Education Loan in Rajkot

Check education Loan Interest Rates of All Major Banks of rajkot Instantly

Bank Name

Floating Interest rate

Processing Fee

AXIS

starting from 13.7%

Nil

HDFC

12.13%

Maximum upto 1% of the loan amount

Avanse Finance

11.50 %

1 %

Bank of baroda

10.50% and 11.55%.

Nil

Federal Bank

10.90% and 15.30%.

0.50% of the loan amount

TATA CAPITAL

11.25%

upto 2.00%

ICICI

11.5 %

Nil

Incred Finance

11.75 % to 14 %

1 %

PNB Education Loan

8.45% and 11.05%

Nil

RBL BANK

from 14.15 %

Zero

Syndicate Bank

13.25%

nil*

Kotak Mahindra Bank

11.5 % to 24 %

upto 2% of the loan amount+ GST and other applicable statutory levies

ABOUT EDUCATION LOAN IN RAJKOT

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 rajkot 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 rajkot -

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

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 rajkot

Education loan shapes the future of students. At rajkot, 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 rajkot. 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.

ABOUT RAJKOT

Rajkot is a city in Gujarat state of west-central India. It lies on the bank of Aji River and Nyari River, about 72 km southeast of Jamnagar.

The city was the capital of the former princely state of Rajkot. It was the capital of the Saurashtra state till October 1956 and of the former Western India States Agency. The city is now an important commercial and industrial centre. The city has cotton and woolen textiles industries; ceramics, diesel engines, and water pump sets are also manufactured in the city. Rajkot is famous for its traditional handicrafts such as silk embroidery, silver work, and patola weaving. Rajkot has many historical destinations such as the Jubilee Garden, Mahatma Gandhi Museum, Kaba Gandhi No Delo, Watson Museum, Lang Library, and Saurashtra Cricket Association Stadium. Educational institutions in the city include Rajkumar College and several colleges affiliated with Saurashtra University. The city is connected to major Indian cities by air, railways and highways; it is an important junction on the Western Railway. Its major crops are grains, sugarcane, and cotton.

TOP LOAN PROVIDERS IN RAJKOT

ABOUT KOTAK MAHINDRA BANK LIMITED, RAJKOT, Gujarat

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.

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