Education Loan for New Zealand
Education Loan for Australia @ 9.33% Only!
Education Loan is a financial help offered by the Banks and NBFCs to help scholars pursue Expensive 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.
New Zealand is a beautiful island country composed of many smaller islands. Auckland is the largest city in New Zealand. Many students from other countries come to New Zealand to pursue higher studies. New Zealand has various good quality and high ranked institutions where students wish to study. New Zealand provides a safe, secure and healthy environment for the students. Thats’ why it has a good reputation among the students. The famous courses in New Zealand are engineering, language, IT and Computing, agriculture, design, mass communication, journalism, fine arts, multimedia and business studies and management. New Zealand has well-reputed colleges and vibrant cities.
If you have a dream to study in New Zealand, you can avail an Education Loan. Avail the Best Education Loan for New Zealand with the help of Dialabank.com at Lowest Interest Rates with Easy documentation and Flexible schemes. Fulfil your dream of pursuing higher education and living a stable, pleasant and peaceful life. Enjoy the personalized and Doorstep Services of Dialabank.
We provide Education loans for all institutions in New Zealand. These are the top colleges in New Zealand:
| Rank | University Name |
| 1 | The University of Auckland |
| 2 | University of Otago |
| 3 | Victoria University of Wellington |
| 4 | University of Canterbury |
| 5 | Massey University |
| 6 | University of Waikato |
| 7 | Lincoln University |
| 8 | Auckland University of Technology |
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 for New Zealand Eligibility Criteria
- You need to be an Indian Resident.
- 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 New Zealand |
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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 New Zealand. Don’t miss the opportunity. We are here with this Secure and Simple Education Loan.
FAQs For Education Loan
✅Can I take more than one education loan at the same time?
Yes, you can avail a second education loan from the same bank or from a different bank.
✅What are the terms and conditions for an education loan?
To avail an education loan, the person must be an Indian citizen, securing admission into college/university in India or abroad.
✅Is education loan free of interest?
No, education loan is not free of interest in India.
✅Can I get an education loan of 20 lakhs?
The maximum amount for a study loan for courses in India is 10 lakhs, whereas for studying abroad, it is 20 lakhs.
