Education Loan Shimoga

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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 Shimoga

Education Loan Shimoga

Shimoga literally meaning the face of Shiva. Shimoga (Shivamogga) is a city in Karnataka, lying in the southwest part of India. The city houses the Shivappa Nayaka Palace Museum, with 16th to 18th-century stone carvings displayed on its lawns. The town is the district headquarters for regions that produce coffee, sugarcane, cotton, millet, oilseed, and rice.

The city also in-houses various opportunities for students seeking higher education. But, since the education rates increase every year, it has become difficult for some students to fulfil their dreams. This is where education loan comes into play. Almost all major banks and NBFCs operating in the city offer education loan Shimoga to the students. This experience is made easy and hassle-free with DialaBank.

Major Education Loan Providers in Shimoga

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 crore 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
Loan for Abroad Studies Yes Yes Yes
Online Approval Yes Yes Yes
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Top Institutes for Education Loan  Shimoga

Types of Colleges in Shimoga

Top 10 Colleges in Shimoga

Top 5 Universities in Shimoga

Courses Offered

Types of Colleges in Shimoga

  • 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 Shimoga

  • Jawaharlal Nehru National College of Engineering
  • Hoysala College of Management and IT studies
  • DVS College of Arts and science
  • Govt. First Grade college
  • Kamala Nehru Memorial National College for Women
  • SMVGACC
  • Tunga Mahavidyalaya
  • Sharavathi Dental College and hospital
  • Veterinary college
  • Nirmala College of Nursing

Top 5 Universities in Shimoga

  • Kuvempu University
  • PES Institute of Technology and Management
  • PES Institute of Advanced Management Studies
  • Shimoga Institute of Medical Sciences
  • GM Institute of Technology

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 Shimoga

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Necessary expenses about study tours, thesis, project work etc. till the course completion
  • Library and laboratory charges
  • Examination fees and academic fees
  • Accommodation cost, if there is any
  • Admission acceptance fee
  • Insurance premium for the borrower
  • Books, equipment, and instrument cost
  • Cost of laptop or computer, if required for the course
  • Hostel or mess charges
  • 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.

Education Loan Shimoga Documents/Security Required

The loan process is simple and online, but the requirement might vary from bank to bank.  The list of documents required are:

  • PAN Card
  • Address Proof (Aadhar Card or Gas Bill or Electricity Bill or Voter Id card or Driving License)
  • Latest 6 Month Bank Statement of Salaried Account
  • Previous 3 Months Pay Slips
  • Last 2-year ITR
  • Final 2 year Balance Sheet including Profit and Loss Statement

Other documents required are:

  • Duly filled and signed education loan application form with affixed photographs
  • Copy of 10th and 12th standard mark sheets
  • Statement of cost of study and course expenses
  • Previous exam mark sheet


APPLY FOR AN EDUCATION LOAN AT 9.50%

Education loan ShimogaHow to Apply for Education Loan Shimoga

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