Make college memories that last a lot longer than your student loan payments.
  • Ghaziabad Education Loan

    Education loans in Ghaziabad are available to students who wish to get admissions in colleges. If you wish to apply for a course in a certain college in the city, and you do not have adequate finances to meet college expenses, education loans can help you do just that. Education loans help in covering a variety of expenses incurred during the tenure of your course, thereby enabling to focus entirely on your academics without having to worry about earning simultaneously.

    Ghaziabad is home to a number of reputed educational institutions such as the Institute of Management Education, AMOGHA Institute of Professional and Technical Education, KENT Institute of Higher Education, Sankalp Institute of Education, and Indirapuram Institute of Higher Studies, to name a few.

    Some of the streams that attract a large number of students in Ghaziabad include accounting and commerce, business and management studies, law, IT and software, and humanities and social sciences. The courses that are undertaken in large numbers include Bachelors of Computer Application, Bachelors of Business Administration, Bachelors of Library Science, Bachelors of Commerce, B.A. LL.B, Master of Business Administration, Master of Computer Application, Post Graduate Diploma in Management, etc.

    Banks offering education loans in Ghaziabad


    Interest Rate


    Kotak Mahindra Bank

    11.50% to 24%

    Up to 25 years

    HDFC Bank

    9.20% onwards

    Up to 15 years

    Bank of Baroda

    8.65% onwards

    Up to 15 years

    Union Bank of India

    10.60% onwards

    Up to 15 years

    State Bank of India

    8.75% onwards

    Up to 15 years

    Axis Bank

    13.70% onwards

    Up to 15 years

    Canara Bank

    8.85% onwards

    Up to 15 years

    IDBI Bank

    9.90% onwards

    Up to 15 years

    Central Bank of India

    10.15% onwards

    Up to 15 years

    ICICI Bank

    11.50% onwards

    Up to 10 years

    Courses and expenses that are covered by an education loan

    The courses and expenses covered by education loans vary from lender to lender, but most banks cover approved courses that result in the student receiving a graduate or a post graduate degree, or a post graduate diploma from a university or college recognised by the central government, the University Grants Commission (UGC), the All India Board of Management Schools (AIBMS), the All India Council for Technical Education (AICTE), and the Indian Council of Medical Research (ICMR).

    As for international courses, most lenders cover courses that entail a post graduate diploma or job-oriented degree, or professional courses undertaken by reputed institutes at the under graduate as well as the post graduate level.

    The expenses covered by an education loan are as follows:

    • Tuition fees, school or hostel fees
    • Examination, laboratory, or library fees
    • Passage money or travel expenses for studies abroad
    • Caution deposit, refundable deposit or building fund supported by institution receipts or bills
    • Purchase of uniforms, books, instruments, or equipment
    • Other expenses needed for the completion of the course, such as project work, study tour, thesis, etc.

    How to apply for an education loan in Ghaziabad

    You can apply for an education loan in Ghaziabad either online or offline. Here is how you can apply offline:

    • Do your research regarding the education loan and gather all the required documents.
    • Go to the nearest branch of the bank you have selected.
    • Request for an education loan application form and enter all the required personal, financial, and academic information.
    • Go through the terms and conditions and confirm your acceptance of the same with the loan officer or relationship agent or bank official.
    • Finish the process and get your education loan agreement.

    Here is how you can apply for an education loan online:

    • Go to the official website of the bank you have chosen.
    • Visit the education loan section and fill up the application form by entering all the required details.
    • Provide the required financial and academic details to the bank when you get a callback.
    • Choose the doorstep service of the education loan or visit a branch of the bank to complete the process.

    Fees and charges associated with education loans in Ghaziabad

    Here are the fees and charges associated with education loans in Ghaziabad:

    Rate of Interest

    8.65% to 24%

    Processing Fees

    Up to 2% of the amount borrowed plus statutory levies, as applicable

    Stamping Charges

    As per the stamping charges applicable to the respective state

    *Please note that interest rates, processing fees and all other charges vary from bank to bank depending upon the profile of the borrower.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    This Page is BLOCKED as it is using Iframes.