Education Loan for Engineering

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Why Us?

Rates as low as 9.33%
Pre-Admission Loans
Study in India / Abroad
Doorstep Service
Unsecured Loan Available

Education Loan for Engineering

All about Education Loan for Engineering

Education Loan for Engineering

Engineering is one of the most demanding courses in this 21st century. The Art of Creating Ideas, Constructing Visions, and Connecting World is tempting the students to join Engineering Courses. High pay scale, Rapid Growing Opportunities and a profile with “Name and Fame” are some reasons for the popularity of Engineering. If you dream to Innovate Technology, then don’t ruin your dreams because of Financial Constraints. Whether it is B.Tech. or M.Tech, You can avail of an Education Loan.

“Engineers like to Solve the Problems, and we will solve your financial problems.”

Cheapest Education Loan for Engineering @ 9.33%

What is Education Loan?

Education Loan is a financial help offered by the Banks and NBFCs to help a scholar in pursuing Expensive Education. Different Banks in India offers finance which may vary according to the university or college and customers’ requirement. For studies within India, banks offer a maximum Education Loan amount of up to 10 lakh rupees, and for abroad studies, it is up to 20 lakh rupees. It may vary according to the banks or NBFCs.

Documents Required for Education Loan

SALARIED Latest 2 Salary Slips carrying the date
Latest 6 Months Bank Statement of the Salary Account.
SELF-EMPLOYED Last 2 Year ITR with Computation of Income
Last 2 Years Audited Balance Sheet
Last 6 Months Bank Statement
Proof of Turnover (Latest Sales / Service Tax Return)
SELF-EMPLOYED PROFESSIONALS Last 2 Year ITR with Computation of Income
Last 2 Years Audited Balance Sheet / P& L
Last 6 Months Bank Statement
Proof of Qualification
OTHERS Completed Application Form

Latest Photograph (Signed Across)

Education Loan Eligibility Criteria:

  • You need to be a Resident Indian
  • You should be aged between 16 – 35 yrs.
  • COLLATERAL is required for all loans greater than Rs. 7.5 Lakhs.
  • All Loans require a co-applicant.

Avail the Best Education Loan for Engineering with the help of on Lowest Interest Rates with Easy norms and Flexible schemes. Fulfil your dream of pursuing higher education and live a stable, comfortable and happy life. Enjoy the personalized and Doorstep Services of Dialabank.