Top Education Loans Providers in Vadodara - Student loans

Top List of 4 Education Loan Providers in Vadodara. Get a Education loan with a low interest rate. Also, get an instant student Loan, study loan, ed loan, and more. Find the best Education Loan service providers near your location. as on Mar 21, 2025

Genie edu first

Bangalore, Bangalore, 560019

( Also serves in Vadodara )

+08069875754

Loans

Response Time: Within 15 MinsSulekha score: 7.4

Genie Edu First, established in 2010, brings over a decade of experience in providing top-notch educational consultancy services. Specializing in university placements, entrance exam training, and immigration services, we serve clients primarily in New York City. Partnering with over 50 universities across the USA, Canada, and the UK, our accreditations include partnerships with leading educational bodies. With a visa success rate of 95% and over 2,000 successful students, Genie Edu First is your trusted advisor for international education.

What Does Genie Edu First, Bangalore , Offer?

Services Offered

University placements
Entrance exam training
Immigration services
Visa assistance

Success Rate

95% visa success rate
2
000+ successful students
Over a decade of experience
Partnerships with leading educational bodies

Partnered Countries

USA
Canada
UK
Australia

Features/Facilities

Personalized consultancy
Experienced advisors
Extensive university network
High visa success rate

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JAY AMBE CONSULTANT

Kothi, Vadodara, 390001

+08048090786

Loans

Response Time: Within 15 MinsSulekha score: 5.6

Welcome to Jay Ambe Consultants, your one-stop destination for all your loan needs. We have been in the business since 1998 and have helped countless individuals and businesses achieve their financial goals. Our team of experts is dedicated to providing you with the best solutions for your financial needs. Our services include home loans, education loans, business loans, mortgage loans, personal loans, and more. We cater to clients all over India and abroad, ensuring that everyone has access to our services. With flexible loan options and competitive interest rates, we are here to help you achieve your dreams. Our office is open during working hours, so come visit us today and let us help you secure your financial future.

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Pradeep Investment Consultant

Shivaji Nagar, Pune, 411004

( Also serves in Vadodara )

+08069873813

Loans Construction Loans Structural Adjustment Loans

Response Time: More than 60 MinsSulekha score: 5.1

Welcome to Pradeep Investment Consultant, your one-stop destination for all your loan needs. Whether it's a home loan, mortgage loan, project loan, or unsecured loan, we have got you covered. Our team of experts will guide you through the entire process and help you choose the best option for your financial needs. With over 10 years of experience in the industry, we have successfully helped thousands of customers achieve their financial goals. Our services include private finance loans, business loans, and personal loans ranging from 6-15 lakhs. We also offer loans against property, rent receivables, cash credit, and overdraft. Visit us today at our Ganeshkhind location and take the first step towards securing your financial future.

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Education Loan Solution

Navrangpura, Ahmedabad, 380009

( Also serves in Vadodara )

4.9/5 Based on 12 Reviews

+08035426603

Loans

Response Time: Within 60 MinsSulekha score: 7.3

Education Loan Solution in Navrangpura, Ahmedabad, is a trusted service provider specializing in facilitating education loans for students pursuing higher education both in India and abroad. The business is known for offering personalized assistance in securing loans, ensuring that applicants meet eligibility criteria and have the required documentation in place. They collaborate with multiple financial institutions to provide competitive interest rates and flexible repayment options tailored to individual needs. Their services include guidance on loan application procedures, understanding interest rates, and offering support throughout the loan approval process. Located conveniently near Citi Bank, they are easily accessible for students and parents seeking financial assistance for educational purposes.

Available Loan Types:

Offering 2 different types of loans

Loan Amount Range:

From ₹10 Lakhs to ₹20 Lakhs
Depending on the type of loan

A User from Ahmedabad

"I am very thankful to Manish sir that they passed my loan in a very less time. Their teams is also cooperative and smoothly working system alongwith their team work is also excellent????"

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Invest4edu Private Limited

Vile Parle East, Mumbai, 400047

( Also serves in Vadodara )

+08069874315

Loans

Response Time: Within 15 MinsSulekha score: 3.4

Invest4edu Private Limited, located in Vile Parle East, Mumbai, is a specialist in education loans, helping students achieve their academic goals both in India and abroad. They offer flexible loan options ranging from ?6 to ?20 lakhs, with a focus on providing quick loan approvals, often within two weeks. Their services are tailored to meet the specific financial needs of students, providing customized loan solutions with competitive interest rates. With a dedicated team of professionals, they ensure a smooth and hassle-free loan process, guiding clients through every step.

