|Bank Name||Floating Interest Rate||Processing Fee|
|TATA CAPITAL||11.25%||upto 2.00%|
|PNB Education Loan||8.45% and 11.05%||Nil|
|Bank of baroda||10.50% and 11.55%.||Nil|
|AXIS||starting from 13.7%||Nil|
|Avanse Finance||11.50 %||1 %|
|HDFC||12.13%||Maximum upto 1% of the loan amount|
|RBL BANK||from 14.15 %||Zero|
|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|
|Federal Bank||10.90% and 15.30%.||0.50% of the loan amount|
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 –
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.Banking
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ICICI Bank is an Indian multinational bank and financial services company. Headquartered in Mumbai, India, the bank currently has a network of ,87 branches and , 7 ATMs across India. The bank became the first Indian bank to list on the New York Stock Exchange in 000. It is India’s largest private sector bank with total consolidated assets of Rs. ,.8 billion (US$ 7. billion) as on March 08.Banking
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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.Banking
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