Education loan Mahaboobnagar

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

Education loan Mahaboobnagar

About Education Loan Mahaboobnagar

Education is an essential tool for upliftment in career growth and development. The financial assistance provided by the banks to the deserving students who have excellent and meritorious achievements in academic knowledge. The loans act as a supporting tool for those bright students who lack financial assistance for achieving higher education. Education loan Mahaboobnagar is the loan provided to students as financial assistance for higher studies and any other educational need. The loan is provided with a moratorium period which means a student can repay after their education is completed. Various banks are there to provide educational loans in Mahaboobnagar.

Education Loan Mahaboobnagar

Major Education Loan Bank Providers in Mahaboobnagar


SBI Education Loan

HDFC Education Loan

Axis Education Loan

Avanse Education Loan

Interest Rate  7.45% – 9.55%  9.50% – 13.3%  8.55% – 10.5%  10% – 16.50%
Loan Amount Loan up to 1.5 Crores Loan up to 20 Lakh Loan up to 40 Lakh Loan up to 25 Lakh
Tenure Up to 15 Years of Repayment Up to 15 Years of Repayment Up to 15 Years of Repayment Up to 10 Years of Repayment
Processing Fee Up to 2.0% Up to 1.0%  Up to 15k  Up to 2.0%
Loan For Abroad Studies Yes Yes Yes Yes
Online Approval  Yes Yes Yes Yes
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Top Institutes for Education Loan in Mahaboobnagar

Types of Colleges in Mahaboobnagar Top 5 Colleges in Mahaboobnagar Top 5 Universities in Mahaboobnagar
  • 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
  • Hasta Institute of science and technology
  • Jayaprakash Narayan College
  • Shri Visvesariya Institute of technology
  • Shri Kottam Tulsi Reddy Memorial college
  • Government Polytechnic college
  • Palamuru University
  • Shri vesvaraya Institute
  • Hasta Institute
  • Harshith Group of Institutions
  • Osmania 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 Mahaboobnagar

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 concerning 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 Mahaboobnagar

The banks require additional documents such as the admission letter of the institution, fee structure, Class X, XII, and graduation (if applicable) mark sheets. Also required are the income documents such as salary slips or income-tax returns (ITR) of the co-applicant.

  •  Letter of admission
  • Filled in Loan Application Form
  • 2 passport size photographs
  • Statement of cost of study
  • PAN Card of the Student and Parent/ Guardian
  • AADHAR Card of the Student and Parent/ Guardian


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


How to Apply for Education Loan Mahaboobnagar

You can apply for an education loan Mahaboobnagar with Dialabank online with minimum documentation and avail of the extra benefits. the various rate of interest offers by different banks, and Dialabank provides you with awesome offers. Benefits of applying with Dialabank:

  • Less cost
  • Time-saving
  • Instant approval
  • Best offers


Applying for an education loan in Parbhani is easy with Dialabank. The steps  are as follows:

  • Go to Dialabank
  • The page will require you to fill in your basic details like name, mobile, location, and net monthly income.
  • Then, select an education loan from the options below.
  • Accept the I have read the privacy policy and click on “Request a quote”.
  • You will be provided with the best deals on education loans by DialaBank according to your need.
  • You can also apply offline by visiting the nearest bank branch and discussing education loans with the customer relationship manager.


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