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.
Major Education Loan Bank Providers in Mahaboobnagar
| Parameters | ||||
| 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 |
| Apply Now | Apply Now | Apply Now | Apply Now | Apply Now |
Top Institutes for Education Loan in Mahaboobnagar
| Types of Colleges in Mahaboobnagar | Top 5 Colleges in Mahaboobnagar | Top 5 Universities in Mahaboobnagar |
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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 Mahaboobnagar
| Expenses Covered | Courses Covered | |
| Studying in India | Studying Abroad | |
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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
APPLY FOR AN EDUCATION LOAN AT 9.50%
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.
Education Loan for Other Cities
| Education Loan Hindupur | Education loan Dharmavaram |
| Education Loan Guntur | Education Loan Chittoor |
| Education Loan Gudivada | Education Loan Bhimavaram |
| Education loan Eluru | Education Loan Anantapur |
