Apply for Best Education loans in Kanpur 2024

Education loans in Kanpur: Get lowest Interest rates, Documents list & Eligibility Information in Kanpur for Education loan (Study in India & Abroad) through SBI, HDFC, Credila, PNB, Indian bank, Bank of Baroda, Bank of India and Axis Bank etc.

Enjoy triple benefits when you take an Education Loan in Kanpur:

  • Faster loan – Our loan sanction and disbursal is one of the quickest with easy documentation and doorstep service.
  • Competitive pricing – Our loan rates and charges are very attractive
  • Transparency – All charges are communicated up front in writing along with the loan quotation

For Interest Rates on Education Loans – Click Here

Loan Repayment: 15 years or Varies from Bank to Bank.

SBI Education Loan HDFC Education Loan Credila Education Loan UCO Bank Education Loan
Vijaya Bank Education Loan Bank of India Education Loan Union bank Education Loan

Eligibility Required for Education Loan in Kanpur:

  • You need to be a Indian resident
  • You should be aged between 16 – 35 years.
  • If you are taking a loan of more than Rs. 7.5 Lakh, a collateral security will be required.
  • Co applicant: A co-applicant is required for all full time courses. Here are a few points to be noted about co-applicants:
    • Primary Co-Applicants: Parents, Spouse, Siblings
    • Secondary Co-Applicants: Father-In Law, Mother-In-Law, Brother-In-Law, Paternal / Maternal Uncle / Aunt

Benefits of Educational Loan in Kanpur:

  • Avail tax benefits under section 80(E) of income tax Act 1961
  • Flexible repayment options
  • Option to avail insurance cover for your loan

Documentation Required for Education Loan in Kanpur:

  • Completed Education Loan Application Form.
  • Mark sheets of last qualifying examination
  • Proof of admission scholarship, studentship etc
  • Schedule of expenses for the specified course
  • 2 passport size photographs
  • PAN Card of the student and the Parent/ Guardian
  • Borrower’s Bank account statement for the last six months
  • Income tax Returns/ IT assessment order, of last 2 yrs (If IT Payee)
  • Brief statement of assets and liabilities, of the Co-borrower
  • Proof of Income (i.e. Salary slips/ Form 16 etc. if applicable)

Banks list which Lend for Education Loan in Kanpur:

  • Bank of Baroda: Indra Rd, Vikas Nagar, Khyora, Kanpur, Uttar Pradesh 208024 ‎
  • Union Bank Of India: No. 24/53, Birhana Road, Kanpur, Uttar Pradesh 208001 ‎
  • Union Bank Of India: Indian Institute Of Technology Campus, Kanpur, Uttar Pradesh 208016
  • United Bank of India: Govind Nagar Railway Colony, Kanpur, Uttar Pradesh 208006
  • State Bank of Bikaner and Jaipur: Ratan Lal Nagar, Vivekanand Nagar, Kanpur, Uttar Pradesh 208022 ‎
  • State Bank Of Hyderabad: 25/18, Canal Road, Canal Road, Kanpur, Uttar Pradesh 208001
  • State Bank of India: NH 86,Naubasta,Kanpur,Uttar Pradesh 208021
  • HDFC BANK: Parwati Bagla Rd, Khalasi Line, Kanpur, Uttar Pradesh 208002