Education Loan Chandrapur

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

Education Loan Chandrapur

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 Loan Chandrapur come into play. Education loans are funds offered by banks and financial institutions to meritorious students to help them pursue their dream courses. Banks play a crucial role, and also they help students educate without and disturbance.

The Education Loan Chandrapur helps many people of the city in their tough times to complete their education.

Major Education Loan Providers in Chandrapur

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 Lakh Up to 40 Lakh
Tenure Up to 15 Years Up to 15 Years Up to 15 Years
Processing Fee Up to 2.0% Up to 1.0% Up to 15k
Studies Abroad Yes Yes Yes
Online Approval Yes Yes Yes
Apply SBI Education Loan HDFC Education Loan

Axis Education Loan

Top Institutes for Education Loan Chandrapur

Types of Colleges in Chandrapur

  • 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 Chandrapur

  • Purushotamdas Bagla Homoeopathic Medical College.
  • Priyadarshani Yashodhara College of Pharmacy.
  • Government College of Engineering.
  • Renaissance Institute of Management Studies.
  • Rajiv Gandhi College of Engineering, Research, and Technology.
  • Scholars Search Polytechnic College.
  • Rashtrapita Mahatma Gandhi Arts Commerce College.
  • Guru Nanak College Of Science.
  • Chandrapur Engineering College.
  • Sardar Patel Mahavidyalaya.

Top 10 Universities in Chandrapur

  • Amravati University Bharti Vidyapeeth (Deemed University).
  • Fisheries Education (Deemed University).
  • Datta Meghe Institute of Medical Sciences (Deemed University).
  • Deccan College Postgraduate and Research Institute (Deemed University).
  • Dr. Babasaheb Ambedkar Marathwada University.
  • Dr. Babasaheb Ambedkar Technological University.
  • Dr. Panjabrao Deshmukh Krishi Vidyapeeth.
  • Dr. D.Y. Patil Vidyapeeth (Deemed University).
  • Gokhale Institute of Politics & Economics (Deemed University).
  • Homi Bhabha National Institute (Deemed University).

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

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 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 Chandrapur

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 Loan Chandrapur. Understands that some financial push by means of an education loan or student loan can go a long way in helping someone achieve a better life that comes with education and good academic background. And so, it offers loans for education at the most competitive rates among all banks. It has also kept the documentation process for Education Loan Chandrapur is extremely simple. The following documents and relevant copies:

Proof of Identity

  • Voter ID card/Driving License/ Passport/Pancard.
  • Government department ID card.
  • Aadhar Card or Aadhar enrolment number.
  • The parent’s latest salary slip showing all the deductions.
  • Form 16, along with the latest salary certificate.
  • Last 2 year’s IT returns of the past 2 years.
  • 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.
  • Business proof:  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

  • 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.
  • 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 Chandrapur

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

Education Loan In Other Cities

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FAQ for Education Loan 

 What is the maximum amount of time I have to pay back my education loan?

Your loan can be repaid over a period of up to 6 years.

What is the maximum amount of money that may be borrowed for an education loan?

If you are studying in India, you can take out a loan of up to Rs. 25 lakh. You can get a loan of up to 30 lakhs if you want to study abroad.

What is the rate of interest on a student loan?

Our Personal Loan for Education interest rates is reasonable and affordable. Rates start at 10% and go up from there.