Education Loan Patna

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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 Patna

Education Loan Patna

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 courses. But still in India getting into one of the top premier institutions where companies visit is always a dream for most of the students, due to its high cost.

At this time, banks play a crucial role, and also they help students educate without and disturbance. The educational loan helps many people in their tough times to complete their education.

Major Education Loan Providers in Patna

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 Patna

Types of Colleges in Patna

  • 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 Patna

  • Bakhtiyarpur College of Engineering, Patna (BCE PATNA)
  • Indian Institute of Technology, Patna
  • National Institute of Technology, Patna
  • Birla Institute of Technology, Patna
  • Maulana Azad College of Engineering and Technology
  • Government Polytechnic Patna-7
  • New Government Polytechnic Patna-13
  • Development Management Institute
  • International School of Management Patna
  • St. Xavier’s College of Management and Technology

Top 10 Universities in Patna

  • Aryabhatta Knowledge University, Patna
  • Patna University, Patna
  • Chanakya National Law University, Patna
  • Patliputra University, Patna
  • Amity University, Patna
  • Maulana Mazharul Haque Arabic and Persian University
  • Nalanda Open University, Patna
  • Bihar Animal Sciences 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

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 the 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 Patna

  1. Letter of Admission.
  2. 2 recent passport size photographs.
  3. Filled in the Loan Application form.
  4. Statement of Cost of Study.
  5. Previous education certificates to make the application strong.
  6. AADHAR Card of the student Parent/Guardian.
  7. Pan Card of the Student and Parent/Guardian.
  8. Proof of Identities such as Driving License/Passport/Aadhar or any other government-approved photo identity.
  9. Proof of residence like Driving License/Passport/Electricity Bill/Telephone Bill

Proof of Income

  • The 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 or
  • In the case of a self-employed individual,

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 – last 2 years for Applicants, 26 AS, Traces
  • Business proof: License, Registration Certificate, Service Tax Registration, among
  • IT Assessment / Clearance Certificate, Income Tax Challans / TDS Certificate (Form 16A) / Form 26 AS for income declared in ITR.


APPLY FOR EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Patna

1. Visit Dialabank.Education loan patna

2. Click on the loan section and you can find the Education loan link.

3. After clicking on the Education loan link, you will be directed to details of the Education loan and there you can select your preferred city.

4. For more information and free guidance on the Education loan, you may call 9878981166.

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