Education Loan for Australia
Education Loan for Australia @ 9.33% Only!
Education Loan is a financial help offered by the Banks and NBFCs to help scholars pursue Higher Education. Different Banks in India offers finance which may vary according to the university or college and customers’ requirement.
For studies in India, banks offer a maximum Education Loan amount up to 10 lakh rupees, and for abroad studies, it is up to 20 lakh rupees. It may vary according to the banks or NBFCs.
Australia is a beautiful country composed of many islands and continents. It is Worlds’ 6th largest country by total area. Many students from other countries come to Australia to pursue higher studies. Australia has various good quality and high ranked institutions where students want to study. Australia provides a safe, secure and healthy environment for the students.
Thats’ why it is popular among the students. The leading courses in Australia are engineering, language, agriculture, design, mass communication, journalism, fine arts, business studies and management, multimedia, business studies and management. It is a friendly and peaceful place to pursue your higher education.
If you have a dream to study in Australia, you can avail an Education Loan. Avail the Best Education Loan for Australia with the help of Dialabank.com on the Lowest Interest Rates with Easy norms and Flexible schemes. Fulfil your dream of pursuing higher education and live a stable, prosperous and happy life. Enjoy the personalized and Doorstep Services of Dialabank.
We provide Education loans for all institutions in Australia. These are the top ten colleges in Australia:
| Rank | University |
| 1 | Australian National University (ANU) |
| 2 | University of Sydney |
| 3 | University of Melbourne |
| 4 | University of New South Wales (UNSW) |
| 5 | University of Queensland (UQ) |
| 6 | Monash University |
| 7 | University of Western Australia (UWA) |
| 8 | University of Adelaide |
| 9 | University of Technology Sydney (UTS) |
| 10 | University of Wollongong |
Education loan Features
- Repayment starts either 1 year after course completion or 6 months after obtaining employment (whichever is earlier).
- You can also avail the tax rebate offered under Section 80-E of the Income Tax Act 1961 for the entire interest amount paid towards your education loan.
- Education loans are available for a maximum tenure of 15 years.
- Education Tuition fees, Admission fees, travelling, books, laptops and other expenses are all covered under education loans.
Education Loan Eligibility Criteria
- You need to be a Resident Indian
- Your age should be between 16 – 35 yrs.
- COLLATERAL is required for all loans greater than Rs. 7.5 Lakhs.
- All Loans require a co-applicant.
Documents Required for Education Loan
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CATEGORY |
APPLICANT (STUDENT ) |
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KYC (KNOW YOUR CUSTOMER ) |
AGE PROOF |
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SIGNATURE PROOF |
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IDENTITY PROOF |
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RESIDENCE PROOF |
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INCOME DOCUMENTS – Education Loan for Australia |
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SALARIED
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Latest 2 Salary Slips carrying the date |
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Latest 6 Months Bank Statement of the Salary Account. |
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SELF-EMPLOYED |
Last 2 Year ITR with Computation of Income |
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Last 2 Years Audited Balance Sheet |
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Last 6 Months Bank Statement |
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Proof of Turnover (Latest Sales / Service Tax Return) |
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SELF-EMPLOYED PROFESSIONALS |
Last 2 Year ITR with Computation of Income |
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Last 2 Years Audited Balance Sheet / P& L |
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Last 6 Months Bank Statement |
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Proof of Qualification |
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OTHERS |
Completed Application Form |
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Latest Photograph (Signed Across) |
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Live Your Dream of Pursuing Studies from Australia. Don’t miss the opportunity. We are here with an Secure and Simple Education Loan t help you fulfil your dreams and goals.
FAQs For Education Loan
✅How long does it take for an education loan to be sanctioned?
It takes 15 days for an education loan to be sanctioned.
✅Will the education loan interest be the same throughout the entire course?
The education loans are offered at a floating rate of interest, so the rate of interest may increase or decrease depending upon the external economic conditions and internal company policies.
✅What expenses does an education loan cover?
Yes, an education loan covers tuition fees, living expenses, travelling, books, laptops, a thesis and other education-related expenses.
