Education Loan Jalandhar
With education becoming expensive, the need for an education loan is higher today than at any time before. Jalandhar, one of the cities of Punjab, has abundant opportunities for students seeking higher education. Some of the finest universities of India like LPU, DAV college are located in Jalandhar. To cater to the needs of the students and to prevent hindrance in their success, various banks provide low-interest education loans that can be availed by every citizen of the country with minimum documentation and efforts.
Major Education Loan Providers in Jalandhar
|Interest Rate||7.45% – 9.55%||9.50% – 13.3%||8.55% – 10.5%||Interest Rate 10% – 16.50%|
|Loan Amount||Loan up to 1.5 Crores||Loan up to 20 Lakh||Loan up to 40 Lakh||Loan up to 25 Lakh|
|Tenure||Up to 15 Years of Repayment||Up to 15 Years of Repayment||Up to 15 Years of Repayment||Up to 10 Years of Repayment|
|Processing Fee||Up to 2.0%||Up to 1.0%||Up to 15k||Up to 2.0%|
|Loan For Abroad Studies||Yes||Yes||Yes||Yes|
|Apply Now||Apply Now||Apply Now||Apply Now|
Top Institutes for Education Loan Jalandhar
|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 Jalandhar
|Expenses Covered||Courses Covered|
|Studying in India||Studying Abroad|
Documents Required for Education Loan Jalandhar
- Education Loan Jalandhar application form should be complete.
- Previous examination/ academic performance mark sheets to be submitted.
- Proof of admission and any scholarship provided studentship, etc. from the concerned college.
- List of expenses essential for the completion of the course.
- 2 passport size photographs.
- PAN Card of both the student and the Parents/ Guardian.
- Statement of the bank of the borrower for the last six months.
- Income tax Returns/ IT assessment order, of previous 2 yrs (If IT Payee).
- Co-applicants are required for the loan.
- Statement of all the assets and liabilities of the borrower.
- Statement of Income (i.e. Salary slips/ Form 16 if applicable)
- In-case of a loan greater than 7.5 lakh, collateral security is required.
How to Apply for Education Loan Jalandhar
Checking the rates of education loan Jalandhar is important before you apply for it. Various banks offer different rates of interest on loans. This is where DialaBank does that job for you. The advantages of considering DialaBank for taking education loan Jalandhar are:
- No extra fees charged from our customers.
- Quality advise and guidance from our experts.
- Time-saving process.
- Loan disbursement within no time.
Applying for an education loan in Jalandhar is easy with DialaBank. The steps are as follows:
- Go to dialabank.com
- The page will require you to fill in your basic details like name, mobile, location, and net monthly income.
- Then, select an education loan from the options below.
- You will be provided with the best deals on education loan Jalandhar by DialaBank according to your need.
Table of Contents
- 1 Education Loan Jalandhar
- 2 Major Education Loan Providers in Jalandhar
- 3 Top Institutes for Education Loan Jalandhar
- 4 Courses Offered
- 5 Types of Expenses covered by Education Loan Jalandhar
- 6 Documents Required for Education Loan Jalandhar
- 7 How to Apply for Education Loan Jalandhar