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Union Bank Education Loan
Union Bank Education Loan
In pursuit of a comprehensive and prosperous life, education plays a crucial role. However, with the rising costs of education, not all parents can afford to provide their children with the best education. To bridge this financial gap, education loans become essential, serving as a lifeline for students aiming for higher education. Education loans have become a necessity due to the escalating tuition fees, especially for engineering and medical universities. As education costs soar, parents often face financial difficulties even with long-term investments. Education loans in India play a pivotal role in enabling students to enrol in prestigious colleges, ensuring a brighter academic future.
Documents Required
  • Educational certificates
  • KYC documents
  • Admission letter
  • Fee structure
  • Income proof and KYC documents of the co-applicant.
  • Eligibility Criteria
  • Students pursuing PhD courses are eligible for an education loan.
  • Individuals enrolled in Graduation/PG/Diploma courses from recognized institutions and universities can apply for the loan.
  • Those undertaking Technical/Professional/Management courses are also eligible.
  • Eligibility for Education Loan - Abroad:
  • Aspirants pursuing PhD courses overseas are eligible for the education loan.
  • Students seeking Graduation/PG degrees from reputed foreign institutions/universities can apply.
  • Eligibility extends to certified degree courses offered by institutions like CIMA, London, CPA, USA, and others.
  • Requirements for an International Education Loan:
  • Applicants must be Indian citizens to be eligible for an international education loan.
  • The presence of a parent or guardian is a prerequisite for loan application.
  • Submission of an acceptance letter from a reputable overseas university is mandatory.
  • A stable financial situation is essential for the disbursement of the education loan.
  • Applicants for Education Loan in India:
  • The primary borrower for an education loan in India is the student.
  • Co-applicants can be either a parent or spouse, facilitating joint loan applications for financial support.
  • image
    Student Credit Card Free Loan Scheme
    The Department Of Higher Education, Govt. Of West Bengal

    10,00,000

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    Paras Education Services Education Loan
    Paras Education Services

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    Jain Jagruti Charitable Trust Education Loan
    Jain Jagruti Charitable Trust

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    Valor Trust Education Loan
    Valor Trust

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    Zalawadi Sabha Charitable Foundation Education Loan
    Zalawadi Sabha Charitable Foundation

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    PHD
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    Edu Trust Education Loan
    Edu Trust

    7,50,000

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    Engineering
    Medical
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    Professional courses
    image
    Bunts Sangha Interest Free Loan 2024
    Bunts’ Sangha Bangalore

    30,000

    31 March

    Class 10
    Class 11
    Class 12
    Diploma
    Engineering
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    Rotary Club Of Mulund Interest Free Loan 2024
    The Rotary Club Of Mulund

    Financial Assistance

    25 August

    ITI
    Diploma
    Engineering
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    KMDC Foreign University Higher Education Loan 2024
    Karnataka Minorities Development Corporation Limited

    Education Loan

    31 August

    Engineering
    Masters
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    Post Doctoral
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    Zeenam Charitable Trust Education Loan
    Zeenam Charitable Trust

    Education Loan

    19 July

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    Interest Free Loan For Education
    Diay Pakistan Organisation

    51,000

    31 December

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    Arivu Vidyabhyasa Education Loan 2024
    Karnataka Minorities Development Corporation Limited

    5,00,000

    31 October

    Engineering
    Medical
    Bachelors
    Masters
    image
    Student Credit Card Free Loan Scheme
    The Department Of Higher Education, Govt. Of West Bengal

    10,00,000

    31 December

    All
    image
    Paras Education Services Education Loan
    Paras Education Services

    Education Loan

    31 December

    Engineering
    Medical
    Professional courses
    image
    Jain Jagruti Charitable Trust Education Loan
    Jain Jagruti Charitable Trust

    Education Loan

    31 December

    Engineering
    Medical
    Bachelors
    Masters
    Professional courses
    image
    Valor Trust Education Loan
    Valor Trust

    $5000

    31 December

    Professional courses
    image
    Zalawadi Sabha Charitable Foundation Education Loan
    Zalawadi Sabha Charitable Foundation

    Education Loan

    31 December

    Engineering
    Masters
    PHD
    Professional courses
    image
    Edu Trust Education Loan
    Edu Trust

    7,50,000

    31 December

    Engineering
    Medical
    Bachelors
    Masters
    Professional courses
    image
    Bunts Sangha Interest Free Loan 2024
    Bunts’ Sangha Bangalore

    30,000

    31 March

    Class 10
    Class 11
    Class 12
    Diploma
    Engineering
    Bachelors
    image
    Rotary Club Of Mulund Interest Free Loan 2024
    The Rotary Club Of Mulund

    Financial Assistance

    25 August

    ITI
    Diploma
    Engineering
    Medical
    Bachelors
    Masters
    image
    KMDC Foreign University Higher Education Loan 2024
    Karnataka Minorities Development Corporation Limited

    Education Loan

    31 August

    Engineering
    Masters
    PHD
    Post Doctoral
    image
    Zeenam Charitable Trust Education Loan
    Zeenam Charitable Trust

    Education Loan

    19 July

    All
    image
    Interest Free Loan For Education
    Diay Pakistan Organisation

    51,000

    31 December

    All
    image
    Arivu Vidyabhyasa Education Loan 2024
    Karnataka Minorities Development Corporation Limited

    5,00,000

    31 October

    Engineering
    Medical
    Bachelors
    Masters
    List of Benefits
    Features and Benefits:
  • Maximum loan amount of Rs 30 lakhs for NRI students; no limit for others.
  • Comprehensive coverage, including living expenses, food, college fees, study materials, laptops, library fees, etc.
  • Opportunity to build a positive credit history through timely EMI payments.
  • Lower interest rates compared to other loan types.
  • Tax benefits on interest paid under section 80E of the Income Tax Act.
  • How To Apply
    Certainly! Step-by-step application process:
    1. Visit Our Official Website.
    2. Read carefully all the information about the program details.
    3. Click on the "Register" to complete the registration with required details.
    4. After successful registration, Use the received credentials to log into your account.
    5. Once logged in, & Get more information about loans.
    6. After, Visit the nearest branch of the bank offering education loans.
    7. Schedule a meeting with a loan officer to discuss your loan requirements.
    8. Ask the loan officer for the education loan application form.
    9. Complete the application form with accurate information. Ensure all required fields are filled correctly.
    10. Collect all necessary documents such as identity, address, income, academic records, admission confirmation, course fee details, etc.
    11. Attach photocopies of the required documents to the application form.
    12. Submit Application to the documents to the loan officer.
    Note: "As a free user,"
    →'You're encouraged to share this valuable information with your friends to access the link properly'.

    30,00,000

    Union Bank Education Loan
    SCHOLARSHIP PROVIDER
    Union Bank
    APPLICATION DEADLINE
    31 December
    EDUCATION LEVEL
    All
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    In pursuit of a comprehensive and prosperous life, education plays a crucial role. However, with the rising costs of education, not all parents can afford to provide their children with the best education. To bridge this financial gap, education loans become essential, serving as a lifeline for students aiming for higher education. Education loans have become a necessity due to the escalating tuition fees, especially for engineering and medical universities. As education costs soar, parents often face financial difficulties even with long-term investments. Education loans in India play a pivotal role in enabling students to enrol in prestigious colleges, ensuring a brighter academic future.