Education Loan Rajahmundry

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Rates as low as 9.33%
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Education Loan Rajahmundry

Rajahmundry, also known as Rajamahendravaram is situated in Andhra Pradesh, India.  The city is famous for its education and rich heritage. Rajahmundry serves as a major hub of providing various opportunities to students seeking higher education. But, the rising education rates often hinder the paths of the students. This is why seeking an education loan is very important today. To cater to the needs of the students’ various banks and NBFCs situated in the city provide low- interest education loans Rajahmundry that can be availed by every citizen of the country with minimum documentation and efforts.

Major Education Loan Providers in Rajahmundry

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 upto 1.5 Crores upto 20 Lakhs upto 40 Lakhs
Tenure 15 years 15 Years 15 Years
Processing Fee upto 2.0% upto 1.0% upto 15,000
Abroad Studies Yes Yes Yes
Approval Yes Yes Yes
Apply Online SBI Education HDFC Education Loan Axis Education Loan

Top Institutes for Education Loan in Rajahmundry

Types of Colleges in Rajahmundry
Top 5 Colleges in Rajahmundry
Top Universities in Rajahmundry
Courses Offered
Types of Colleges in Rajahmundry

  • 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 5 Colleges in Rajahmundry

  • Veeravalli college of law
  • Charlotte Swenson Memorial Bible Training School
  • GSL Medical College & General Hospital
  • Godavari Institute of Engineering and Technology
  • Adikavi Nannaya University

Top Universities in Rajahmundry

  • Adikavi Nannaya University
  • Godavari Institute of Engineering and 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 Rajahmundry

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • All stationary cost
  • Cost of laptop or computer or any other technical requirement
  • Hostel or accommodation charges
  • Academic fee
  • Library and laboratory fees
  • Admission acceptance fee
  • Expenses in relation to study tours, thesis, project work etc. essential for course completion
  • 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 Rajahmundry

  • Complete Education Loan application form required.
  • Previous examination or academic performance mark sheet.
  • 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 are required.
  • Statement of bank of the borrower or co- applicant for the last six months.
  • Income tax Returns/ IT assessment order, of previous 2 yrs in-case of an IT Payee.
  • Statement of the assets and liabilities of the borrower/ co-applicant.
  • Statement of Income to be submitted (i.e. Salary slips/ Form 16)
  • In-case of a loan amount greater than 7.5 lakh, collateral security is required.
  • Co-applicants are required for the procedure of education loan Rajahmundry.


Education Loan RajahmundryHow to Apply for Education Loan Rajahmundry

Before availing education loan Rajahmundry, it is important to check the rates offered by various banks. To provide you hassle-free experience, DialaBank does that job for you. The advantages of considering DialaBank before taking education loan Rajahmundry are:

  • No sort of fees charged from our customers.
  • Get expert advice and guidance.
  • The process is time saving with DialaBank.
  • The Loan gets disbursed quickly.

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

  • Go to
  • The page will require you to fill in your details like name, mobile, location and net monthly income.
  • Choose education loan from the options given in the box.
  • Accept that you have read the privacy policy and click on “Request a quote”.
  • You will be provided with the best deals by DialaBank according to your need.
  • The applicant will get all the details where they can read and understand more about the education loan Rajahmundry.