Education Loan Mysore
Every child needs a quality education in order to lead a successful life. Unfortunately, such education comes at a cost that not everyone can afford. This is where education loans come into play. Mysore, one of the cities of Karnataka is home to various opportunities for students in and around the city. Considering the high education rates today, getting an education loan has now become necessary. To assist students’ needs almost all major banks and NBFCs operating in the city provide education loan Mysore to the students at reasonable interest rates.
Major Education Loan Providers in Mysore
|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|
|Apply||Apply Now||Apply Now||Apply Now|
Top Institutes for Education Loan Mysore
Types of Colleges in Mysore
- 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 Mysore
- Farooqia Dental College
- University Of Mysore
- Farooqia College Of Pharmacy
- Central Food Technological Research Institute
- Agriculture And Food Management Institute
- The National Institute Of Engineering
- Sbrr Mahajana Law College
- Sri Jayachamarajendra College Of Engineering
- Sdm Institute For Management Development
- Vidyavardhaka Law College
Top 10 Universities in Mysore
- University of Mysore
- JSS Academy of Higher Education and Research
- JSS Science and Technology University
- KSGH Music and Performing Arts University
- Mysore Medical College
- Karnataka State Open University
- Yuvaraja’s College
- Maharaja’s College
- National Institute of Engineering
- St. Philomena’s College
|B.E, B.Tech||M.E, M.Tech|
|BDS, MBBS||MD, MS, MDS|
|BHM||PG Diploma in Hotel Management|
Types of Expenses covered by Education Loan Mysore
|Expenses Covered||Courses Covered|
|Studying in India||Studying Abroad|
Documents Required for Education Loan Mysore
- Complete Education Loan Mysore application form required.
- Previous examination or academic performance mark sheet to be submitted.
- Proof of admission from the concerned college, any scholarship provided, studentship, fee structure, etc. to be submitted.
- List of expenses essential for completion of the course.
- 2 passport size photographs.
- PAN Card of both the student and the Parents/ Guardian.
- Statement of the bank of the borrower or co-applicant for the last six months.
- Income tax Returns/ IT assessment order, of the previous 2 yrs in case of an IT Payee.
- Statement of the assets and liabilities of the borrower/ co-applicant.
- Statement of Income (i.e. Salary slips/ Form 16)
- In case of a loan amount greater than 7.5 lakh, collateral security is to be submitted.
- Co-applicants are required for the procedure of loan.
How to Apply for Education Loan Mysore
Availing of an education loan can be tricky because of the various rates offered by banks. Thus, it is important to check and analyze all the existing rates in the market. DialaBank does that job for you. The advantages of considering DialaBank before taking an education loan Mysore are:
- No extra fees are charged from our customers.
- Get advice and guidance from the experts within no time.
- Hassle-free experience.
- The Loan gets disbursed in no time.
Applying for an education loan in Mysore is easy with DialaBank. The steps that need to be followed while applying online are as follows:
- Visit dialabank
- You will be required to fill in your details like name, mobile, location, and net monthly income.
- Select an education loan from the options given below in the box.
- You will be provided with the best deals by DialaBank according to your need.
- The applicant will get all the details of the Education Loan Mysore, where they can read and understand more about the loan.
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