Education Loan Jabalpur

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

Education Loan Jabalpur

Jabalpur, one of the cities of Madhya Pradesh, is home to various opportunities for students in and around the state. Education is every childs’ necessity. But, seeking admission to top colleges has become difficult owing to the high admission fee rates. Thus, getting an education loan is now necessary than any time before. To cater to such needs, almost all major banks and NBFCs operating in the city provide education loan Jabalpur to the students at reasonable interest rates and hassle-free documentation.

Major Education Loan Providers in Jabalpur

Education Loan Criteria HDFC Education Loan Axis Education Loan Avanse Education Loan
Interest rate 9.50%-13.3% 8.55%-10.5% 10%-16.50%
Loan Amount Up to 20 Lakh Up to 40 Lakhs Up to 25 lakhs
Tenure Up to 15 Years Up to 15 Years Up to 10 Years
Processing Fee Up to 1.0% Up to 15k 2.0
Loan For Abroad Studies Yes Yes Yes
Online Approval Yes Yes Yes
Apply Online HDFB Education Loan Axis Education Loan Avanse Education Loan

Top Institutes for Education Loan Jabalpur

Types of Colleges in Jabalpur

  • 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 Jabalpur

  • Hitkarini Dental College And Hospital
  • Indian Institute Of Information Technology Design And Manufacturing
  • Jawaharlal Nehru Krishi Vishwa Vidyalaya
  • Jabalpur Engineering College
  • Lakshmi Narain College Of Technology
  • Oriental Institute Of Science And Technology
  • Gyan Ganga College Of Technology
  • Gyan Ganga Institute-Of Technology and Sciences
  • Takshshila Institute Of Engineering And Technology
  • Hitkarini College Of Engineering And Technology

Top 10 Universities in Jabalpur

  • Rani Durgavati Vishwavidyalaya
  • PDPM Indian Institute of Information Technology, Design, and Manufacturing
  • Jawaharlal Nehru Krishi Vishwavidyalaya
  • Nanaji Deshmukh Veterinary Science University
  • St. Aloysius College
  • Oriental Institute of Science & Technology
  • Netaji Subhash Chandra Bose Medical College
  • Dr Radhakrishnan College Of Education
  • State Institute Of Science Education
  • GS College of Commerce & Economics

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 Jabalpur

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Library and laboratory fees
  • Expenses about study tours, thesis, project work, etc. till the course completion
  • Examination fees
  • Accommodation costs, including Hostel and Mess fees
  • Books, equipment, and instrument cost
  • Cost of laptop or computer, if required for the course
  • Entire tuition fee
  • Admission acceptance fee
  • 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, Hotel 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 Jabalpur

The loan process is simple with Dialabank, but the requirement might vary from bank to bank.

The list of documents required for education loan Jabalpur are as follows:

  • PAN Card
  • Address Proof (Aadhar Card or Gas Bill or Electricity Bill or Voter Id card or Driving License)
  • Last 6 Months Bank Statement of Salaried Account
  • Last 3 Months Pay Slips
  • Last 2-year ITR
  • Last 2 year Balance Sheet including Profit and Loss Statement

Other documents required are:

  • Duly filled and signed education loan application form with 2 passport size photographs
  • Mark sheets of the previous exam
  • Statement of cost of study and course expenses.
  • Statement of the assets and liabilities of the borrower/ co-applicant.


Education loan JabalpurHow to Apply for Education Loan Jabalpur

Applying for an education loan in Jabalpur is easy with DialaBank. The steps that need to be followed for applying online with DialaBank are as follows:

  • Visit
  • The page will require you to fill in your name, mobile, location, and net monthly income.
  • Select an education loan from the options given in the box.
  • Accept that you have read the privacy policy and click on “Request a quote”.
  • You will be provided with the best deals by DialaBank according to your need for an education loan in Jabalpur.

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