Education Loan Madhyamgram

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Rates as low as 9.33%
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Education Loan Madhyamgram

Education Loan Madhyamgram

With education becoming expensive, the need for an education loan is higher today than in the past. Madhyamgram, one of the cities of West Bengal, India offers abundant opportunities for students seeking higher education in and around the city. To address the needs of the students’ various banks present in the city provide low-interest education loans Madhyamgram that can be availed by every citizen of the country with minimum documentation and effort.

Major Education Loan Providers in Madhyamgram

Education Loan Criteria SBI Education Loan Axis Education Loan  HDFC Education Loan
Interest Rate 7.45% – 9.55% 8.55% – 10.5% 9.50% – 13.3%
Loan Amount up to 1.5 Crores up to 40 Lakhs up to 20 Lakhs
Tenure 15 years 15 Years 15 Years
Processing Fee up to 2.0% up to 15,000 up to 1.0%
Abroad Studies Yes Yes Yes
Approval Yes Yes Yes
Apply Online SBI Education Axis Education Loan HDFC Education Loan

Top Institutes for Education Loan Madhyamgram

Types of Colleges in Madhyamgram

  • 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 Madhyamgram

  • Institute of Technical Education college
  • Kingston Polytechnic college
  • Vivekananda college
  • BCDA College of Pharmacy
  • St. Pauls college
  • Madhyamgram correspondence college
  • Madhyamgram B.Ed. college
  • Camellia Institute of technology
  • Bishnupriya college of education

Top 5 Universities in Madhyamgram

  • Camellia Institute of Technology
  • Institute of Genetic engineering
  • JIS University
  • University of Engineering and Management
  • Presidency 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 Madhyamgram

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Books and other instrument costs
  • Insurance premium for the borrower
  • All other necessary expenses in relation to study tours, thesis, project work, etc.
  • Cost of laptop or computer, if required for the course
  • Entire tuition fee
  • Examination fee
  • Library and laboratory charges if applicable
  • Accommodation cost
  • Admission acceptance fee
  • Hostel or mess charges
  • 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 Madhyamgram

The loan process is simple with DialaBank, but the requirement might vary from bank to bank. The list of documents required for education loan Madhyamgram is as follows:

  • Last 3 Months Pay Slips
  • Last 2 year Balance Sheet including Profit and Loss Statement
  • PAN Card
  • Any address Proof
  • Last 6 Months Bank Statement of Salaried Account

Other documents required are:

  • Mark sheets of the previous exam
  • Statement of cost of study and course expenses.
  • Duly filled and signed education loan application form with 2 passport size photographs
  • Statement of the assets and liabilities of the borrower/ co-applicant.


Education loan Madhyamgram

How to Apply for Education Loan Madhyamgram

Since various banks offer different rates of interest it is an important step to check across the banks before you avail of education loan Madhyamgram. This can be difficult and hectic for you. So, to make things easy, DialaBank does that job for you. The advantages of considering DialaBank before taking an education loan Madhyamgram are:

  • Hassle-free experience
  • Time-saving procedure
  • No extra fees are charged from our customers.
  • Expert advice and guidance within no time.

Applying for an education loan Madhyamgram is easy with DialaBank. The steps that need to be followed for applying online are as follows:

  • Go to Dialabank
  • The page will require you to fill in your details like name, mobile, location, and net monthly income.
  • Choose an education loan from the options given in the box.
  • Accept that you have read the privacy policy and click on “Request a quote”.
  • You will be provided with the best deals by DialaBank according to your need for an education loan Madhyamgram.

Education Loan In Other Cities

Education Loan Bardhaman
Education loan Asansol
Education Loan Secunderabad Education loan Bareilly
Education Loan Raurkela Education Loan Anand

FAQ on Education Loan 

✅ In whose name is the loan granted?

The loan is specially made for a student’s education and therefore, it is granted in the name of the student.

✅ What is the age limit for availing of an Education Loan?

There is no age limit restriction in education loans. However, the student must clear all the eligibility criteria’s stated by the bank.

✅ What does margin on any loan mean?

The margin amount means that a borrower has to pay through his/ her own income sources in form of a down payment as his/ her contribution towards the education.