|Bank Name||Floating Interest Rate||Processing Fee|
|Kotak Mahindra Bank||11.5 % to 24 %||upto 2% of the loan amount+ GST and other applicable statutory levies|
|Federal Bank||10.90% and 15.30%.||0.50% of the loan amount|
|Bank of baroda||10.50% and 11.55%.||Nil|
|Avanse Finance||11.50 %||1 %|
|RBL BANK||from 14.15 %||Zero|
|TATA CAPITAL||11.25%||upto 2.00%|
|Incred Finance||11.75 % to 14 %||1 %|
|HDFC||12.13%||Maximum upto 1% of the loan amount|
|PNB Education Loan||8.45% and 11.05%||Nil|
|AXIS||starting from 13.7%||Nil|
Indore is the largest and the most populous city in the Indian state of Madhya Pradesh. It is considered as an education hub of the state and has various campuses of both the Indian Institute of Technology and the Indian Institute of Management.
Indore is located on the southern edge of Malwa Plateau, at an average altitude of 550 meters above sea level. Indore has the highest elevation among major cities in Central India. With its historical monuments, vibrant bazaars and street food, the list of places for explores are endless.”
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 indore 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 indore 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 indore, 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 –
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