Overview of Education Loan in Bahadurgarh

Education loans in Bahadurgarh support students pursuing higher education, both domestically and internationally. In 2025, these loans offer interest rates starting at 8.5% p.a., loan amounts up to ₹75 lakh (based on course and institution), and repayment tenures up to 15 years, including a moratorium period. Lenders like SBI, Bank of Baroda, and Axis Bank provide tailored education loan options through Loanpao’s platform, with disbursal within 5–10 days for Bahadurgarh applicants.

Eligibility Criteria for Education Loan in Bahadurgarh

Criteria Details
Applicant Type Students or co-applicants (parents/guardians) in Bahadurgarh
Course UG/PG courses in recognized institutions (domestic/international)
Age 18–35 years (student)
Academic Record Minimum 60% in Class 12 or equivalent
Co-applicant Income Stable income (salaried/self-employed) for co-applicant

Documents Required for Education Loan in Bahadurgarh

  • Identity Proof: Aadhaar, PAN Card, or Voter ID (student and co-applicant).
  • Address Proof: Utility bill, Aadhaar, or rental agreement (Bahadurgarh address).
  • Academic Documents: Class 10/12 marksheets, admission letter, fee structure.
  • Income Proof: Salary slips (3 months), bank statements (6 months), or ITR (2 years) of co-applicant.
  • Other Documents: Loan application form, course prospectus (for international studies).
  • Photograph: Recent passport-size photos (student and co-applicant).

Benefits of Education Loan in Bahadurgarh

  • Loan amounts up to ₹75 lakh for higher education.
  • Competitive interest rates starting at 8.5% p.a. in 2025.
  • Repayment tenures up to 15 years with moratorium period.
  • Covers tuition, hostel, and other education-related expenses.
  • Disbursal within 5–10 days in Bahadurgarh.

Factors Affecting Education Loan in Bahadurgarh

Interest Rate

Rates range from 8.5% to 12% p.a., based on course, institution, and co-applicant’s credit profile.

Loan Amount

Up to ₹75 lakh, depending on course fees and co-applicant’s income.

Co-applicant’s Credit Score

Scores above 650 improve approval chances and secure lower rates in Bahadurgarh.

Institution Recognition

Loans are prioritized for recognized institutions with strong placement records.

How to Apply for an Education Loan in Bahadurgarh

Follow these steps to apply for an education loan in Bahadurgarh through Loanpao:

  1. Visit loanpao.in and select "Education Loan in Bahadurgarh."
  2. Fill out the online application form with student and co-applicant details (name, Bahadurgarh address, course details).
  3. Upload required documents (academic, income, admission letter).
  4. Get approval within 2–5 days after verification.
  5. Receive funds disbursed within 5–10 days in Bahadurgarh.

Loan Eligibility for Education Loan in Bahadurgarh

Check your eligibility for an education loan in Bahadurgarh with Loanpao’s tool:

  • Confirm student and co-applicant details.
  • Provide course details (UG/PG, domestic/international).
  • Enter academic record (minimum 60% in Class 12).
  • Submit co-applicant’s income details (salaried/self-employed).
  • Include co-applicant’s credit score (650+ preferred).

Loanpao will assess your eligibility and suggest the best education loan offers in Bahadurgarh.

Check Eligibility Now

Track Your Education Loan Application in Bahadurgarh

Loanpao provides a seamless tracker for your education loan application:

  • Submit your application ID on the Loanpao Tracker page.
  • Get real-time updates on status (e.g., under review, approved, disbursed).
  • Receive notifications for disbursal updates in Bahadurgarh.
  • Contact Loanpao support for assistance with delays in Bahadurgarh.
Track Application Now

Education Loan Comparison in Bahadurgarh

Compare education loan offers from top lenders in Bahadurgarh:

Lender Interest Rate Loan Amount Tenure Processing Fee
SBI 8.5% p.a. Up to ₹75 lakh Up to 15 years ₹10,000 (flat)
Bank of Baroda 9% p.a. Up to ₹50 lakh Up to 12 years 0.5% of loan amount
Axis Bank 9.5% p.a. Up to ₹40 lakh Up to 10 years 0.75% of loan amount

Frequently Asked Questions

Education loans cover tuition fees, hostel charges, books, equipment, travel (for international studies), and other course-related expenses.

The moratorium period typically includes the course duration plus 6–12 months, during which no EMI payments are required.

Collateral may be required for loans above ₹7.5 lakh, depending on the lender and loan amount.

The maximum loan amount is up to ₹75 lakh, based on course fees and co-applicant’s income.

Yes, most lenders allow prepayment with no charges after the moratorium period.

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