Education Loan Jamshedpur

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

Education Loan Jamshedpur

Financing your education loan Jamshedpur should never be a concern if you dream of pursuing higher education. Getting an education loan in Jamshedpur may not be simple but the complexity dawns much further in the loan process. To smoothen the process, it is crucial to understand the education loan structure.

The various types of educational loans in Jamshedpur are Under Graduate education loans, Postgraduate education loans, and Career growth education loans.

Major Education Loan Providers in Jamshedpur

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 crore 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
Loan for Abroad Studies Yes Yes Yes
Online Approval Yes Yes Yes
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Top Institutes for Education Loan in Jamshedpur

Types of Colleges in Jamshedpur

  • Architecture college
  • Law college
  • Science, Commerce, and Arts college
  • Physical education college
  • B.ED college
  • Engineering college
  • Bio-technology college
  • Medical college
  • Pharmacy college
  • Management college

Top 10 Colleges in Jamshedpur

  • National Institute of Technology
  • Ran Vijay Singh College of Engineering and Technology
  • Genius Institute of Information Technology
  • Jamshedpur Workers College
  • Jamshedpur Women’s College
  • ABM College
  • Xavier Labour Research Institute
  • Nettur Technical Training Foundation Jamshedpur
  • Ran Vijay Singh College of Engineering and Technology
  • Al Kabir Polytechnic

Top 10 Universities in Jamshedpur

  • National Institute of Technology
  • Birla Institute of Technology
  • Ranchi University
  • Central University of Jharkhand
  • Indian School of Mines
  • Sikkim Manipal University
  • Kolhan University
  • Nettur Technical Training Foundation
  • Ranchi University
  • State Board of Technical Education and Training

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 of the student
  • Cost of laptop or computer, if required for the course
  • Hostel or mess related charges
  • Entire tuition fee required
  • Library and laboratory related fees
  • Examination related fees
  • Accommodation related 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.

Education Loan Jamshedpur Documents/Security Required

The loan process is simple and online, but, the requirement might vary by lending organizations or banks. Also, some banks can be stringent in maintaining their terms and conditions for mandatory document submission. List of documents required:

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

Other documents required are:

  • Duly filled and signed education loan application form with affixed photographs
  • Copy of 10th and 12th standard mark sheets
  • Statement of cost of study and course expenses


APPLY FOR EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Jamshedpur

Education loan Jamshedpur

The lending institutions may grant the education loan to Jamshedpur at their discretion once they are convinced about the financial stability of the borrower.

Join us at the digital platform offered by DialaBank to get the best competitive education loan Jamshedpur interest rate from the best lending institutions.

  • Go to the Educational Loan Jamshedpur option to find out the loan options based on self-employed or self-employed professionals.
  • Fill in your details on our website to check eligibility.
  • Submit the required documents and then you can easily apply for an education loan in Jamshedpur.
  • Also, you can apply for an education loan from Jamshedpur offline by contacting our relationship manager and he will guide you further in the process.

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