|Bank Name||Floating Interest Rate||Processing Fee|
|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|
|Bank of baroda||10.50% and 11.55%.||Nil|
|AXIS||starting from 13.7%||Nil|
|RBL BANK||from 14.15 %||Zero|
|Avanse Finance||11.50 %||1 %|
|Federal Bank||10.90% and 15.30%.||0.50% of the loan amount|
|TATA CAPITAL||11.25%||upto 2.00%|
|HDFC||12.13%||Maximum upto 1% of the loan amount|
|PNB Education Loan||8.45% and 11.05%||Nil|
Visakhapatnam (also known as Vizag) is the third largest city of Andhra Pradesh. Vizag was given nicknames like the city of destiny and the jewel of the east coast. It is state’s administrative headquarter and the headquarter of Indian Cost Guard. Located in the middle of Eastern Ghats and the coast of Bay of Bengal, the city is the most populous in Andhra Pradesh. And even with such stats, it is one of the major contributors of India’s GDP. Vizag’s cargo port is the fifth busiest in India and has the oldest shipyard. Its history is one of the oldest which goes back to before Christ era. At some point of time, the city was a part of Kalinga region. Due to the fact that the city was ruled by many kingdoms, it has the great amalgamations of many cultures. RK Beach, Simhachalam Temple, Kailashgiri and Visakhapatnam port are the favorite tourist destinations in Vishakapatnam."
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 visakhapatnam 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 visakhapatnam 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 visakhapatnam, 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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