Education Loan in nagpur

Check Education Loan Interest Rates of all major banks of nagpur Instantly

Bank NameFloating Interest RateProcessing 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%
Syndicate Bank 13.25%nil*
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
ICICI 11.5 %Nil

About nagpur

Nagpur is the third-largest city of the Indian state of Maharashtra. Nagpur is also popular with the name of Deekshabhoomi (one of the largest hollow Buddhist stupas in the world). The city has taken its name from the river Nag which flows through the city. The old Nagpur which today known as Mahal is located on the north banks of river Nag. The Nagpur city has many tourists places like Adasa Ganpati Temple, Deekshabhoomi, Shri Ram Temple, Balaji Kartikeya Temple, Sitabuldi Fort, Futala Lake, Ambazari Lake, Jama Mosque, Dragon Palace Temple, Ram Dham, Zero Mile, Milan Cargo Hub, Maharajbagh Zoo, Nagzira Wildlife Sanctuary, Tadoba National Park, Ramtek Fort Temple, Khindsi Lake, etc.

About Education Loan in nagpur

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 nagpur 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 nagpur -

No worries for strict eligibility conditions. We tie-up with all the best lenders in the nagpur 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 nagpur

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 nagpur

Education loan shapes the future of students. At nagpur, 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 –

  1. 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.
  2. High Eligibility – Within just a few minutes, we will assess your education loan eligibility and suggest you the best available options in nagpur. Our process is driven by automated technologies, and we help you get low EMI Education Loan
  3. 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.

RBL Bank Limited

About

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

SMS BankingOnline BankingMobile/Phone Banking

Product

Corporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits

Loans

home loanspersonal loansbusiness loanseducation loansauto loansloans against propertyoverdrafts against propertyloans against depositsgold metal loansworking capital finance

Card

Mastercard Credit Card

Insurance

Life InsuranceGeneral InsuranceHealth Insurance

Popular product

Corporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits

Branch

NAGPUR

KOTAK MAHINDRA BANK LIMITED

About

Kotak Mahindra Bank Limited is a private sector Indian Bank headquartered in Mumbai, Maharashtra. The bank was founded in 98 and in February 00, Kotak Mahindra Finance Ltd. received the license from the Reserve Bank of India to carry on banking business. It had a network of ,88 full-fledged branches and ,99 ATMs in the country as of March 08.

Banking

Internet BankingMobile BankingSMS Banking

Product

DepositFixed DepositRecurring DepositTax Saving Fixed DepositSenior Citizen Fixed DepositSweep-In Facility

Loans

Home LoanCar LoanPersonal LoanEducation LoanGold LoanLoan Against SecuritiesLoan Against Property

Card

Credit CardsDebit CardsForex / Prepaid Cards

Insurance

Life InsuranceHealth InsuranceMotor InsurancePradhan Mantri Jeevan Jyoti Bima YojanaPradhan Mantri Suraksha Bima YojanaAtal Pension Yojana

Popular product

DepositFixed DepositRecurring DepositTax Saving Fixed DepositSenior Citizen Fixed DepositSweep-In Facility

Branch

UMIYA URBAN CO-OP BANK LTD SHESH NAGAR
UMIYA URBAN CO-OP BANK LTD PARDI
UMIYA URBAN CO-OP BANK LTD ITWARI NAGAR
UMIYA URBAN CO-OP BANK LTD WARDHMAN NAGAR NAGPUR
THE CHITNAVISPURA SAHAKARI BANK LTD BUTIBORI
THE CHITNAVISPURA SAHAKARI BANK LTD SAKKARDARA
THE CHITNAVISPURA SAHAKARI BANK LTD KALMESHWAR
THE CHITNAVISPURA SAHAKARI BANK LTD ITWARI
THE CHITNAVISPURA SAHAKARI BANK LTD MAHAL
SHRIRAM URBAN CO-OPERATIVE BANK LTD NAGPUR GODHNI
SHRIRAM URBAN CO-OPERATIVE BANK LTD NAGPUR MANEWADA BRANCH
SHRIRAM URBAN CO-OPERATIVE BANK LTD NAGPUR PRATAP NAGAR
SHRIRAM URBAN CO-OPERATIVE BANK LTD NAGPUR GANDHIBAG
SHRIRAM URBAN CO-OPERATIVE BANK LTD NAGPUR MAIN BRANCH SHRADDHANAND PETH
SHRIRAM URBAN CO-OPERATIVE BANK LTD NAGPUR HEAD OFFICE SHRADDHANAND PETH
NAGPUR MAH PALIKA KARM SAH B L GANDHI NG
NAGPUR MAH PALIKA KARM SAH B L PANCHPAOLI
NAGPUR MAH PALIKA KARM SAH B L NANDANVAN
NAGPUR MAH PALIKA KARM SAH B L MAHAL
BYRAMJI TOWN BRANCH
TRIMURTI NAGAR BRANCH
MEDICAL SQUARE BRANCH
GANDHI BAUG BRANCH
C A ROAD NAGPUR
DHARAMPETH BRANCH
VARDHMAN NAGAR BRANCH NAGPUR
NAGPUR

YES BANK

About

Yes Bank Limited is India’s fourth largest private sector bank headquartered in Mumbai, Maharashtra, India. Established in 00, the bank primarily operates as a corporate bank, with retail banking and asset management as subsidiary functions. As of March, 08, the bank had a network of ,00 branches; national operating centers; and ,7 ATMs and bunch note acceptors.

Banking

Working capital financeTerm loansCorporate financeLiquidity managementSalary accountFixed deposit accountSavings accountOrdinary account

Product

The bank also offers retail banking solutions such as personal, secured business, home, construction equipment, car, super bike, commercial vehicle, gold loans, and loans against securities; business banking services to micro, small, and medium enterprises; and health care and printing equipment finance.

Loans

Personal loanSecured business loanHome loanConstruction equipment loanCar loanSuper bike loanCommercial vehicle loanGold loansLoans against securitiesMSME LoanHealth care equipment financePrinting equipment finance

Branch

THE YAVATMAL UCB BAIDYANATH CHOWK
THE YAVATMAL UCB WARDHAMAN NAGAR
THE YAVATMAL UCB GANDHIBAG
THE YAVATMAL UCB NAGPUR
VIDARBHA MERCHANTS UCB NAGPUR
UMIYA URBAN COOP BANK LTD MOUDA
UMIYA URBAN COOP BANK SHESH NAGAR
UMIYA URBAN COOP BANK PARDI
UMIYA URBAN COOP BANK ITWARI
UMIYA URBAN COOP BANK WARDHAMAN NGR
UMIYA URBAN COOP BANK HEAD OFFICE
SHRI ANAND NAGARI SAHAKARI BANK NAGPUR
RAVI COMMERCIAL URBAN COOP BANK
THE PUSAD UCB BUTIBORI
THE PUSAD UCB NAGPUR
GANDHIBAGH SAHAKARI BANK PARDI
GANDHIBAGH SAHAKARI BANK MANEWAR
GANDHIBAGH SAHKARI BANK MHALGINAGAR
GANDHIBAGH SAHAKARI BANK MIDC
GANDHIBAGH SAHAKARI BANK GANJAKHET
GANDHIBAGH SAHAKARI BANK GANDHIBAG
GANDHIBAGH SAHAKARI BANK HO
AKOLA URBAN COOP BANK GANDHIBAGH
AKOLA URBAN COOP BANK SITABULDI
KHAMLA SQUARE, NAGPUR
TELEPHONE SQUARE CHOWK,NAGPUR
UMRED
BUTI BORI, MAHARASHTRA
NAGPUR, MAHARASHTRA