Education loan is granted by bank to student for higher study within India or aboard ,under which some amount of money is granted to students at special rates. With the help to students for higher education can achieve higher studies at cheaper rates.
Apply education loan
The Education Loan is granted to jointly guardian and student. Students have to submit following documents in our bank:
- The details of the course in which student have taken admission.
- Total expenditure of course
- Mark-sheet of previous examination passed
- Full details of scholarship availed, if any
- Xerox of bank statement of last 6 months
- Residential proof
- Two passport sized photographs
Eligibility for education loan
- Age limit for education loan varies from bank to bank. Generally it is from 16 to 45.
- Students have a good academic record.
- Students should not have year lap during their education.
- Parents should have a definite source of income.
