers provide to lending Institutions to Debit funds from their bank account for repayment of the loan installments or other applicable charges

The term E-Sign stands for electronic - Signature. We use the services of our service partners to enable our customers to sign documents such as our Loan Agreements, Sanction letter, MITC, digitally. An E-sign is a legal way to give consent or execute any legal document.

No. FlyHi does not provide any option to reschedule or postpone your EMI date unless there is a regulatory or any government mandate. As such, these postponement or deferment of EMI's may be termed as restructuring of loan and your loan may be reported as a substandard asset by the reporting entity

Yes, you have the facility to foreclose your loan. You can reach out to us at contactus@flyhifinance.com for the same

FlyHi is a loan partner and has no role in the services provided by the educational institution. You must contact your institute for any query regarding the course

It may impact your credit-worthiness in the future. As per law, we will be reporting it to credit bureaus, which may lower your credit score and in turn it can affect your access to loan facilities from other banks and financial institutions

No. FlyHi does not provide Moratorium facility. EMI will start from the subsequent month after the sanction

Institute will get their course fees paid upfront, resulting in zero collections hassle from their students which will lead Higher student retention & New admissions

FlyHi Finance lends to students who are studying in K-12 School, College/University, Vocational course, Coaching class, Executive Education and various other Online courses

Institution can apply online by filling a simple application form along with submitting a few documents on our website or can call us @7208003102

Institute will receive the fee amount within 24 hours after customer complete the loan documentation process

Yes, FlyHi Finance allows to customize the scheme as per Institute's convenience*

Customer needs to provide Aadhaar card, PAN card, 6 Months Bank statement* and Address proof (if different from Aadhaar)

Subvention or discount is an amount including taxes which Institute bears for FlyHi Finance to enable Low or No Cost EMI facility to the customers

The time duration for sanction of a loan would be around 30 minutes or higher depending on the applicant's profile

If the loan is not approved, its Institution's sole discretion to proceed with student's enrolment

Loan amount can be starting from INR 15,000

If student wishes to discontinue the course, Institute would be liable to refund the due loan amount of that student back to FlyHi Finance after adjusting the subvention (if any) on a pro-rata basis

In case you are not able to find your institution, You can still apply for FlyHi study loan where Interest rate would be applicable*. You can also provide your Institution details @ contactus@flyhifinance.com or contact @7208003102

In case you are not able to find your institution, You can still apply for FlyHi study loan where Interest rate would be applicable*. You can also provide your Institution details @ contactus@flyhifinance.com or contact @7208003102

Generally, our lending partners require two types of documents which include:

• A filled-up application form with a picture and a signature across the photograph
• KYC documents that confirm your identity and address
• Either the trust deed, MOA, AOA, bye-laws or partnership deed
• The registration or incorporation certificate
• Approval from AICTE, ICSE, CBSE, or another relevant authority
• Documents related to primary and secondary collateral

Additionally, our lending partners may require the following financial documents:

• Financials of the previous three years, including audit reports
• Income tax returns of the last three years
• Latest 12-month bank statement for the operating account
• All loan statements and existing loan sanction letters since inception

Generally, our lending partners require two types of documents which include:

• Applicants must be between 25 to 55 years old
• Applicant must be a self-employed professional or non-professional, such as proprietors, retailers, traders, and others
• The applicant must have a minimum of three years of experience in the same line of business
• Loan eligibility is determined based on the business model, cash flow, and internal policies of lending partners

It’s a smart way for schools to unlock future fee collections and convert them into ready capital today—helping you manage payroll, operations, and short-term needs with ease.

K–10/12 schools with at least 500 students, operating from owned premises, and collecting most of their fees online (via UPI/ERP).

Up to ₹5 crore, based on your receivables and eligibility.

No. This is a completely unsecured loan—your fee receivables act as the primary security.

• Monthly interest payments.
• Any extra fee collections automatically reduce your loan principal.
• No prepayment or foreclosure charges.

You can choose a flexible tenure of up to 24 months.

Competitive rates, designed to suit educational institutions.

In the name of your School, Educational Society, or Trust.

Basic KYC, fee collection details, and recent bank statements of the school/trust.

Quick and simple—discussion with promoters, sanction letter, digital escrow account creation, and ERP-based fee routing.

Only fees collected via UPI and ERP systems are eligible.

Yes, up to ₹60,000 per student annually.

It’s an unsecured loan designed to help schools and educational institutions quickly adopt smart boards and modern teaching technology without upfront financial burden.

Any registered educational institution—schools, colleges & universities, coaching and training centers etc.—looking to install or upgrade to smart boards.

The loan amount depends on your institution’s requirement and eligibility. However, maximum cap would be ₹3 lakhs.

Flexible repayment period of up to 12 months.

Exclusively for purchase of smart boards and related digital classroom infrastructure.

Offered at competitive rates, tailored for the education sector.

Simple monthly repayments with no hidden charges.

• KYC of the institution and key promoters
• Proof of institution registration
• Latest 2 years financials
• Bank statements (latest 12 months)
• Vendor quotation/invoice for smart boards

Quick and streamlined—submit documents, get approval, and funds are released directly for vendor payments or as per agreed terms.