Education Loan Alappuzha

Education Loan Alappuzha

Every child needs a quality education in order to lead a complete, successful, and comfortable life. Unfortunately, such education comes at a cost that not everyone who deserves it can afford. That is where education loans come into play. Education loans are funds offered by banks and financial institutions to meritorious students to help them pursue their dream courses.

Major Education Loan Providers in Alappuzha

Top Institutes for Education Loan in Alappuzha

Courses Offered

Types of Expenses covered by Education Loan

Documents Required for Education Loan Alappuzha

One of the most popular loan products is the education loan, for all types of education needs-school education, higher education in India, higher education overseas, executive programs in India, or executive development programs abroad, whatever the case might be. Today education is a must in building a strong career and a better future for the country. The government has also supported and emphasized the need for education for all and accordingly awarded subsidies on the interest rates banks charge on education loans.  It has also kept the documentation process extremely simple.

When you are applying for an education loan, you simply need to make sure you have the following documents and relevant copies:

Proof of Identity

• Voter ID card
• Driving License
• Passport
• PAN Card
• Government department ID card
• Aadhar Card or Aadhar enrolment number

Proof of Income

• The parent’s latest salary slip showing all the deductions, or
• Form 16 along with the latest salary certificate
• Last 2 year’s IT returns of the past 2 years or
• In the case of a self-employed individual,

If the applicant is a Self-Employed Individual

• Balance sheet and profit and loss account, computation of income for the last 2 years.
• Income Tax Returns – last 2 years for Applicants, 26 AS, Traces
• Business proof: Gomasta License, Registration Certificate, Service Tax Registration, among
• IT Assessment / Clearance Certificate, Income Tax Challans / TDS Certificate (Form 16A) / Form 26 AS for income declared in ITR.

Proof of Residence (any one)

• Valid passport
• Voter id card
• Driving license
• Postpaid utility bill (gas bill and electricity bill)
• Updated passbook or bank account statement
• Notarized registered rent agreement

Additional Documents

• Updated Passbook or bank account where the salary is credited for the last 6 months at least
• Educational documents of the student:
  • Copy of fee acknowledgement slip
  • Admission letter to the educational institutions
  • Passing certificate
  • School leaving certificate
  • High School Examination mark sheet

APPLY FOR AN EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Alappuzha

Before availing education loan Alappuzha, it is important to check the rates offered by various banks. To provide you with a hassle-free experience, Dialabank does that job for you. The advantages of considering Dialabank before taking an education loan Alappuzha are:

• No sort of fee is charged by our customers.
• Get expert advice and guidance.
• The process is time-saving with Dialabank.
• The Loan gets disbursed quickly.

Applying for an education loan is easy in Alappuzha with Dialabank. The steps that need to be followed for applying online are as follows:

• Visit Dialabank
• Click on the loan section and you can find the Education loan link.
• After clicking on the Education loan link, you will be directed to details of the Education loan and there you can select your preferred city.
• For more information and free guidance on the Education loan, you may call 9878981166.

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