Education Loan Gangtok

Education Loan Gangtok

Education is the key to a successful life and a good education paves a path to prosperity in life. Education Loan Gangtok is providing great assistance to students in completing their dreams and pursuing higher education in the college/university of their choice. Education Loan Gangtok can be availed from various banks.

There are a lot of advantages and benefits associated with Education Loan Gangtok

• Easy Documentation and Speedy processing.
• Lower and competitive rate of Interest.
• Flexible repayment options and repayments start after 6 months of completion of 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 Gangtok

SBI Education Loan	HDFC Education Loan	Axis Education Loan
Interest Rate 7.45% – 9.55%	Interest Rate 9.50% – 13.3%	Interest Rate 8.55% – 10.5%
Loan Upto 1.5 Crores	Loan Up to 20 Lakhs	Loan Up to 40 Lakhs
Up to 15 Years of Repayment	Up to 15 Years of Repayment	Up to 15 Years of Repayment
Processing Fee Upto 2.0%	Processing Fee Upto 1.0%	Processing Fee Upto 15 K
Loan for Abroad Studies	Loan for Abroad Studies	Loan for Abroad Studies
Online Approval	Online Approval	Online Approval

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Top Institutes for Education Loan in Gangtok

Types of Colleges in Gangtok
Top 10 Colleges in Gangtok
Top 10 Universities in Gangtok
Courses Offered
Types of Colleges in Gangtok

• Engineering college
• Bio-technology 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 Gangtok

• Damber Singh College, Gangtok
• Sikkim Manipal Institute of Medical Sciences, Gangtok
• SIKKIM MANIPAL UNIVERSITY OF HEALTH , MEDICAL AND TECHNOLOGICAL SCIENCES
• Sikkim Manipal Institute of Technology
• Institute of Hotel Management (IHM), Gangtok
• Institute of Hotel Management Catering Technology and Applied Nutrition, Sikkim
• Vinayaka Mission Sikkim College Of Arts And Science, Gangtok

Top 10 Universities in Gangtok

• Sikkim Manipal Institute of Technology
• Institute of Hotel Management (IHM), Gangtok
• Institute of Hotel Management Catering Technology and Applied Nutrition, Sikkim
• Narsee Monjee Institute of Management & Higher Studies
• Bhaba Atomic Research Centre

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 Gangtok

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 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 USA etc.

Documents Required for Education Loan Gangtok

When you are applying for a Education loan Gangtok, you simply need to make sure you have the following documents and relevant copies:

Proof of Identity

• Voter ID card
• Driving License
• Passport
• PAN Card
• Government department ID card
• Aadhar Card or Aadhar enrolment number

Proof of Income

• The parent’s latest salary slip showing all the deductions, or
• Form 16 along with latest salary certificate
• Last 2 year’s IT returns of past 2 years or
• In case of self-employed individual,

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: Gomasta 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 (any one)

• 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

Additional Documents

• Updated Passbook or bank account where the salary is credited for 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 EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Gangtok

To apply for a Education Loan Gangtok, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com. The process is very easy & handy. This involves only a few steps:

• Click here and fill the form.
• Relationship Manager Will Call applicant in Next 2 Working Hours.
• Compare personal loan offers from several banks and NBFCs on the DialaBank website.
• Check the eligibility and View the best offers available.
• Select the desired bank or keep in contact with the Relationship Manager of DialaBank for more assistance.
• 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.