Education Loan Berhampur
Education is the key to a successful life and a good education paves a path to prosperity in life. Education Loan Berhampur is providing great assistance to students in completing their dreams and pursuing higher education in the college/university of their choice. Education Loan Berhampur can be availed from various banks.
There are a lot of advantages and benefits associated with Education Loan Berhampur:
- Easy Documentation and Speedy processing.
- Lower and competitive rate of Interest.
- Flexible repayment options and repayments start after 6 months of completion of the course.
- Avail tax benefits under section 80(E) of Income Tax Act 1961.
- Quick approval with 24*7 customer care assistance.
Major Education Loan Providers in Berhampur
|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|
|Apply Online||SBI Education||HDFC Education Loan||Axis Education Loan|
Top Institutes for Education Loan in Berhampur
The desired degree from a reputed institute may be the dream of many students. But, securing such a degree may not be within the reach of many. A good education can be expensive, but it should not stop deserving students from pursuing their education. Educational loans can be highly beneficial in such cases. Mentioned below is some relevant information that a student must consider before applying to a College.
Types of Colleges in Berhampur:
- 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 Berhampur:
- Roland Institute of Pharmaceutical Science, Berhampur
- National Institute of Science and Technology
- Parala Maharaja Engineering College
- Vignan Institute of Technology and Management
- Sanjay Memorial Institute of Technology and Science
- Ganjam Law College
- Gandhi School of Engineering
- College of Fisheries
- Presidency College
- Indian Institute of Science Education and Research
Top 3 Universities in Berhampur:
- Berhampur University
- Khallikote University
- Gandhi Institute of Industrial Technology
|B.E, B.Tech||M.E, M.Tech|
|BDS, MBBS||MD, MS, MDS|
|BHM||PG Diploma in Hotel Management|
Types of Expenses covered by Education Loan Berhampur
|Expenses Covered||Courses Covered|
|Studying in India||Studying Abroad|
Documents Required for Education Loan Berhampur
Education Loan Berhampur provides a hassle-free and simple documentation process and helps the customer to avail Loan in a shorter period of time.
- Personal Documents:
- Age Proof
- Identity Proof
- Address Proof
- Photo and signature.
- Aadhar card, Pan Card, and Passport.
- Education loan form filled and signed by the applicant.
- Academic Documents:
- Previous academic records.
- Proof of selection of the candidate in the college or university.
- Cost statement of study and course expenses.
- Income Documents:
- Guarantor Form by someone in the family or who is in close relation with the applicant.
- Salary slips of the guardian with the date of joining.
- Bank Statements supporting the amount that individuals have applied.
If the applicant is a Self-Employed Individual
- Balance sheet and profit and loss account, computation of income for last 2 years.
- Income Tax Returns – last 2 years for Applicants, 26 AS, Traces
- Business proof: Gumasta 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.
How to Apply for Education Loan Berhampur
To apply for an Education Loan Berhampur, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at Dialabank. The process is very easy & handy. This involves only a few steps:
- Click here and fill the form.
- Compare personal loan offers from several banks and NBFCs on the Dialabank website.
- Check the eligibility and View the best offers available.
- After selecting the bank, fill out a form to process the loan application.
- Upload all the documents or schedule document pickup from home or office.
- After your documents are verified, the bank’s executive will give the applicant a verification call.
- The amount will get disbursed to the applicant’s account within 3-5 working days if the loan gets approved.
Table of Contents
- 1 Education Loan Berhampur
- 2 Major Education Loan Providers in Berhampur
- 3 Top Institutes for Education Loan in Berhampur
- 4 Courses Offered
- 5 Types of Expenses covered by Education Loan Berhampur
- 6 Documents Required for Education Loan Berhampur
- 7 How to Apply for Education Loan Berhampur