Education Loan for United Kingdom
Education Loan for United Kingdom @ 9.33% Only!
Education Loan is a financial help offered by the Banks and NBFCs to help scholars in pursuing 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 of 10 lakh rupees, and for abroad, it is up to 20 lakh rupees. It may vary according to the banks or NBFCs.
The United Kingdom or the UK, commonly known as Britain, is a sovereign state in Europe. It is the 22nd most populous country in the world. The Capital of the UK is London which is the financial centre of the country and is a vibrant city. Many students from other countries come to the UK to pursue higher studies. United Kingdom has various good quality and high ranked institutions where students want to study. United Kingdom provides a safe, secure and healthy environment for the students. Thats’ why it has a reputation among the students. The famous courses in United Kingdom are engineering, language, agriculture, design, mass communication, journalism, fine arts, multimedia, business studies, and management.
If you have a dream to study in the United Kingdom, you can avail Education Loan for the United Kingdom. Avail the Best Education Loan for United Kingdon with the help of Dialabank.com on Lowest Interest Rates with Easy norms and Flexible schemes. Fulfil your dream of pursuing higher education and live a stable, comfortable and happy life. Enjoy the personalized and Doorstep Services of Dialabank.
We provide Education Loana for all the institutions of United Kingdom. These are the top ten colleges in United Kingdom:
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Rank |
University Name |
| 1 | University of Cambridge |
| 2 | University of Oxford |
| 3 | London School of Economics |
| 4 | University of St Andrews |
| 5 | Durham University |
| 6 | Imperial College |
| 7 | University of Warwick |
| 8 | University of Bath |
| 9 | University College London |
| 10 | University of Exeter |
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 United Kingdom 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 United Kingdom |
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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 United Kingdom. Don’t miss the opportunity. We are here with this Secure and Simple Education Loan.
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.