Available Loan Types:

Offering 2 different types of loans

Loan Amount Range:

From ₹5 Lakhs to ₹20 Lakhs and above
Depending on the type of loan

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Why Choose Sulekha?

Sulekha is your go-to platform for finding a wide variety of loan providers catering to diverse financial needs such as personal loans, home loans, vehicle loans, mortgage loans, education loans, and more. With Sulekha, you gain access to a comprehensive network of reputable lenders, ensuring you find the perfect match for your specific requirements. The platform simplifies your search process, saving you time and effort by connecting you with trusted professionals who can offer tailored loan solutions. Choose Sulekha for a seamless and efficient loan-seeking experience.

1. When to Consider Taking Out an Education Loan?

Cost of Education: If tuition fees and living expenses exceed what you or your family can afford out-of-pocket, an education loan can bridge this gap. It's crucial to evaluate all associated costs including accommodation, food, and transportation to determine the total financial requirement.
Available Financial Aid: Before taking out a loan, exhaust all options for scholarships, grants, and work-study programs that do not require repayment. These can significantly reduce the amount you need to borrow, easing future financial burdens.
Personal Financial Situation: Assess your savings, family support, and existing debt obligations. If these sources are insufficient, a loan might be necessary, but ensure you can manage additional debt without overextending yourself financially.
Future Earning Potential: Research the earning potential and job market stability in your chosen field. Higher future earnings and stable job prospects can make repaying the loan more manageable, justifying the initial financial commitment.
Loan Terms and Conditions: Compare interest rates, repayment schedules, and any associated fees from different lenders. Favorable terms can reduce the overall cost of the loan and provide more manageable repayment conditions.
Long-Term Financial Goals: Consider the impact of the loan on your debt-to-income ratio and long-term financial stability. A high debt-to-income ratio can affect your ability to obtain other loans, so ensure the loan aligns with your financial goals.
Alternative Funding Options: Explore part-time work and institutional payment plans as alternatives to reduce the loan amount needed. These options can supplement your income and lessen your reliance on borrowed funds.
Loan Benefits and Incentives: Investigate tax deductions for student loan interest payments and loan forgiveness programs, especially if you plan to work in public service roles. These benefits can provide financial relief and make the loan more manageable.

2. Eligibility Criteria for Taking an Education Loan?

Academic and Course Eligibility: Applicants must secure admission to a recognized course in a recognized institution, either in India or abroad. This can include undergraduate, postgraduate, or doctoral studies, and the course should be job-oriented and professional or technical in nature.
Age Criteria: The age of the applicant usually needs to be between 16 and 35 years, while the co-applicant (often a parent or guardian) should be within 21 and 60 years. These age ranges are important to ensure the applicant and co-applicant can feasibly manage the loan duration and repayment.
Co-Applicant Requirement: A co-applicant is mandatory for most education loans, typically a parent, spouse, or guardian. Their income, credit score, and financial stability are crucial as they guarantee the repayment of the loan in case the applicant defaults.
Academic Performance: Applicants with a good academic record have a better chance of loan approval. Banks scrutinize past academic performance to assess the potential success of the applicant in their chosen course and future career.
Collateral/Security: For loans above a certain threshold (usually INR 4-7.5 lakhs in India), collateral like property or fixed deposits is often required. The value of this collateral should be equal to or higher than the loan amount, ensuring security for the bank.
Repayment Capacity: Banks consider the future income prospects of the applicant based on the course and institution, along with the co-applicant's ability to repay the loan if necessary. This assessment helps determine the overall repayment capacity.
Creditworthiness: A good credit score and history for both the applicant and co-applicant enhance loan approval chances. Banks review credit histories to identify any past defaults or current loans, ensuring the applicants have a responsible financial background.
Institution Recognition: The loan is typically granted for courses from institutions recognized by competent authorities like UGC, AICTE, IIMs in India, or accredited universities abroad. This ensures the credibility and quality of the educational program.
Nationality: Applicants should be citizens of the country from which they are applying for the loan (e.g., an Indian citizen applying for a loan from an Indian bank). This criterion ensures legal and procedural compliance.
Documentation: Proper documentation is essential, including admission proof, fee structure, identity and address proof, income proof of the co-applicant, and academic records. These documents validate the applicant's eligibility and support the loan application process.

