Education Loan Bokaro
Bokaro is known as Steel city, but nowadays it is becoming an educational hub also as students from various fields are trying to grow in their career and Education Loan Bokaro is providing them financial support, making them self-reliant and giving them a chance to pursue their goals.
There are a lot of advantages and benefits associated with Education Loan Bokaro:
- Students become financially independent as the bank pays for all their fees during their educational courses.
- Students immediately get money, and this reduces the burden of arranging money on short notice.
- 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.
- Customer Relationship Manager support 24*7.
Major Education Loan Providers in Bokaro
|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 Bokaro
The desired degree from a reputed institute may be the dream of many students. But, securing such a degree may not be within 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 Bokaro:
- 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 Bokaro:
- Bokaro Steel City College, Bokaro
- Krishna Ballav College, Bokaro
- Guru Gobind Singh Educational Society’s Technical Campus, Bokaro
- HGEA College of Pharmacy, Bokaro
- Indian Institute of Technology, Dhanbad
- Department of Management Studies, Dhanbad
- Birla Institute of Technology, Dhanbad
- KK College of Engineering and Management, Dhanbad
- PK Roy Memorial College
Top 10 Universities in Bokaro:
- Government Polytechnic, Khatri
- Government Women’s Polytechnic, Bokaro
- HGEA College of Pharmacy, Bokaro
- Jabba Singh Memorial College, Phusro
- Chas Mahila College, Chas
- Bright Institute of Technology & Management (BITM), Bokaro
- Imamul hai Khan Law College, Bokaro
- Ram Vijay Smarak College, Bokaro
- School of Nursing Bokaro General Hospital, Bokaro
- BB Amina Womens College, Bokaro
- Krishna Ballav College, Bermo
|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 Bokaro
|Expenses Covered||Courses Covered|
|Studying in India||Studying Abroad|
Documents Required for Education Loan Bokaro
Education Loan Bokaro 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 Bokaro
To apply for an Education Loan Bokaro, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at Dialabank.com. The process is straightforward & 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.
- If the loan gets approved, the amount will get disbursed to the applicant’s account within 3-5 working days.