Education Loan Morbi

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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 Morbi

Education Loan Morbi

Every child needs a quality education in order to lead a complete, successful, and comfortable life. Unfortunately, education comes at a cost that not everyone can afford. This is why  Education Loan Morbi is so important today. Morbi is home to various opportunities for students seeking higher education. To address the needs of the students’ various banks present in the city provide low-interest Education Loan Morbi that can be availed by every citizen of the country with hassle-free documentation.

Major Education Loan Providers in Morbi

Education Loan Criteria

SBI Education Loan

HDFC Education Loan

Axis Education Loan

Interest Rate 7.45% 9.50%-13.3% 8.55%-10.5%
Loan Amount Up to 1.5 Crores Up to 20 Lakhs Up to 40 Lakhs
Tenure Up to 15 Years Up to 15 Year Up to 15 Years
  Processing Fee 2.00% 1.0% 15k
Loan For Abroad Studies Yes Yes Yes
Online Approval Yes Yes Yes
Apply Online SBI Education Loan HDFC Education Loan Axis Education Loan

Top Institutes for Education Loan in Morbi

Types of Colleges in Morbi

  • 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 Morbi

  • Lukhdhirji Engineering College (LEC), Morbi
  • Shri U.N. Mehta Arts College (UNMA), Morbi
  • Shri Odhavjibhai Ravjibhai Bhalodiya Mahila Science College (SORBMSC), Tankara
  • G.J. Sheth Commerce College (GJSCC), Morbi
  • Smt. R.O. Patel Women’s MCA College (ROPMCA), Morbi
  • Shri M.M.Science College SMMSC), Morbi

Top 10 Universities in Morbi

  • Indian Institute of Technology (IIT)
  • University of Mumbai
  • International Institute for Population Sciences
  • SNDT Women’s University
  • Padmashree Dr. D. Y. Patil Vidyapeeth
  • Tata Institute of Fundamental Research
  • Tata Institute of Social Sciences
  • University of Petroleum and Energy Studies
  • Narsee Monjee Institute of Management & Higher Studies
  • Bhabha Atomic Research Centre

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 Morbi

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 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 Morbi

  • Proof of Identity
  • Voter ID card
  • Driving License
  • Passport
  • PAN Card
  • Government department ID card
  • Aadhar Card or Aadhar enrolment number parent’s latest salary slip showing all the deductions, or
  • Form 16 along with the latest salary certificate
  • Last 2 year’s IT returns of the past 2 years

If the applicant is a Self-Employed Individual:

  • Balance sheet and profit and loss account, computation of income for the last 2 years.
  • Income Tax Returns – last 2 years for Applicants, 26 AS, TracesAdmission letter to the educational institutions
  • Passing certificate
  • School leaving certificate
  • High School Examination mark sheet


How to Apply for Education Loan Morbi

Education loan MorbiEducation Loan Morbi is a simple and stress-free process of availing the education loan to support the studies. Education Loan Morbi make student self-reliant. You don’t need to go to banks and wait in queue for hours. you can get a loan from Education Loan Morbi in just a few seconds by applying online on the DialaBank website.

The process is very easy & handy. This involves only a few steps:

    • Click here and fill the form.
    • The relationship Manager Will Call the applicant in the Next 2 Working Hours.
    • Compare personal loan offers from several banks and NBFCs on the DialaBank website.
    • Check the eligibility and View the best offers available.
    • Select the desired bank or keep in contact with the Relationship Manager of DialaBank for more assistance.
    • After selecting the bank, fill out a form to process the loan application.
    • Upload all the documents or schedule document pickup from home or office.
    • After your documents are verified, the bank’s executive will give the applicant a verification call.
    • The amount will get disbursed to the applicant’s account within 3-5 working days if the loan gets approved.

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