Education Loan in Varanasi

About Education Loan in Varanasi

Bank NameFloating Interest RateProcessing Fee
HDFC12.13%Maximum upto 1% of the loan amount
Incred Finance11.75 % to 14 %1 %
Syndicate Bank13.25%nil*
RBL BANKfrom 14.15 %Zero
Bank of baroda10.50% and 11.55%.Nil
PNB Education Loan8.45% and 11.05%Nil
Avanse Finance11.50 %1 %
AXISstarting from 13.7%Nil
Kotak Mahindra Bank11.5 % to 24 %upto 2% of the loan amount+ GST and other applicable statutory levies
ICICI11.5 %Nil
Federal Bank10.90% and 15.30%.0.50% of the loan amount
TATA CAPITAL11.25%upto 2.00%

About Varanasi

Varanasi is the city situated on the banks of Ganga in Uttar Pradesh, India. Being the major religious hub in India, Varanasi is considered as the holiest of the 7 sacred places in Hinduism and Jainism. This city is also the important place for Buddhist as it played important role in wide-spreading of Buddhism. Varanasi is worldwide famous for its Hindu devotion, pilgrimage, mysticism and poetry. People from all around the globe come here to find the peace and spirituality. Varanasi is a magical city where people find peace in noisy streets.

About education Loan in Varanasi

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 Varanasi 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 Varanasi -

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

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 Varanasi

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

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 finance
Term loans
Corporate finance
Liquidity management
Salary account
Fixed deposit account
Savings account
Ordinary 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.

Branch

NORTHERN RLY PR COOP BANK VARANASIVARANASI, UTTAR PRADESH

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.

Banking

Instant Banking
Baroda Connect (Internet Banking)
BHIM Baroda Pay
Baroda M-connect Plus (Mobile Banking)
Mobile Application
Baroda mPassbook
Baroda m-Invest App
BHIM UPI Payment App

Product

Account Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Loans

Loans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Card

Debit Cards Visa Electron Card RuPay Platinum Card Baroda Master Platinum Card RuPay Classic Card Master Classic Card Visa Platinum Chip CardPrepaid Cards Gift Card TravelEasy Card Reloadable CardCredit Cards Easy Visa Platinum Select Visa Platinum Premier Visa Signature Prime Mastercard

Insurance

Life InsuranceHealth InsuranceGeneral Insurance

Popular product

Account Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Branch

VISHESHWARGA BRANCHGURUDHAM COL BRANCHVARANASIMAIN BRANCHSONARPURA,UPSHIVPUR, VARANASISEWAPURI,VARANASI UPSANKAT MOCHAN, VARANASIRAMKATORA BRANCHPILIKOTHI BRANCHPANDEYPUR, UPORDERLY BAZA BRANCHNATI IMLINAI SARAK,VARANASINADESAR, VARANASIMOHAMMDABADMIRZAMURAD DIGITAL BRANCH,UPMANGALPUR,VARANASI,UPMAHMOORGANJ, VARANASI,UPMADANPURA VARANASILUXA ROAD BRANCHLOHTAVARANASIUPLEHRUPUR,VARANASI,UPLANKA BRANCHKATHIRAONKACHHWA ROAD,UPJAGATPUR DIGITAL BRANCHIBB VARANASI BRANCHINDUSTRIAL E BRANCHHERITAGE HOSPITALGYANPUR, DIST SANT RAVIDAS NAGARGOPIGANJ, DIST SANT RAVIDAS NAGARGODOWLIA BRANCHRAMKATORA EXTN. COUNTER, VARANASI, U.P.GOPAL MANDIR EXTENSION COUNTER, VARANASIDLW VARANASI BRANCHDANIYALPUR,VARANASI,UPCHOWK BRANCHCHITAIPUR BR,VARANASI,U.P.CHITTUPURCANTTBSLU VARANASI,UPBHU BRANCHBHITKURI DIGITAL BRANCHBHADOHI BRANCHBELWARIYA DIGITAL BRANCH,UPBAIRAWAN DIGITAL BRANCH,UPAMARA KHAIRA CHAK,VARANASI,UP

Check Your Eligibility

To know how much loan you can get

Loan Amount

Last Year ITR

EMI

Turnover

Mobile

OTP

Email

Employment Type

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