3. What are the Benefits and Advantages of an Education Loan?

Access to Quality Education: Education loans provide the financial means to pursue higher education at prestigious institutions that might otherwise be unaffordable.
Affordable Interest Rates: Many education loans come with lower interest rates compared to personal loans, making them more affordable for students and their families.
Flexible Repayment Options: Loan repayment often starts after the student completes their education and secures employment, providing flexibility and reducing immediate financial burden.
Tax Benefits: Interest paid on education loans can be claimed as a deduction under Section 80E of the Income Tax Act, reducing the overall tax liability.
Moratorium Period: Many loans offer a moratorium period (grace period) during which students are not required to make any payments, typically covering the duration of the course plus an additional 6-12 months.
Builds Credit History: Repaying an education loan on time helps build a good credit history, which is beneficial for future financial transactions and loan approvals.
Covers Comprehensive Costs: Education loans can cover a wide range of expenses, including tuition fees, accommodation, books, equipment, and other related costs, ensuring comprehensive financial support.
Focus on Studies: With financial worries mitigated, students can focus better on their studies and academic achievements without the stress of immediate financial constraints.
Improves Career Opportunities: By enabling higher education and specialized courses, education loans can significantly enhance career prospects and potential earning capacity.
Encourages Financial Responsibility: Managing an education loan helps inculcate financial discipline and responsibility in young adults early in their lives.
Support for Overseas Education: Education loans often facilitate studying abroad, covering not only tuition fees but also living expenses, travel costs, and other related expenditures.
Parental Relief: Education loans reduce the financial burden on parents, allowing them to manage their finances more effectively without compromising their child's education.
No Collateral for Smaller Loans: Many education loans do not require collateral for smaller amounts, making it easier for students from various financial backgrounds to access higher education.
Opportunity for All: By providing financial aid, education loans promote equal opportunities for students from different socioeconomic backgrounds to pursue higher education.
Scholarship and Grant Compatibility: Students can often use education loans in conjunction with scholarships, grants, and other financial aid, maximizing the resources available for their education.

4. Important Factors to Consider When Taking an Education Loan?

Interest Rates: Compare interest rates from different lenders. Lower interest rates will reduce the overall cost of the loan. Be aware of whether the rate is fixed or variable.
Loan Amount: Determine the total amount you need to borrow based on your tuition fees, living expenses, books, and other educational costs. Only borrow what you need to minimize debt.
Repayment Terms: Understand the repayment period and terms. Longer repayment terms may lower your monthly payments but increase the total interest paid over time.
Grace Period: Check if there is a grace period after graduation before you need to start repaying the loan. This can provide some breathing room as you search for a job.
Eligibility Requirements: Review the eligibility criteria including credit score, co-signer requirements, and income level. Ensure you meet these requirements or have a suitable co-signer.
Loan Fees: Be aware of any fees associated with the loan such as origination fees, prepayment penalties, or late fees. These can add to the cost of the loan.
Repayment Options: Look for flexible repayment options such as income-driven repayment plans, deferment, or forbearance options. These can be helpful if you face financial difficulties.
Impact on Credit Score: Understand how taking the loan and repaying it will affect your credit score. Timely repayments can improve your score while missed payments can harm it.
Tax Benefits: Investigate whether you are eligible for any tax benefits related to the interest paid on education loans. This can reduce your overall tax burden.
Loan Forgiveness Programs: Check if you qualify for any loan forgiveness programs, especially if you are entering a public service field. These programs can forgive part or all of your loan under certain conditions.
Lender Reputation: Choose a reputable lender with good customer service. Read reviews and consider recommendations from trusted sources.
Inflation and Future Costs: Consider potential inflation and future increases in tuition and living costs. Ensure the loan amount will be sufficient for the duration of your education.

