Education Loan Jayanagar

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

Education Loan Jayanagar

Every child needs a quality education in order to lead a complete, successful, and comfortable life. Unfortunately, such education comes at a cost that not everyone who deserves it can afford. That is where education loans come into play. Education loans are funds offered by banks and financial institutions to meritorious students to help them pursue their dream courses.

Parents spend their whole life savings to educate their children. But still in India getting into one of the top premier institutions where companies visit is a dream for most of the students, due to its high cost.

At this time banks play a crucial role and also they help students educate without any disturbance. The educational loan helps many people in their tough times to complete their education.

Major Education Loan Providers in Jayanagar

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 1.5 Crores Up to 20 Lakh Up to 40 Lakh
Loan Tenure Up to 15 Years Up to 15 Years Up to 15 Years
Loan 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
Apply SBI Education Loan HDFC Education Loan Axis Education Loan

Top Institutes for Education Loan Jayanagar

Types of Colleges in Jayanagar

  • 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 Jayanagar

  • NMKRV college for women.
  • Sri Bhagawan Mahaveer Jain College.
  • International College Of Science & Information
  • RV College of Engineering.
  • Don Bosco Institute of technology.
  • City College.
  • BSVP Arts N Commerce College for women.
  • Bangalore University.
  • Acharya Institute of Health Sciences.
  • The National Degree college.

Top 10 Universities in Jayanagar

  • Bangalore University.
  • Jain University.

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 Jayanagar

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 the 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 the USA, etc.

Documents Required for Education Loan Jayanagar

One of Bank of Baroda’s most popular loan products is the education loan, for all types of education needs school education, higher education in India, higher education overseas, executive programs in India, or executive development programs abroad, whatever the case might be. Today education is a must in building a strong career and a better future for the country.

  1. Letter of Admission.
  2. Two recent passport size photographs.
  3. Filled in the Loan Application form.
  4. Statement of Cost of Study.
  5. Previous education certificates.
  6. AADHAR Card of the student as well as Parent/Guardian.
  7. PAN Card of the student as well as Parent/Guardian.
  8. Student/Co-borrower/guarantor’s bank account statement for the last 6 months.

If the applicant is a Self-Employed Individual

  • Balance sheet and profit and loss account, computation of income for the last 2 years.
  • Income Tax Returns – last 2 years for Applicants.
  • Business proof: 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.

Additional Documents

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

How to Apply for Education Loan Jayanagar

Education loan Jayanagar

1. Visit Dialabank.

2. Click on the loan section and you can find the Education loan link.

3. After clicking on the Education loan link, you will be directed to details of the Education loan and there you can select your preferred city.

4. For more information and free guidance on the Education loan, you may call 9878981166.

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