Education loan Ballia

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Education loan Ballia

About Education Loan Ballia

An education loan is a sum of money borrowed to finance college or other school-related expenses. Payments are often deferred while students are in school and for a six-month grace period after graduation.

Education loan Ballia is a loan made for students. The loan amount is enough to cover all your educational expenses, starting from books and instruments, to accommodation and other college charges. Both students and their parents can apply for it, and the application process is very simple. Indian banks are offering various education loan schemes. These schemes are available for every citizen of India, regardless of the college or study program he/she has chosen. It covers the costs of graduation and post-graduation programs and other verified courses.

Major Education Loan Ballia Banks Provides

Education Loan Criteria SBI Education Loan HDFC Education Loan Axis Education Loan
Interest Rate 7.45% – 9.55% 9.50% – 13.3% 8.55% – 10.5%
Loan Amount up to 1.5 Crores up to 20 Lakhs up to 40 Lakhs
Tenure 15 years 15 Years 15 Years
Processing Fee up to 2.0% up to 1.0% up to 15,000
Abroad Studies Yes Yes Yes
Approval Yes Yes Yes
Apply Online SBI Education HDFC Education Loan Axis Education Loan

Top Institutes for Education Loan Ballia

Types of Colleges in Ballia

  • Engineering college
  • Biotechnology college
  • Medical college
  • Pharmacy college
  • Management college
  • Architecture college
  • Law college
  • Science, Commerce, and Arts college
  • Physical education college
  • B.ED college

Top 10 Colleges in Ballia

  • Dr. Ram Manohar Lohiya Maha Vidyalaya
  • MD Shahbehen memorial PG college
  • Prithvi Shiv Kisan Mazdoor balika PG College
  • Shivraj Smarak Mahavidyalaya
  • Shri ram Karan PG College
  • Udit Narayan Rishabh Mahavidyalaya
  • Hari Shankar Parsad Law college
  • Shri Narheji Law college
  • Kisan PG College
  • Narsee Monjee Institute of Management Studies

Top 5 Universities in Ballia

  • Jayanayak Chandra shekhar University
  • Kunwar Singh College
  • Dr. Ram manohar Lohiya Mahavidyalaya
  • Udit Narayan Rishabh Mahavidyalaya
  • Narsee Monjee Institute of Management Studies

Courses Offered

Courses Offered
UG PG
B.A M.A
B.Sc M.Sc
B.Com M.Com
B.E, B.Tech M.E, M.Tech
BDS, MBBS MD, MS, MDS
B.Pharm. M.Pharm.
BBA MBA
LLB LLM
BHM PG Diploma in Hotel Management
B.Arch M.Arch

Types of Expenses covered by Education Loan Ballia

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Entire tuition fee
  • Books, equipment, and instrument cost
  • Cost of laptop or computer, if required for the course
  • Hostel or mess charges
  • Library and laboratory fees
  • Examination fees
  • Accommodation cost, if there is any
  • Admission acceptance fee
  • All other necessary expenses in relation to study tours, thesis, project work etc. till the course completion
  • Insurance premium for the borrower
  • Professional/ technical/ regular diploma/ degree/ Graduation/ Post-Graduation courses from UGC/ AICTE/ IMC/ ICMS/ AIBMS/ ICMR/ Govt. approved institute or IIT/ IIM, IISC/ NIFT/ XLRI etc.
  • Engineering, Aeronautical, Medical, Veterinary, Dental, Law, Computer, Management, teacher training, nursing courses etc.
  • Courses such as CA, CFA, ICWA
  • Professional/ Job-centric/ technical/ diploma/ degree/ Graduation/ Post-graduation courses such as MBA/ MCA/ MS etc.
  • Courses from CIMA UK, CPA in the USA etc.

Documents Required for Education Loan Ballia

Any hardcore paperwork is important for education loans Ballia documentation. Though the process is simple and online, however, the requirement might vary by lending organizations or banks. In addition, some banks can be very strict in maintaining their terms and conditions with respect to mandatory documents submission. If no documents are submitted, the application may be rejected. List of education loan Ballia documents:

  • Duly filled and signed education loan form with affixed photographs
  • 2 passport sized photographs
  • Copy of 10th and 12th standard mark sheets
  • Statement of cost of study and course expenses
  • Government ID and Pan Card of student and parents/guardian
  • Proof of age – Aadhaar card, voter ID, passport, driving license
  • Proof of identity – Voter ID, Aadhaar card, passport, driving license
  • Proof of residence – Utility bill, rental agreement, last 6 months bank statement of the student or parent, gas book, ration card, telephone bill

APPLY FOR AN EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Ballia

Education loan Ballia

Before applying for an education loan you have to first check the eligibility and valid documents required for applying for an education loan. There are many banks provide various interest rates on education loan. With Dialabank you may get the best offer suitable for you.

To apply offline, you need to visit the nearest branch of the bank and ask about education loan offers from Customer relationship management.

To apply online you have to follow these steps:

  • Click on this link Education Loan
  • Check your eligibility
  • Fill your details
  • Submit to “get the best offers”

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