Check Education Loan Interest Rates of all major banks of hyderabad Instantly
| Bank Name | Floating Interest Rate | Processing Fee |
|---|
| ICICI | 11.5 % | Nil |
| Syndicate Bank | 13.25% | nil* |
| TATA CAPITAL | 11.25% | upto 2.00% |
| Incred Finance | 11.75 % to 14 % | 1 % |
| HDFC | 12.13% | Maximum upto 1% of the loan amount |
| AXIS | starting from 13.7% | Nil |
| RBL BANK | from 14.15 % | Zero |
| Bank of baroda | 10.50% and 11.55%. | Nil |
| Avanse Finance | 11.50 % | 1 % |
| Federal Bank | 10.90% and 15.30%. | 0.50% of the loan amount |
| 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 |
About hyderabad
“
Hyderabad may seem a city mostly visited by the tech employees and businessmen. However, the city was the center for Medieval history and the place where diamonds were first, and only, mined. Hyderabad is the capital and largest city of the Indian state of Telangana capital of Andhra Pradesh. It occupies 650 square kilometers (250 sq mi) along the banks of the Musi River.
Hyderabad City is a Metropolitan Region with a population of about 6.9 million, with about 9.7 million in. This makes it the fourth-most populous city and sixth-most populous urban agglomeration in India. The city is rich in food and history. The places like Charminar, Paigah Tombs, Chowmahalla, Golconda fort, Hussain Sagar Lake, and others attract the tourists towards it.
”About Education Loan in hyderabad
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 hyderabad 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.
Eligibility Criteria for an Education Loan in hyderabad -
No worries for strict eligibility conditions. We tie-up with all the best lenders in the hyderabad 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.
Documents Required for an Education Loan in hyderabad
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 –
- Identity Proof - Aadhaar Card /Voters ID/Passport/Driving License /PAN Card
- Residential Proof – Electricity Bill/Water Bill/Telephone Bill (not more than 3 months old)
- Admission Proof – Letter of admission on the institute/university’s letter head
- Co-applicants documents – Co-applicant should be among father, mother, sister, brother, spouse, or if these members are not able to give their collateral, then the applicant’s father-in-law, mother-in-law, first cousin, maternal or paternal uncle/aunt/ grandparents can be co-applicant.
- Income Proof – Salary slips for the last three months along with the bank statement showcasing the credited salary
- Employment Certificate – for the past 1 year
- Photographs - Two passport size
For Self-employed
- KYC documents – Identity & address and proof of date of birth
- Residence Proof - Leave and license agreement, utility bill (should not be more than three months old), and a copy of your passport if, you own one.
- Income Proof – ITR for the last 1 year
- Official Address Proof – Address proof along with your email ID and phone number
- Business Continuity Proof – Testimonials to show your business is running from the last 1 year
Benefits & features of taking an Education Loan in hyderabad
Education loan shapes the future of students. At hyderabad, 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 –
- Instant Approval – Yes. SBI, ICICI, HDFC and other players are offering instant paperless approval for an Education Loan. Apply at Afinoz, and we will help you avail the Education Loan at best rate.
- High Eligibility – Within just a few minutes, we will assess your education loan eligibility and suggest you the best available options in hyderabad. Our process is driven by automated technologies, and we help you get low EMI Education Loan
- Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Education Loan balance to save on money. Some lenders charge fee for a balance transfer.
BANK OF BARODA
About
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.
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Branch
QUTHBULLAPUR
MANIKONDA
HAYATHNAGAR
DILSUKHNAGAR
STATE BANK OF INDIA
About
State Bank of India (SBI) is India’s multinational public sector banking and financial services company. SBI was established in 80 and is headquartered in Mumbai, Maharashtra. The bank is the largest bank in India with a % market share in assets. State Bank of India operates a network of , branches and 9, ATMs in India and internationally. SBI operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business channels. It extends a comprehensive range of banking products and services to individuals, commercial enterprises, corporates, and government bodies, and institutional customers in India and internationally. Its personal banking services include current accounts, savings accounts, term and recurring deposits; personal, home, auto, and education as well as loans against property and securities; and wealth management, demat, ATM, foreign inward remittance, safe deposit locker, public provident fund, money transfer, and pension policy, as well as cards and inflation indexed national savings securities cumulative bonds. It also provides corporate banking services including corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer financing, channel financing, equipment leasing, loan syndication, financing Indian firms overseas subsidiaries or JVs, and construction equipment loans. In addition, the bank offers NRI services, such as accounts and deposits, remittances, investments, and loans; agricultural banking and micro credit to agriculturists and farmers; loans, supply chain finance, and deposits and transaction banking services for SME customers; and international banking services.
