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

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

Education Loan Machilipatnam

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

  • Architecture college
  • Law college
  • Science, Commerce, and Arts college
  • Physical education college
  • B.ED college
  • Engineering college
  • Biotechnology 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
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

Expenses Covered Courses Covered
Studying in India Studying Abroad
  •  Till course completion, all necessary expenses with 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 the 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


How to Apply for Education Loan Machilipatnam

  • Go to Dialabank to learn about education loans and get an education loan from Machilipatnam.
  • Select Education Loan Machilipatnam for availing of the loan from the options.
  • Check out all the eligibility and documents which are required for an education loan Machilipatnam.
  • Please fill out all the details required, and our representative will soon contact you when you are done.
  • For an offline loan, don’t hesitate to contact our relationship manager or visit our nearest branch.

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