Overview of Education Loan in Dharuhera

Education loans in Dharuhera, a growing industrial and residential hub in Haryana’s Rewari district, support students pursuing higher education domestically or internationally. In 2025, these loans offer interest rates starting at 8.5% p.a., with loan amounts up to ₹1 crore, depending on the course, institution, and repayment capacity. Lenders like SBI, Bank of Baroda, and Avanse Financial Services provide tenures up to 15 years, with moratorium periods during studies. Loanpao simplifies the process for Dharuhera residents with instant eligibility checks, lender comparisons, and online applications.

Eligibility Criteria for Education Loan in Dharuhera

Criteria Details
Applicant Type Students with co-applicant (parent/guardian)
Admission Confirmed admission to recognized institutions (India or abroad)
Age 18–35 years
Co-applicant Income Minimum ₹2 lakh p.a. (salaried or self-employed)
Credit Score 650 or above for co-applicant preferred

Documents Required for Education Loan in Dharuhera

  • Identity Proof: Aadhaar Card, PAN Card, or Voter ID (student and co-applicant).
  • Address Proof: Utility bill, Aadhaar, or rental agreement (Dharuhera address).
  • Admission Proof: Admission letter from recognized institution.
  • Income Proof: Salary slips (last 3 months) or ITR (last 2 years) of co-applicant.
  • Bank Statements: Last 6 months of co-applicant’s account.
  • Academic Records: Mark sheets of 10th, 12th, or degree.
  • Photograph: Recent passport-sized photos (student and co-applicant).

Benefits of Education Loan in Dharuhera

  • Loan amounts up to ₹1 crore for domestic or international studies.
  • Competitive interest rates starting at 8.5% p.a. in 2025.
  • Flexible repayment tenures up to 15 years with moratorium period.
  • Covers tuition fees, accommodation, and other study-related expenses.
  • Fast disbursal within 5–10 days in Dharuhera.

Factors Affecting Education Loan in Dharuhera

Interest Rate

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

Co-applicant’s Credit Score

A score above 650 improves approval chances and secures lower rates.

Institution Recognition

Loans for reputed institutions (e.g., IITs, IIMs, or top global universities) get better terms.

Course Type

Professional courses (e.g., engineering, medicine) often qualify for higher loan amounts.

How to Apply for an Education Loan in Dharuhera

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

  1. Visit loanpao.in and select "Education Loan in Dharuhera."
  2. Complete the online application form with student and co-applicant details (name, Dharuhera address, income).
  3. Upload required documents (admission letter, income proof, academic records).
  4. Compare offers from top Dharuhera lenders like SBI, Bank of Baroda, and Avanse Financial Services.
  5. Receive funds within 5–10 days after approval.

Loan Eligibility for Education Loan in Dharuhera

Check your eligibility for an education loan in Dharuhera using Loanpao’s tool:

  • Enter student details (age, admission letter).
  • Provide co-applicant details (income, Dharuhera address).
  • Submit academic records (10th, 12th, or degree mark sheets).
  • Include co-applicant’s credit score (650+ preferred) and bank statements.

Loanpao will evaluate your eligibility and recommend the best education loan offers in Dharuhera.

Check Eligibility Now

Track Your Education Loan Application in Dharuhera

Loanpao offers a user-friendly tracker for your education loan application:

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

Education Loan Comparison in Dharuhera

Compare education loan offers from top lenders in Dharuhera for 2025:

Lender Interest Rate Loan Amount Tenure Processing Fee
SBI 8.5% p.a. Up to ₹1 crore Up to 15 years ₹10,000 (flat)
Bank of Baroda 9% p.a. Up to ₹80 lakh Up to 12 years 0.5%–1% of loan amount
Avanse Financial 10% p.a. Up to ₹75 lakh Up to 10 years 1%–2% of loan amount

Frequently Asked Questions

Tuition fees, accommodation, books, travel, and other study-related expenses.

Loans are typically disbursed within 5–10 days after approval in Dharuhera.

Up to ₹1 crore, based on course, institution, and co-applicant’s income.

Yes, a co-applicant (parent/guardian) is required to ensure repayment.

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