Education Loan Machilipatnam

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Why Us?

Rates as low as 9.33%
Pre-Admission Loans
Study in India / Abroad
Doorstep Service
Unsecured Loan Available

Education Loan Machilipatnam

Education loan Machilipatnam brings you loans at the best attractive prices in the market. The interest rates on loans is quite less and the amount which can be avail by education loan Machilipatnam is also high enough to cater to your needs from education which will surely help you to build a future where all your dreams will come true. so apply now!

Major Education Loan Providers in Machilipatnam

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 Machilipatnam

Types of Colleges in Machilipatnam

Top 3 Colleges in Machilipatnam

Top Universities in Machilipatnam

Courses Offered

Types of Colleges in Machilipatnam

  • 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 3 Colleges in Machilipatnam

  • Daita Sriramulu Hindu College of Law
  • Krishna University
  • The Hindu College

Top Universities in Machilipatnam

  • Krishna 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

Expenses Covered Courses Covered
Studying in India Studying Abroad
  •  Till course completion all necessary expenses in relation to study tours, thesis, project work etc.
  • Insurance premium for the borrower for the loan
  • 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
  • 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 Machilipatnam

Category Description
List of Required Documents copies
  • Duly filled and signed application form with affixed photographs
  • 2 photographs of passport size
  • Copy of exam mark sheets of 10th/12th or latest education certificate
  • Statements of courses expenses/cost of study
  • Aadhar Card and Pan card of the student and Parent/Guardian
Age proof copies
  • Aadhar Card/Voter ID/Passport/Driving License
Identity Proof copies
  • Aadhar Card/Voter ID/Passport/Driving License
Residence Proof documents copies
  • Rental agreement/Bank statement of 6 months of the student or co-borrower/guarantor/Copy of Ration card/Gas Book/Electricity Bill/Tel Bill
Income Proof documents copies
  • Most recent Salary Slips or Form 16 of the parent/guardian/co-borrower
  • 6 months bank statement of the borrower or updated passbook of bank
  • Updated ITR of 2 years or IT assessment order of last 2 years of parent/co-borrower/guardian
  • Documents stating the assets and liabilities of the parent/co-borrower/guardian


APPLY FOR EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Machilipatnam

Education loan Machilipatnam

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