Education Loan Rajahmundry
Rajahmundry, also known as Rajamahendravaram is situated in Andhra Pradesh, India. The city is famous for its education and rich heritage. Rajahmundry serves as a major hub of providing various opportunities to students seeking higher education. But, the rising education rates often hinder the paths of the students. This is why seeking an education loan is very important today. To cater to the needs of the students’ various banks and NBFCs situated in the city provide low-interest education loans Rajahmundry that can be availed by every citizen of the country with minimum documentation and effort.
Major Education Loan Providers in Rajahmundry
| Education Loan Criteria | 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 | up to 1.5 Crores | up to 20 Lakhs | up to 40 Lakhs |
| Tenure | 15 years | 15 Years | 15 Years |
| Processing Fee | up to 2.0% | up to 1.0% | up to 15,000 |
| Abroad Studies | Yes | Yes | Yes |
| Approval | Yes | Yes | Yes |
| Apply Online | SBI Education | HDFC Education Loan | Axis Education Loan |
Top Institutes for Education Loan in Rajahmundry
Types of Colleges in Rajahmundry
- 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 5 Colleges in Rajahmundry
- Veeravalli college of law
- Charlotte Swenson Memorial Bible Training School
- GSL Medical College & General Hospital
- Godavari Institute of Engineering and Technology
- Adikavi Nannaya University
Top Universities in Rajahmundry
- Adikavi Nannaya University
- Godavari Institute of Engineering and Technology
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 Rajahmundry
| Expenses Covered | Courses Covered | |
| Studying in India | Studying Abroad | |
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Documents Required for Education Loan Rajahmundry
- Complete Education Loan application form required.
- Previous examination or academic performance mark sheet.
- Proof of admission from the concerned college, any scholarship provided, studentship, fee structure, etc. to be submitted.
- List of expenses essential for completion of the course.
- 2 passport size photographs.
- PAN Card of both the student and the Parents/guardians are required.
- Statement of the bank of the borrower or co-applicant for the last six months.
- Income tax Returns/ IT assessment order, of the previous 2 yrs in-case of an IT Payee.
- Statement of the assets and liabilities of the borrower/ co-applicant.
- Statement of Income to be submitted (i.e. Salary slips/ Form 16)
- In case of a loan amount greater than 7.5 lakh, collateral security is required.
- Co-applicants are required for the procedure of education loan Rajahmundry.
APPLY FOR AN EDUCATION LOAN AT 9.50%
How to Apply for Education Loan Rajahmundry
Before availing education loan in Rajahmundry, it is important to check the rates offered by various banks. To provide you with a hassle-free experience, Dialabank does that job for you. The advantages of considering Dialabank before taking an education loan Rajahmundry are:
- No sort of fee is charged from our customers.
- Get expert advice and guidance.
- The process is time-saving with Dialabank.
- The Loan gets disbursed quickly.
Applying for an education loan Rajahmundry is easy with Dialabank. The steps that need to be followed for applying online are as follows:
- Go to Dialabank
- The page will require you to fill in your details like name, mobile, location and net monthly income.
- Choose education loans from the options given in the box.
- Accept that you have read the privacy policy and click on “Request a quote”.
- You will be provided with the best deals by Dialabank according to your need.
- The applicant will get all the details where they can read and understand more about the education loan Rajahmundry.
