Education Loan Mehsana

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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 Mehsana

Education Loan Mehsana

Education plays a vital role in the growth of an individual. Lack of money can lead to a lot of problems for a student and his family. Education loan Mehsana understands these problems, and that’s why they help by offering education loan schemes to them. This helps students to pursue their favourite courses in their dream college/university.

There are a lot of advantages and benefits associated with Education Loan Mehsana.

  • Easy Documentation and Speedy processing.
  • Lower and competitive rate of Interest.
  • Flexible repayment options and repayments start after 6 months of completion of the course.
  • Avail tax benefits under section 80(E) of the Income Tax Act 1961.
  • Quick approval with 24*7 customer care assistance.

Major Education Loan Providers in Mehsana

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 Mehsana

Types of Colleges in Mehsana

  • 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 Mehsana

  • Laljibhai Chaturbhai Institute Of Technology LCIT
  • SK Patel College of Pharmaceutical Education & Research, Kherva
  • Shree SK Patel College of Pharmaceutical Education and Research
  • Smt S B Patel Institute of Business Management, Visnagar
  • Sardar Patel Institute of Technology (SPIT), Mehsana
  • Gujarat Power Engineering Research Institute
  • Municipal Arts And Urban Science College (Science College), Mehsana
  • Pramukh Swami Science & H D Patel Arts College, Kadi
  • Smt Sharadben Shantibhai Patel Nootan Science and Commerce College, Visnagar
  • Sardar Vidya Bhavan Trust’s Pharmacy College, Mehsana

Top 10 Universities in Mehsana

  • GANPAT 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
  • 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 in relation to 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 Mehsana

  • Personal Documents:
    1. Age Proof
    2. Identity Proof
    3. Address Proof
    4. Photo and signature.
    5. Aadhar card, Pan Card, and Passport.
    6. Education loan form filled and signed by the applicant.
  • Academic Documents:
    1. Previous academic records.
    2. Proof of selection of the candidate in the college or university.
    3. Cost statement of study and course expenses.
  • Income Documents:
    1. Guarantor Form by someone in the family or who is in close relation with the applicant.
    2. Salary slips of the guardian with the date of joining.
    3. Bank Statements supporting the amount that individuals have applied.
  • Education Loan Mehsana Security Required
  1. No collateral or security is required up to Rs. 4 lakhs.
  2. Collateral security in the form of a third-party guarantee is needed when the loan amount is above 4 lakhs and up to 7.5 lakhs.
  3. Collateral security up to 100% of the loan or third party guarantee is required when the amount is above 7.5 lakhs.
  • Types of Collateral
  1. Land, building, or farms are acceptable.
  2. Public Sector bonds, KVP, LIC policies, shares, and bank deposits are also acceptable as collateral against the amount.

APPLY FOR AN EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Mehsana

Education loan Mehsana

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