Education Loan Narasaraopet

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Rates as low as 9.33%
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Study in India / Abroad
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Education Loan Narasaraopet

A quality education is every child’s basic need. But, such education comes at a cost that not everyone can afford. This is where education loans comes into play.  Narasaraopet a city of Andhra Pradesh, situated in the Guntur district offers abundant opportunities for students seeking higher education. To cater to the needs of the students’ various banks present in the city provide low- interest education loan Narasaraopet can be availed by every citizen of the country with minimum documentation.

Major Education Loan Providers in Narasaraopet

SBI Education Loan

  • Interest Rate 7.45% – 9.55%
  • Loan Upto 1.5 Crores
  • Up to 15 Years Repayment
  • Processing Fee Upto 2.0%
  • Loan for Abroad Studies
  • Online Approval

Apply Now

HDFC Education Loan

  • Interest Rate 9.50% – 13.3%
  • Loan Upto 20 Lakh
  • Up to 15 Years Repayment
  • Processing Fee Upto 1.0%
  • Loan for Abroad Studies
  • Instant Online Approval

Apply Now

Axis Education Loan

  • Interest Rate 8.55% – 10.5%
  • Loan Upto 40 Lakh
  • Up to 15 Years Repayment
  • Processing Fee Upto 15k
  • Loan for Abroad Studies
  • Online Approval

Apply Now

Avanse Education Loan

  • Interest Rate 10% – 16.50%
  • Loan Upto 25 Lakh
  • Up to 10 Years Repayment
  • Processing Fee Upto 2.0%
  • Loan for Abroad Studies
  • Online Approval

Apply Now

Top Institutes for Education Loan Narasaraopet

Types of Colleges in Narasaraopet
Top 10 Colleges in Narasaraopet
Top 10 Universities in Narasaraopet
Courses Offered
Types of Colleges in Narasaraopet

  • Engineering college
  • Bio-technology 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 Narasaraopet

  • Narasaraopet Engineering college
  • Eswar college of Engineering
  • Bapatla Engineering college
  • Guntur Engineering college
  • Chebrolu Engineering college
  • RVR and JC College of Engineering
  • Sri Mittapalli college of Engineering
  • Malineni Lakshmaiah womens Engineering college
  • Chintalapudi Engineering college

Top 10 Universities in Narasaraopet

  • KL University
  • VIT University
  • VVIT
  • KITS
  • KHIT
  • Chalapathi Institute of Technology
  • VNIW
  • CIET
  • Sri Mittapalli Institute of technology
  • NRI Institute of Technology

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 Narasaraopet

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Stationary and instrument cost
  • Academic fee
  • Library and laboratory fees
  • Examination fees
  • Accommodation cost
  • Hostel or mess charges
  • Admission acceptance fee
  • Expenses in relation to study tours, thesis, project work etc. till course completion
  • Insurance premium for the borrower
  • Cost of laptop or computer
  • 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 USA etc.

Documents Required for Education Loan Narasaraopet

When you are applying for education loan Narasaraopet, you simply need to make sure you have the following documents and relevant copies:

Proof of Identity

  • Voter ID card
  • Driving License
  • Passport
  • PAN Card
  • Government department ID card
  • Aadhar Card or Aadhar enrolment number

Proof of Income

  • The parent’s latest salary slip showing all the deductions, or
  • Form 16 along with latest salary certificate
  • Last 2 year’s IT returns proof

If the applicant is a Self-Employed Individual

  • Balance sheet and profit and loss account, computation of income for last 2 years.
  • Income Tax Returns

Proof of Residence (any one)

  • Valid passport
  • Voter id card
  • Driving license
  • Postpaid utility bill (gas bill and electricity bill)
  • Updated passbook or bank account statement

Additional Documents

  • Updated Passbook or bank account where the salary is credited for last 6 months at least
  • Previous exam mark sheet


Education loan NarasaraopetHow to Apply for Education Loan Narasaraopet

Applying for education loan Narasaraopet is easy with DialaBank. The steps that need to be followed for applying online are as follows: