|Bank Name||Floating Interest Rate||Processing Fee|
|Incred Finance||11.75 % to 14 %||1 %|
|Kotak Mahindra Bank||11.5 % to 24 %||upto 2% of the loan amount+ GST and other applicable statutory levies|
|PNB Education Loan||8.45% and 11.05%||Nil|
|HDFC||12.13%||Maximum upto 1% of the loan amount|
|Federal Bank||10.90% and 15.30%.||0.50% of the loan amount|
|RBL BANK||from 14.15 %||Zero|
|Avanse Finance||11.50 %||1 %|
|AXIS||starting from 13.7%||Nil|
|Bank of baroda||10.50% and 11.55%.||Nil|
|TATA CAPITAL||11.25%||upto 2.00%|
Formerly known as Madras, Chennai is the capital town of the state of Tamil Nadu. It is one of the most visited Indian cities by foreign tourists and is the biggest cultural, economic, and educational centre of South India.
Chennai is also nicknamed as “The Detroit of India” having a base of one third of India’s automobile industry. It is also a major film production centre and is home to Tamil Film Industry. For many centuries the region around Chennai has served as an important military, administrative, and economic centre. Ancient coins dating to around 500 BC have been found in the excavations in the city and surrounding areas. The sculpted caves and paintings of the age old period also have been identified from that period.”
We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for an Education Loan with just a few clicks.
Now, you can compare and make a wise choice for the best Education Loan in chennai also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Pick up your desired product and win amazing assured cash backs up to Rs. 5000 on the disbursal of your loan. Get ready to build a stronger tomorrow.
No worries for strict eligibility conditions. We tie-up with all the best lenders in the chennai and help you with flexible eligibility criteria.
The applicant should have secured admission in any of the courses listed by the lender. The courses include but not limited to engineering, medicine, management, architecture, hotel & hospitality, pure science, and diploma. He/She needs to submit market sheets/passing or provisional certificates of S.S.C, H.S.C and degree courses (wherever required).
If you are a salaried individual and like to pursue any course with an education loan, furnish last 6 months salary slips/Form 16. In case, if you are a self-employed, provide last 2 years IT assessment/returns income certificate.
We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.
Salaried Class –
Education loan shapes the future of students. At chennai, we have a wide range of options with exclusive benefits. Everything is online – you don’t need to visit the bank.
Get ready to leverage the following benefits –
RBL Bank (Ratnakar Bank Limited) is one of the fastest growing private sector banks in India, headquartered in Mumbai, Maharashtra. Established in August 9, currently the bank operates through a network of branches, 99 banking outlets and 9 ATMs spread across 0 Indian states and union territories. In August 99, the bank obtained Scheduled Commercial Bank status. It is listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).Banking
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Bank of Baroda (BOB) is an Indian multinational banking and financial services institution headquartered in Vadodara in Gujrat, India. The bank was established on 0 July 908 and nationalized on 9 July 99 along with other major commercial banks of India. It has been termed as a profit-making public sector undertaking (PSU). The bank has 7 global branches including 7 India branches and 0 overseas branches. It offers a wide range of banking products and services including loans, credit and debit cards etc.Banking
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