Education Loan Bihar Sharif

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Rates as low as 9.33%
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Study in India / Abroad
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Education Loan Bihar Sharif

About Education Loan Bihar Sharif

Education is one of the essential investments any person makes in their life. However, with the increasing cost of education, it has become necessary to take out an education loan.

Education can take place in formal or informal settings, and any experience that has a formative effect on the way one thinks feels, or acts may be considered educational.

Both students and their parents can apply for it, and the application process is straightforward. In addition, Indian banks are offering various education loan schemes. These schemes are available for every citizen of India, regardless of the college or study program. It covers the costs of graduation and post-graduation programs, and other verified courses.

Major Education Loan Bihar Sharif Banks Provides

Education Loan Criteria Axis Education Loan Avanse Education Loan SBI Education Loan
Interest Rate 8.55%-10.5% 10%- 16.50% 7.45%
Loan Amount Up to 40 Lakhs Up to 25 Lakhs Up to 1.5 Crores
Tenure Up to 15 Years of Repayment Up to 10 Years of Repayment Up to 15 Years of Repayment
Processing Fee Up to 15k 2.00% 2.00%
Loan For Abroad Studies Yes Yes Yes
Online Approval Yes Yes Yes
Apply Online Apply For Axis Education Loan Apply For Avanse Education Loan Apply For SBI Education Loan

Top Institutes for Education Loan in Bihar Sharif

Types of Colleges in Bihar Sharif

  • 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 Bihar Sharif

  • NC -Nalanda College
  • KC -Kisan college
  • SSC- Swami Sahjanand college
  • Shree Krishnan Jubilee Law College
  • Nalanda Mahila College
  • RLSY college
  • Patna Dental College
  • Patna medical college
  • Shri Krishna medical college
  • KK university

Top 5 Universities in Bihar Sharif

  • KK University
  • Nalanda University
  • Nawada Vidhi Mahavidhyalaya
  • Indian Institute of technology
  • National Institute of fashion technology

Courses Offered:

Courses Offered
B.Sc M.Sc
B.Com M.Com
B.E, B.Tech M.E, M.Tech
B.Pharm. M.Pharm.
BHM PG Diploma in Hotel Management
B.Arch M.Arch

Types of Expenses covered by Education Loan

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Books, equipment, and instrument cost
  • Cost of laptop or computer, if required for the course
  • Hostel or mess charges
  • Entire tuition fee
  • Library and laboratory fees
  • Examination fees
  • Accommodation cost, if there is any
  • Admission acceptance fee
  • All other necessary expenses about 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 Bihar Sharif

Education loan Bihar Sharif Documentation is an important process that banks do before applying for your education loan. To go through valid documentation, make a checklist of documents. Following are the most important documents required for applying for an Education loan Bihar sharif

  • Letter of admission
  • Filled in Loan Application Form
  • 2 passport size photographs
  • Statement of cost of study
  • PAN Card of the Student and Parent/ Guardian
  • AADHAR Card of the Student and Parent/ Guardian
  • Proof of identity (Driving Licence/Passport/Aadhar/ any photo identity)
  • Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill)
  • Student/Co-borrower/ guarantor’s bank account statement for last 6 months
  • IT return/ IT assessment order, of previous 2 years of Parent/ Guardian/ co-borrower (if IT Payee)
  • Brief statement of assets & liabilities of Parent/ Guardian/ co-borrower
  • Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ co-borrower


How to Apply for Education Loan Bihar Sharif

Education loan Bihar sharif

you can apply for Education Loan Bihar Sharif online and offline. The online medium is more convenient and easily accessible.

For offline, you have to visit the nearest bank branch to get information about the education loan Bihar Sharif scheme. The customer relationship manager will provide all offers on education loans.

For online, you have to click on the website of the Dialabank portal; click on the education loan tab.

To apply online with Dialabank, follow these steps:

  • Click on this link Education loan¬†
  • Fill the details
  • Check the details filled
  • Submit on “Get the best offers.”

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