Education loan Rajkot

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Rates as low as 9.33%
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Education loan Rajkot

Education Loan Rajkot

Education loans in Rajkot are provided by almost all major banks and NBFC’s present in the city. There are many reasons why you should consider taking an education loan. An education loan can pave the way for stepping into a reputed college or university or pursuing higher studies abroad.

Rajkot is the fourth largest city in Gujarat and the seventh cleanest city in India. The city is becoming one of the major destinations for real estate projects in the state. The state government is planning to set up a Special Economic Zone to boost the growth of software and automobile industries

Education loans are there to provide financial help for those who seek higher education and lack the finance to avail themselves of the education. It covers the basic course fee and other related expenses such as (college) accommodation, exams, and other miscellaneous charges.

Major Banks Providing Education Loan Rajkot 


SBI Education Loan

HDFC Education Loan

Axis Education Loan

Avanse Education Loan

Interest Rate  7.45% – 9.55%  9.50% – 13.3%  8.55% – 10.5%  10% – 16.50%
Loan Amount Loan up to 1.5 Crores Loan up to 20 Lakh Loan up to 40 Lakh Loan up to 25 Lakh
Tenure Up to 15 Years of Repayment Up to 15 Years of Repayment Up to 15 Years of Repayment Up to 10 Years of Repayment
Processing Fee Up to 2.0% Up to 1.0%  Up to 15k  Up to 2.0%
Loan For Abroad Studies Yes Yes Yes Yes
Online Approval  Yes Yes Yes Yes
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Top Institutes for Education Loan Rajkot

Types of Colleges in Rajkot

Top 10 Colleges in Rajkot

Top 10 Universities in Rajkot

  • 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
  • AMP Govt. college
  • A. Madhya Pradesh Law College
  • Government engineering  college
  • VVP engineering college
  • Sanjaybahri Rajguru education zone
  • Gardi Vidyapith
  • GK Bharad Institute of engineering
  • BH Gardi College Of engineering
  • Aarya Veer College of engineering and technology
  • AV Parekh Technical Institute
  • Marwadi University
  • RK university
  • Atmiya University
  • Darshan Institute if Engineering And Technology
  • Shri Labhubhai Trivedi Institute
  • Atmiya Institute of Technology
  • RK University
  • Gardi Vidyapith
  • AV Parekh Technical Institute
  • Saurashtra University

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 Rajkot

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Cost of laptop or computer, if required for the course
  • Books, equipment, and instrument cost
  • Accommodation cost, if there is any
  • Hostel or mess charges
  • Entire tuition fee
  • Library and laboratory fees
  • Examination fees
  • 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 Rajkot

Only those students can avail of this education loan Rajkot which fulfils the eligibility measures. Like,

  • A student must be above 18 years
  • A student must apply to a valid education institution.
  • He/she should have cleared Entrance exams or must be eligible for course applied
  • Possess a valid identity proof
  • He should fall in the age bracket defined by the respective bank
  • He needs to apply to a recognized college/institution
  • A good academic record helps with a quick loan approval
  • He needs to apply for the education loan with a co-applicant who has a regular source of income

Education loan Rajkot Documents/security required

Education Loan Rajkot Documentation is an important process that banks do before approving your education loan. To go through successful documentation, make a checklist of documents. The following are the most important documents required for applying for an education loan in Rajkot.

  • Letter of admission
  • Filled in Loan Application Form
  • 2 passport size photographs
  • Statement of cost of study
  • PAN Card of the Student and Parent/ Guardian
  • AADHAR Card of the Student and Parent/ Guardian
  • Proof of identity (Driving Licence/Passport/Aadhar/ any photo identity)
  • Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill)
  • Student/Co-borrower/ guarantor’s bank account statement for last 6 months
  • IT return/ IT assessment order, of previous 2 years of Parent/ Guardian/ co-borrower (if IT Payee)
  • Brief statement of assets & liabilities of Parent/ Guardian/ co-borrower
  • Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ co-borrower


How to Apply for Education Loan Rajkot

Education loan Rajkot

You can avail of the best offers on Dialabank about the education loan Rajkot. You can apply offline or online at your convenience.

For offline you have to visit the nearest branch of the bank to apply for an education Loan in Rajkot.

For online, you have to visit the website of Dialabank, under which just click on the education loan tab. The various banks provide different interest rates.

To apply via Dialabank online:

  • Click on this link Education Loan Rajkot
  • Fill your Details
  • Click on “Get the Best Offer”

The best offers will be provided to you out of various alternative offers. Please make sure the bank must support an education loan for that institution where you want admission.

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