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ProductBanking, Loans, Deposit
Loanspersonal Loans, car Loan, Loan Against Property, Education Loan, Housing Loans, Gold Loans,Corporate Term Loans
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Branch
DILSUKH NAGAR
AS RAO NAGAR SECUNDERABADD
MICCORPORATE BRANCH HYDERABAD
RACPCHYDERABAD
ASHOK NAGAR
PADMARAO NAGAR
DISASTER RECOVERY CENTRE DRC HYDERABAD
GOC HYDERABAD
FUNDS SETTLEMENT LINK OFFICE, TELANGANA
BODUPPAL
HYDERABAD, MADHAPUR
KUKATPALLY
SHIVAJI NAGAR, SECUNDERABAD
SOMAJI GUDA, HYDERABAD
MID CORPORATE BRANCH, HYDERABAD²
PLATINUM BRANCH HYDERABAD
BALKAMPET
HAFEEZPET
MADHURANAGAR
RACPC MOULA ALI
VENKATAGIRI
SRI VENKATESWARA COLONY
GREEN HILLS COLONY HYDERABAD
RBO IV HIMAYATNAGAR
RBO III MADHAPUR
RBO II DILSUKHNAGAR
RBO I MEHDIPATNAM
SMEC HYDERABAD
RACPC DILSUKHNAGAR
SBIINTOUCH JNTU CIRCLE
SBIINTOUCH HIMAYATNAGAR
SBIINTOUCH BEGUMPET
SBIINTOUCH,SINDHI COLONY
SBIINTOUCHLITE, HYDERABAD
TULSINAGAR, KUKATPALLY
CHIREC AVENUE KONDAPUR
NALLAGANDLA
KAMALA NAGAR, HYDERABAD
STRESSED ASSETS MANAGEMENT BRANCH HYDERABAD
SOMAJIGUDA
SYNDICATE BANK
About
Syndicate Bank is one of the oldest and major commercial banks in India and was founded in 9. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The name of the bank was changed to Syndicate Bank in 9. It is headquartered in Manipal, Karnataka and was one of the major commercial banks to be nationalized on 9 July 99, by Government of India. Syndicate Bank operated a network of 0 branches, including ,9 rural, ,7 semi-urban, 8 urban, and 8 metro branches in India; and branch in London, as well as ,8 ATMs as of March 08. Syndicate Bank offers banking products and services to corporate, SMEs and retail customer in India. Its deposit products include savings accounts, current accounts, and term deposits. It also provides retail, agricultural and other priority sector loans. In addition, the bank provides corporate finance such as working capital finance; export credit, term loan finance; loan against receivables; and project finance that includes infrastructure projects. Further, it provides Aadhaar seeding, NEFT/RTGS, online tax payment, online shopping and utility bill payment, and e-filing of income tax returns. Other services include CMS, bancassurance, mutual fund services, and demat services. Syndicate Bank also provides international banking products such as non-resident (external) rupee, non-resident ordinary rupee, resident foreign currency, and foreign currency non-resident accounts, as well as manages exchange companies.
BankingSMS BankingNet BankingMissed Call Banking
ProductLoan, Banking, Credit Card
LoansRetail Loan, Agriculture Loan, Priority Sector Loan, SME Loan
CardSyndicate Bank Global Visa Credit Card
InsuranceNA
Popular productLoan, Banking, Credit Card
Branch
NEREDMET X ROAD,SECUNDERABAD
NACHARAM
A S RAO NAGAR KAPRA SECUNDERABAD
BALAJI NAGAR HYDERABAD
INDUSIND BANK
About
Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.
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ProductThe bank provides various banking solutions to individuals, NRIs, business owners, corporate, government and financial Institutions. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and other Banking Operations segments. The bank offers current, savings, defense, corporate salary, and RFC accounts; and fixed deposits, recurring deposits, young saver deposits, as well as Rupee multiplier products.
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Branch
KONDAPUR
JUBILEE HILLS HYDERABAD
GACHIBOWLI HYDERABAD
L B NAGAR HYDERABAD
S R NAGAR HYDERABAD