Education Loan Visakhapatnam
Education Loan Visakhapatnam is offered by more than 15 major banks and NBFCs located across the city. Therefore, the appropriate and fitting way to finance your child’s education is through availing education loan, which will cover the tuition fee and the extra expenses such as air travel, insurance premium, boarding & lodging, and other miscellaneous necessities.
Major Education Loan Providers in Visakhapatnam
| 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 crore | Up to 20 Lakh | Up to 40 Lakh |
| Tenure | Up to 15 Years | Up to 15 Years | Up to 15 Years |
| Processing Fee | Up to 2.0% | Up to 1.0% | Up to 15k |
| Loan for Abroad Studies | Yes | Yes | Yes |
| Online Approval | Yes | Yes | Yes |
| Apply | Apply Now | Apply Now | Apply Now |
Top Institutes for Education Loan Visakhapatnam
Types of Colleges in Visakhapatnam
Top 10 Colleges in Visakhapatnam
Top 7 Universities in Visakhapatnam
Types of Colleges in Visakhapatnam
- 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 Visakhapatnam
- International Institute of Technology
- Gandhi Institute of Technology and Management
- NVP Law college
- Chaitanya Engineering College
- Visakha Law College
- Indian Institute of Management
- GITAM School of Architecture
- Vizag Institute of Technology
- Vishwanadha Institute of Technology and Management
Top 7 Universities in Visakhapatnam
- Andhra University
- GITAM University
- Damodaram Sanjivayya National Law University
- Baba Insititute of Technology and Sciences
- Andhra University College of Arts and Commerce
- Centurion University of Technology and Management
- Kalam Institute of Health 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 Visakhapatnam
| Expenses Covered | Courses Covered | |
| Studying in India | Studying Abroad | |
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Documents Required for Education Loan Visakhapatnam
- Letter of Admission from college
- 2 recent passport size photographs (Coloured)
- Statement of Academic expense
- AADHAR Card of the student as well as Parent/Guardian
- PAN Card of the student as well as Parent/Guardian
- ID Proof such as Driving License/Passport/Aadhar or any other government-approved photo identity.
- I filled in the Loan Application form
- Proof of residence such as Driving License/Passport/Electricity Bill/Telephone Bill.
- Student/Co-borrower/guarantor’s bank account statement for the previous 6 months
- IT return/IT assessment order, of previous 2 years of Parent/Guardian/co-borrower (if IT payee)
- Brief statement of assets & liabilities of Parent/ Guardian/ co-borrower
- Income Proof(i.e. salary slips/ Form 16) Parent/ Guardian/ co- borrower
APPLY FOR AN EDUCATION LOAN AT 9.50%
How to Apply for Education Loan Visakhapatnam
Applying 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 Visakhapatnam :
- Visit Dialabank
- Select Education loan under the Loan Section
- The applicant will be directed to all details of the education loan where they can choose their preferred city.
- For more information and free assistance, you may call on 9878981166.