5. Education Loan Interest Rates?

Education Loans Interest Rates

Bank Name	Interest Rate (per annum)	Loan Amount	Tenure	Processing Fee
State Bank of India (SBI)	6.90% - 10.20%	Up to ₹20 lakhs (India), ₹1.5 crores (abroad)	Up to 15 years	Nil up to ₹20,000; 0.5% for above ₹20,000
HDFC Bank	9.55% - 13.25%	Up to ₹20 lakhs (India), ₹20 lakhs (abroad)	Up to 15 years	Up to 1% of the loan amount
ICICI Bank	10.50% - 11.50%	Up to ₹50 lakhs (India), ₹1 crore (abroad)	Up to 10 years	Up to 1% of the loan amount
Axis Bank	13.70% - 15.20%	Up to ₹75 lakhs (India), ₹40 lakhs (abroad)	Up to 15 years	Up to 1.5% of the loan amount
Punjab National Bank (PNB)	7.35% - 9.85%	Up to ₹10 lakhs (India), ₹20 lakhs (abroad)	Up to 15 years	Nil for PNB customers; 1% for others
Bank of Baroda	7.85% - 9.85%	Up to ₹40 lakhs (India), ₹80 lakhs (abroad)	Up to 15 years	1% of the loan amount, max ₹10,000
Kotak Mahindra Bank	10.50% - 11.50%	Up to ₹10 lakhs (India), ₹20 lakhs (abroad)	Up to 10 years	Up to 2% of the loan amount
Union Bank of India	8.80% - 10.50%	Up to ₹20 lakhs (India), ₹40 lakhs (abroad)	Up to 15 years	0.50% of the loan amount, max ₹15,000

Note: Interest rates and fees can vary based on the loan amount, tenure, credit profile of the borrower, and specific bank policies. It is advisable to check with the respective bank for the most accurate and updated information.

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Most Common Questions About Education Loans

1. Who are the best Education Loan providers in Vadodara?

Genie edu first
JAY AMBE CONSULTANT
Pradeep Investment Consultant
Education Loan Solution
Invest4edu Private Limited

2. What documents are required for a Education loan?

Typically, you need proof of admission, identity and address proof, academic records, income proof of the co-borrower (parents/guardian), bank statements, and a completed loan application form. Additional documents might include collateral papers if required.

3. What are the eligibility criteria for a Education loan?

Eligibility generally includes admission to a recognized institution, a strong academic record, and a co-applicant with a stable income. Some banks also consider the course's employability and the student’s future earning potential.

4. How do I apply for a Education loan online?

To apply for a loan online, you can fill out the Sulekha form above with your loan requirements, and connect with the best loan providers that suit your needs. Also you can visit the bank’s website, fill out the loan application form, upload the required documents, and submit. Some banks might also provide a preliminary eligibility check and instant approval based on the submitted information.

5. How can I get an instant Education loan?

Instant education loans are offered by some banks and financial institutions via their digital platforms. You need to meet the bank's criteria, provide necessary documents quickly, and have a co-applicant with a good credit score.

6. What is the percentage rate for Education loans?

The interest rate for education loans varies but typically ranges from 8% to 15% per annum. Rates depend on factors like the lender, the borrower’s profile, the course, and the institution.

7. Can I get a Education loan with a low CIBIL score?

Yes, it's possible to get an education loan with a low CIBIL score, especially if you have a strong co-applicant with a good credit score, or if you can provide collateral to secure the loan.

8. What is the processing fee for a Education loan?

The processing fee for an education loan varies by lender but usually ranges from 0.5% to 2% of the loan amount. Some banks may offer discounted or waived fees under certain conditions.

9. Can I get a Education loan with a bad credit score?

While it's challenging to get an education loan with a bad credit score, it’s not impossible. Lenders may consider your application if you have a co-borrower with a good credit score, or if you provide adequate collateral.

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Top Education Loan Providers in Vadodara

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Find the Top Education Loan Providers from Sulekha in Vadodara

Top List of 4 Education Loan Providers in Vadodara. Get a Education loan with a low interest rate. Also, get an instant student Loan, study loan, ed loan, and more. Find the best Education Loan service providers near your location. as on Mar 21, 2025

Genie edu first

JAY AMBE CONSULTANT

Pradeep Investment Consultant

Education Loan Solution

Invest4edu Private Limited

Recently Connected Loans in Vadodara

Why Choose Sulekha?

1. When to Consider Taking Out an Education Loan?

2. Eligibility Criteria for Taking an Education Loan?

3. What are the Benefits and Advantages of an Education Loan?

4. Important Factors to Consider When Taking an Education Loan?

5. Education Loan Interest Rates?

Most Common Questions About Education Loans

1. Who are the best Education Loan providers in Vadodara?

2. What documents are required for a Education loan?

3. What are the eligibility criteria for a Education loan?

4. How do I apply for a Education loan online?

5. How can I get an instant Education loan?

6. What is the percentage rate for Education loans?

7. Can I get a Education loan with a low CIBIL score?

8. What is the processing fee for a Education loan?

9. Can I get a Education loan with a bad credit score?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application