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

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 which has 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 are increasing every year, it has become difficult for some students to fulfill their dreams. This is where  education loan comes into play. Almost all major banks and NBFCs opertaing 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

SBI Education Loan

  • Interest Rate 7.45% – 9.55%
  • Loan Upto 1.5 Crores
  • Up to 15 Years Repayment
  • Processing Fee Upto 2.0%
  • Loan for Abroad Studies
  • Online Approval

Apply Now

HDFC Education Loan

  • Interest Rate 9.50% – 13.3%
  • Loan Upto 20 Lakh
  • Up to 15 Years Repayment
  • Processing Fee Upto 1.0%
  • Loan for Abroad Studies
  • Instant Online Approval

Apply Now

Axis Education Loan

  • Interest Rate 8.55% – 10.5%
  • Loan Upto 40 Lakh
  • Up to 15 Years Repayment
  • Processing Fee Upto 15k
  • Loan for Abroad Studies
  • Online Approval

Apply Now

Avanse Education Loan

  • Interest Rate 10% – 16.50%
  • Loan Upto 25 Lakh
  • Up to 10 Years Repayment
  • Processing Fee Upto 2.0%
  • Loan for Abroad Studies
  • Online Approval

Apply Now

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
  • 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 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
  • 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
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 Shimoga

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Necessary expenses in relation to study tours, thesis, project work etc. till 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 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


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: