Education Loan Vellore

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Rates as low as 9.33%
Pre-Admission Loans
Study in India / Abroad
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Education Loan Vellore

Education Loan Vellore

Vellore is situated in the state of Tamil Nadu, India. The city is rich in education and has various opportunities for students in terms of college availability. But, since the education rates are increasing day by day the need for education loans is also increasing with time. To cater to the opportunities of students and assist them in and around the state, almost all major banks and NBFCs operating in the city provide education loans Vellore to the students at the lowest interest rates and minimum documentation.

Major Education Loan Providers in Vellore

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 Vellore

Types of Colleges in Vellore

  • 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 Vellore

  • Christian medical college
  • Government Law college
  • Auxilium college
  • D.K.M. College for women
  • MMES Women’s Arts and Science college
  • Tirupathur Arts and Science college
  • Mazharul Uloom college
  • C. Abdul Hakeem college
  • Voorhees college
  • Muthurangam Govt. arts college

Top 10 Universities in Vellore

  • Vellore Institute of Technology (VIT)
  • Tiruvalluvar University
  • TIDE
  • SRM Institute of Technology
  • Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya
  • SRM Institute of science and technology
  • SIASC
  • Sacred Heart college
  • Rajiv Gandhi Institute of Youth development
  • Sri Venkateswara University

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 Vellore

Expenses Covered Courses Covered
Studying in India Studying Abroad
  • All stationary cost
  • Cost of laptop or computer, if required for the course
  • Hostel, mess or accommodation charges
  • Academic fee
  • Examination fee
  • Library and laboratory fees
  • All other necessary expenses in relation to study tours, thesis, project work etc. are essential for course completion
  • Insurance premium for the borrower
  • Admission acceptance fee
  • 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 Vellore

  • 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.
  • 2 passport size photographs.
  • PAN Card of the student as well as the Parents/ Guardian
  • 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 (i.e. Salary slips/ Form 16)
  • In case of a loan amount greater than 7.5 lakh, collateral security to be submitted.
  • Co-applicants required for the procedure of loan
  • List of expenses essential for completion of the course.

APPLY FOR AN EDUCATION LOAN AT 9.50%

How to Apply for Education Loan Vellore

Education loan Vellore

Applying for an education loan Vellore is easy and reliable with Dialabank. Dialabank helps you in getting the right loan that will cost you minimum documentation and interest rate. The steps that need to be followed for applying online are as follows:

  • Visit Dialabank
  • The page will ask you to fill in your details like name, mobile, location and net monthly income.
  • Select education loan from the options given below 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 on education loan Vellore according to your need.
  • The applicant will get all the details where he can read and understand more about education loan Vellore.

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