Education Loan Karaikudi
Every child needs a quality education in order to lead a complete, successful and comfortable life. Unfortunately, such education comes at a cost that not everyone who deserves it can afford. That is where education loans come into play. Education loans are funds offered by banks and financial institutions to meritorious students to help them pursue their dream course. Education Loan Karaikudi gives monetary help to students.
Major Education Loan Providers in Karaikudi
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
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
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
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
Top Institutes for Education Loan in Karaikudi
Types of Colleges in Karaikudi
- 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 Karaikudi
- Maharaja Ganga Singh Dental College & Research Centre
- Seth G L Bihani S D College Of Technical Education
- Punjab Ayurved Medical College & Hospital
- Sri Vinayak College Of Education
- Suratgarh PG College, Suratgarh
- Sanjivani College, Raisinghnagar
- Dr Radha Krishnan Girls College
- SGN Khalsa Law College
Top 10 Universities in Karaikudi
- Indian Institute of Technology (IIT)
- International Institute for Population Sciences
- SNDT Women’s University
- Padmashree Dr D. Y. Patil Vidyapeeth
- Tata Institute of Fundamental Research
- Tata Institute of Social Sciences
- University of Petroleum and Energy Studies
- Narsee Monjee Institute of Management & Higher Studies
- Bhaba Atomic Research Centre
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 Karaikudi
| Expenses Covered | Courses Covered | |
| Studying in India | Studying Abroad | |
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Documents Required for Education Loan Karaikudi
Education Loan Karaikudi can be availed by any individual aspiring to pursue higher studies if the applicant meets the eligibility criteria. When you are applying for an Education Loan Karaikudi, you simply need to make sure you have the following documents and relevant copies:
- PAN Card
- Address Proof (Aadhar Card or Gas Bill or Electricity Bill or Voter Id card or Driving License)
- Last 6 Months Bank Statement of Salaried Account
- Last 3 Months Pay Slips
- Last 2-year ITR
- Last 2 year Balance Sheet including Profit and Loss Statement
- The parent’s latest salary slip showing all the deductions, or
- Form 16 along with the latest salary certificate
- Last 2 year’s IT returns of past 2 years or
- If the applicant is a Self-Employed Individual
- Balance sheet and profit and loss account, computation of income for last 2 years.
- Income Tax Returns – last 2 years for Applicants, 26 AS, Traces
APPLY FOR EDUCATION LOAN AT 9.50%
How to Apply for Education Loan Karaikudi
Education Loan Karaikudi can be availed at various banks. Everyone wants to take a loan at a minimum rate of interest and wants to compare various banks and DialaBank does this task for you. To apply for an Education Loan Karaikudi, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank. The process is very easy & handy. This involves only a few steps:
- Click here and fill the form.
- Relationship Manager Will Call applicant in Next 2 Working Hours.
- Compare personal loan offers from several banks and NBFCs on the DialaBank website.
- Check the eligibility and View the best offers available.
- Select the desired bank or keep in contact with the Relationship Manager of DialaBank for more assistance.
- After selecting the bank, fill out a form to process the loan application.
- Upload all the documents or schedule document pickup from home or office.
- After your documents are verified, the bank’s executive will give the applicant a verification call.
- The amount will get disbursed to the applicant’s account within 3-5 working days if the loan gets approved.
FAQ for Education Loan
Is it necessary to have a co-applicant for a student loan?
Yes, a co-applicant is necessary for all full-time programmes. A parent, guardian, or spouse can be a co-applicant (if married).
Is there a penalty for paying off a student loan early?
On school loans, most banks do not charge prepayment penalties. However, before signing on the dotted line, double-check with the bank.
Is there any kind of incentive for a female student who applies for a student loan?
Banks often provide women students seeking higher education in India and abroad a 0.5 per cent interest rate reduction on their education loans.
