Education loan New Delhi

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Rates as low as 9.33%
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Education Loan New Delhi

Every child needs a quality education in order to lead a complete, successful, and comfortable life. Unfortunately, such education comes at a cost that not everyone who deserves it can afford. That is where education loans come into play. Education loans are funds offered by banks and financial institutions to meritorious students to help them pursue their dream course.

Major Education Loan Banks Providers in New Delhi

Education Loan Criteria SBI Education Loan Axis Education Loan  HDFC Education Loan
Interest Rate 7.45% – 9.55% 8.55% – 10.5% 9.50% – 13.3%
Loan Amount up to 1.5 Crores up to 40 Lakhs up to 20 Lakhs
Tenure 15 years 15 Years 15 Years
Processing Fee up to 2.0% up to 15,000 up to 1.0%
Abroad Studies Yes Yes Yes
Approval Yes Yes Yes
Apply Online SBI Education Axis Education Loan HDFC Education Loan

Top Institutes for Education Loan in New Delhi

Types of Colleges in New Delhi

Top 10 Colleges in New Delhi

Top 10 Universities in New Delhi

Courses Offered

Types of Colleges in New Delhi

  • 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 New Delhi

  • Indian Institute of Technology
  • All India Institute of Medical Science
  •  School of Planning and Architecture
  • Lady Shri Ram College
  • Maulana Azad Medical College
  • Lady Hardinge Medical College
  • Pearl Academy West Campus
  • Kasturi Ram College
  • Hindu College
  • Hans Raj College

Top 10 Universities in New Delhi

  • Management Development Institute
  • Indian Agriculture Research Institute
  • Indian Institute of Technology
  • School of planning and architecture
  • University of Delhi
  • Jawahar Lal Nehru University
  • National Dairy Research Institute
  • Guru Gobind Singh Indraprastha University
  • Jamia Millia Islamia University
  • Delhi 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 New Delhi

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 USA etc.

Documents Required for Education Loan New Delhi

Any hardcore paperwork is important for education loans. Though the process is simple and online, however, the requirement might vary by lending organizations or banks. In addition, some banks can be very strict in maintaining their terms and conditions with respect to mandatory documents submission. If no documents are submitted, the application may be rejected. List of Education loan New Delhi documents:

  • Duly filled and signed education loan form with affixed photographs
  • 2 passport sized photographs
  • Copy of 10th and 12th standard mark sheets
  • Statement of cost of study and course expenses
  • Government ID and Pan Card of student and parents/guardian
  • Proof of age – Aadhaar card, voter ID, passport, driving license
  • Proof of identity – Voter ID, Aadhaar card, passport, driving license
  • Proof of residence – Utility bill, rental agreement, last 6 months bank statement of the student or parent, gas book, ration card, telephone bill

To apply for education loans in New Delhi, the above-mentioned documents are compulsory.


APPLY FOR EDUCATION LOAN AT 9.50%

How to Apply for Education Loan New DelhiEducation loan New delhi

you can easily apply for an education loan before that you have to check the various interest rate offers on education loan in New Delhi. Firstly, you need to check the eligibility and documents required are ready with yourself.

You can apply online as well as offline. Education loan in New Delhi can be availed by just visit the nearest branch of the bank. The details about education loans and offers will be discussed with the customer relationship manager of the bank.

You can also Apply online with Dialabank in a single click. You just need to select the education loan tab on the Dialabank website.

 To apply online :

  • Click on this link Education loan
  • Fill the details
  • Check the details filled by you
  • Submit And click on “Get the best offers”
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