Education Loan Raurkela

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Rates as low as 9.33%
Pre-Admission Loans
Study in India / Abroad
Doorstep Service
Unsecured Loan Available

Education Loan Raurkela

Education Loan Raurkela

Raurkela Industrial Township is one of the cities of Odisha, India. It has the presence of various banks and NBFCs that address the needs of students seeking opportunities in and around the state. Considering the high education rates today, getting an education loan is now necessary than any time before. In Raurkela Industrial Township, almost all major banks operating provide education loan Raurkela at the lowest interest rates and minimum documentation to aid in their future growth.

Major Education Loan Providers in Raurkela

Axis Education Loan

HDFC Education Loan

SBI Education Loan

  • Interest Rate 8.55% – 10.5%
  • Interest Rate 9.50% – 13.3%
  • Interest Rate 7.45% – 9.55%
  • Loan up to 40 Lakh
  • Loan up to 20 Lakh
  • Loan Upto 1.5 Crores
  • Up to 15 Years of Repayment
  • Up to 15 Years of Repayment
  • Up to 15 Years of Repayment
  • Processing Fee Upto 2.0%
  • Processing Fee Upto 2.0%
  • Processing Fee Upto 2.0%
  • Loan for Abroad Studies
  • Loan for Abroad Studies
  • Loan for Abroad Studies
  • Online Approval
  • Online Approval
  • Online Approval

Top Institutes for Education Loan Raurkela

Types of Colleges in Raurkela

  • 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 Raurkela

  • Padmanava college of engineering
  • Gopal Krishna College of Engineering and Technology
  • Municipal college
  • Government autonomous college
  • ISPAT college

Top 10 Universities in Raurkela

  • NIT
  • BPUT
  • Kanak Manjari Institute of Pharmaceutical sciences
  • Rourkela Institute of Management studies
  • RIT
  • DAMITS
  • Chinmaya Institute of fire and safety engineering
  • AWDI
  • IIPM
  • Purushuttom 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 Raurkela

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, if there is any
  • Admission acceptance fee
  • All other necessary expenses in relation to study tours, thesis, project work etc. till the course completion
  • 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 Raurkela

  • Complete Education Loan application form required.
  • Previous examination or academic performance mark sheet to be submitted.
  • 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 the student as well as the Parents/ Guardian.
  • The bank issued an account Statement 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 (i.e. Salary slips/ Form 16)
  • In case of a loan amount greater than 7.5 lakh, collateral security is to be submitted.
  • Co-applicants are required for the procedure of loan.

APPLY FOR AN EDUCATION LOAN AT 9.50%

Education loan RaurkelaHow to Apply for Education Loan Raurkela

Checking the rates of education loan Raurkela is important before you apply for it. Various banks offer different rates of interest on loans. This is where Dialabank does that job for you. The advantages of considering Dialabank for taking  education loan Raurkela are:

  • No extra fees are charged from our customers.
  • Quality advise and guidance from our experts.
  • Time-saving process.
  • The Loan gets disbursed in no time at all.

Applying for an education loan to Raurkela is easy with Dialabank. The steps  are as follows:

  • Go to Dialabank
  • The page will require you to fill in your basic details like name, mobile, location and net monthly income.
  • Then, select an education loan from the options below.
  • Accept the I have read the privacy policy and click on “Request a quote”.
  • You will be provided with the best deals on education loan Raurkela by Dialabank according to your need.

Education Loan In Other Cities

Education Loan Malegaon Education Loan Dhule
Education Loan Latur
Education loan Kolhapur
Education Loan Ichalkaranji

 

FAQ for Education Loan 

 What is the maximum amount of time I have to pay back my education loan?

Your loan can be repaid over a period of up to 6 years.

What is the maximum amount of money that may be borrowed for an education loan?

If you are studying in India, you can take out a loan of up to Rs. 25 lakh. You can get a loan of up to 30 lakhs if you want to study abroad.

What is the rate of interest on a student loan?

Our Personal Loan for Education interest rates is reasonable and affordable. Rates start at 10% and go up from there.