Education Loan Malegaon
Education Loan Malegaon sponsors the college expenses of a student and makes sure that the only thing a student should be worried about is his studies and not about financial status. The basic intention of an Education Loan is to help the aspirants economically and not let them murder their dreams due to some economic constraints. There are a lot of advantages and benefits associated with Education Loan Malegaon.
- Students become financially independent as the bank pays for all their fees during their educational courses.
- Students immediately get money, and this reduces the burden of arranging money on short notice.
- Education Loan Malegaon comes with easy Documentation and Speedy processing.
- Lower and competitive rate of Interest.
- Flexible repayment options and repayments start after 6 months of completion of the course.
- Avail tax benefits under section 80(E) of the Income Tax Act 1961.
- Quick approval with 24*7 customer care assistance.
Major Education Loan Providers in Malegaon
|
Education Loan Criteria |
SBI Education Loan |
Axis Education Loan |
HDFC Education Loan |
|
Interest Rate |
7.45% – 9.55% |
8.55% – 10.5% |
9.50% – 13.3% |
|
Loan Amount |
up to 1.5 Crores |
up to 40 Lakhs |
up to 20 Lakhs |
|
Tenure |
15 years |
15 Years |
15 Years |
|
Processing Fee |
up to 2.0% |
up to 15,000 |
up to 1.0% |
|
Abroad Studies |
Yes |
Yes |
Yes |
|
Approval |
Yes |
Yes |
Yes |
|
Apply Online |
Top Institutes for Education Loan in Malegaon
Types of Colleges in Malegaon
- 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 Malegaon
- Indian Institute of Technology
- St. Xavier’s College
- Ramnarain Ruia College
- Lala Lajpat Rai College of Commerce and Economics
- Elphinstone College
- Wilson Raj College
- Maharishi Dayanand College
- Sardar Patel College of Engineering
- Dr D.Y. Patil Medical College
- Narsee Monjee Institute of Management Studies
Top 10 Universities in Malegaon
- Indian Institute of Technology (IIT)
- University of Mumbai
- 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 Malegaon
| Expenses Covered | Courses Covered | |
| Studying in India | Studying Abroad | |
|
|
|
Documents Required for Education Loan Malegaon
- Proof of Identity
- Voter ID card
- Driving License
- Passport
- PAN Card
- Government department ID card
- Aadhar Card or Aadhar enrolment number 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 the past 2 years or
- In the case of a self-employed individual,
- If the applicant is a Self-Employed Individual
- Balance sheet and profit and loss account, computation of income for the last 2 years.
- Income Tax Returns – last 2 years for Applicants, 26 AS, TracesAdmission letter to the educational institutions
- Passing certificate
- School leaving certificate
- High School Examination mark sheet
APPLY FOR EDUCATION LOAN AT 9.50%
How to Apply for Education Loan Malegaon
Education Loan Malegaon is a simple and stress-free process of availing the education loan to support the studies. Education Loan Malegaon make student self-reliant. You don’t need to go to banks and wait in queue for hours. You can get a loan from Education Loan Malegaon in just a few seconds by applying online on the DialaBank website.
The process is very easy & handy. This involves only a few steps:
- Click here and fill the form.
- The relationship Manager Will Call the applicant in the 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’s
✅ Who is eligible for an education loan?
Indian students between 16 to 35 years of age can avail an education loan. If the loan amount exceeds 4 lakh, FD’s can be asked as collateral by the bank.
✅What expenses are covered under an education loan?
Tuition fees, books, laptops, Flight tickets, Visa, Exam fees and Lodging fees are all covered under an education loan.
✅Can I get a second education loan?
Yes, you can get a second education loan on top of your existing education loan. The second loan can be applied in the same bank or in a different bank.
✅What is the minimum and maximum amount that can be availed under an education loan?
The minimum amount is 50,000 and the maximum amount is 4,00,000 that can be availed without collateral under an education loan.
Education Loan In Other Cities
| Education Loan Bhatinda | Education loan Pali |
| Education Loan Udaipur | Education loan Kota |
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| Education Loan Sikar | Education Loan Vellore |
