Education Loan Muzaffarnagar

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Rates as low as 9.33%
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Education Loan Muzaffarnagar

Education Loan Muzaffarnagar

One of the most developed prosperous cities of Uttar Pradesh, Muzaffarnagar is nationwide famous for its sugar industry. Education loan in Muzaffarnagar is pretty easy and convenient to avail as almost all the leading banks and NBFCs present in the city provide education loans. Education Loans are the best way to bridge the gap between the expenditure on education and one’s dream. Students pursuing education in premier institutes of higher education abroad can easily avail themselves of the benefits of education loans in Muzaffarnagar.

Major Education Loan Providers in Muzaffarnagar

Education Loan SBI Education Loan HDFC Education Loan Axis Education Loan
Interest Rate 7.45% – 9.55% 9.50% – 13.3% 8.55% – 10.5%
Loan Amount 1.5 Crores Up to 20 Lakh Up to 40 Lakh
Tenure Up to 15 Years Up to 15years Up to 15 Years
Loan processing fee Up to 2.0% Up to 1.0% Up to 15k
Abroad Studies Yes Yes Yes
Online Approval Yes Yes Yes
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Top Institutes for Education Loan Muzaffarnagar

Types of Colleges in Muzaffarnagar

  • 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 7 Colleges in Muzaffarnagar

  • Sriram College of Law
  • Bhagwant Institute of Technology
  • SD College of Management Studies
  • Deen Dayal College of Management
  • DAV College
  • Sri Kund Kund Jain Post Graduate College
  • Muzaffarnagar Medical College

Top Universities in Muzaffarnagar

  • Chaudhary Charan Singh University
  • Sriram group of Colleges

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 Muzaffarnagar

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • Books, equipment, and instrument cost
  • Cost of laptop or computer, if required for the course
  • Hostel or mess charges
  • Entire tuition fee
  • Library and laboratory fees
  • Examination fees
  • Accommodation cost, as per requirement
  • Acceptance of admission fees
  • All other necessary expenses in relation to educational trips, project, reports, thesis, etc.
  • Insurance premium for the borrower
  • Professional/technical/regular diploma/degree/Graduation/Post-Graduation courses from UGC/AICTE/IMC/ICMS/AIBMS/ICMR/Govt. approved institute or IIT/IIM, IISC/NIFT/XLRI, etc.
  • Engineering, Aeronautical, Medical, Veterinary, Dental, Law, Computer, Management, teacher training, nursing courses, etc.
  • Courses such as CA, CFA, ICWA
  • Professional/Job-centric/technical/diploma/degree/Graduation/Post-graduation courses such as MBA/MCA/MS etc.
  • Courses from CIMA UK, CPA in the USA, etc.

Documents Required for Education Loan Muzaffarnagar

  1. Letter of Admission
  2. 2 recent passport size photographs
  3. Filled in the Loan Application form
  4. Statement of Academic Expense
  5. AADHAR Card of the student as well as Parent/Guardian
  6. PAN Card of the student as well as Parent/Guardian
  7. ID Proof such as Driving License/Passport/Aadhar or any other government-approved photo identity.
  8. Proof of residence like driving License/Passport/Electricity Bill/Telephone Bill.
  9. Student/Co-borrower/guarantor’s bank account statement for the last 6 months
  10. IT return/IT assessment order, of previous 2 years of the borrower
  11. Brief statement of assets & liabilities of Parent/ Guardian/ co-borrower
  12. Proof of Income (i.e. salary slips/ Form 16) Parent/ Guardian/ co-borrower

How to Apply for Education Loan Muzaffarnagar

Education loan MuzaffarnagarApplying for Education Loan with a DialaBank is an easy and convenient process. It compares the best deals from different banks and gives you the option most suitable for you. Applying online through Dialabank saves you time and provides a hassle-free experience. To avail Education Loan Muzaffarnagar :

  • Visit Dialabank.
  • The applicant will be directed to a page where they need to fill in all details of the education loan.
  • The applicant should fill up all the necessary details for the best offers
  • For further information and free assistance, you may call on 9878981166.

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