Education Loan Muzaffarpur

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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 Muzaffarpur

Education Loan Muzaffarpur

Muzaffarpur is a city located in the state of Bihar which is nationwide known as ‘Land of Lychee’ as it is popular for this Reddish/Pink colour seasonal fruit. It is significant for its cultural and spiritual influences on Hindu and Islamic culture. Almost all the major banks and NBFCs located across the city provide Education Loan Muzaffarpur to students. The easy and convenient way to support the education of your child is through availing education loan which will not only cover the tuition fee but the extra expenses such as air travel, insurance premium, boarding & lodging, and other miscellaneous necessities.

Major Education Loan Providers in Muzaffarpur

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 Crores 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
Studies Abroad Yes Yes Yes
Online Approval Yes Yes Yes
Apply SBI Education Loan HDFC Education Loan

Axis Education Loan

Top Institutes for Education Loan Muzaffarpur

Types of Colleges in Muzaffarpur

  • 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 Muzaffarpur

  • S.K.J. Law College
  • Vaishali’s Institute of Business and Management
  • Tirhut College of Agriculture
  • Muzaffarpur Institute of Technology
  • L.N. Mishra College of Business and Management
  • National Research Centre for Litchi
  • RBBM College
  • Shri Raghav Prasad Singh College
  • Shri Krishna Medical College
  • Mahant Darshan Das Mahila College

Top 3 Universities in Muzaffarpur

  • Babasaheb Bhimrao Ambedkar Bihar University
  • Institute of Hotel Management
  • Dr Rajendra Prasad Central University of Agriculture

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 Muzaffarpur

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Books, equipment, and instrument cost
  • Equipment such as laptops and computer expenses
  • Entire tuition fee
  • Library and laboratory fees
  • Examination fees
  • Boarding and Lodging fees
  • Admission acceptance fee
  • Hostel or mess charges
  • All other necessary expenses in relation to study tours, thesis, project work, etc. till course completion
  • Insurance premium for the borrower
  • Miscellaneous expenses
  • 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 Muzzafarpur

  1. Letter of Admission
  2. 2 recent passport size photographs
  3. Filled in the Loan Application form
  4. Statement of Cost of Study
  5. AADHAR Card of the student as well as Parent/Guardian
  6. PAN Card of the student as well as Parent/Guardian
  7. Proof of Identities such as Driving License/Passport/Aadhar or any other government-approved photo identity.
  8. Proof of residence such as Driving License/Passport/Electricity Bill/Telephone Bill.
  9. Student/Co-borrower/guarantor’s bank account statement for the last 6 months
  10. IT return/IT assessment order, of previous 2 years of Parent/Guardian/co-borrower (if IT payee)
  11. Brief statement of assets & liabilities of Parent/ Guardian/ co-borrower
  12. Proof of Income (i.e. salary slips/ Form 16) Parent/ Guardian/ co- borrower


How to Apply for Education Loan Muzaffarpur

Education loan Muzaffarpur

Applying for Education Loan with a Dialabank is an easy and convenient process. It compares the best deals from different banks and gives you offers with minimum interest rates. Applying online through Dialabank is time-saving and hassle-free. To avail Education Loan Muzaffarpur :

  • Visit Dialabank
  • Click on Education Loan from the options present in the menu box
  • The applicant will be directed to all details of the education loan where they can choose their preferred city and fill in all the necessary details
  • For more information and free assistance, you may call on 9878981166.

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