Interest Rate
Loan Amount
Loan Tenure
Loan Processing fees
EMI per Lakh
Part Payment Charges
Minimum Income
Documents
1. Education loan for Indian Education for Pre-sanction loans:
* Duly filled application form
* Latest photograph (Signed Across)
* Admission letter from the institute with the fee break–up
* Academic mark sheets (SSC, HSC and Graduation)
* Age proof
* Identity proof
* Residence proof
* Signature proof
* Salary slips of the last two months carrying the date of joining details (Salaried)
* Bank statement of the salary account for the last 6 months (Salaried)
* ITR of last two years with computation of income (Self-employed)
* Audited Balance Sheet or Profit and loss statement for the last 2 years (Self- employed)
* Bank statement for the last 6 months (Self-employed)
* Latest Sales or service tax return as proof of turnover (Self-employed)
* Proof of qualification (Self-employed)
2. Education loan for Indian Education for Post-sanction loans:
Even for post-sanction loans, you have to submit the above-mentioned documents. Along with them, the following is also required to be submitted:
* Completed loan agreement signed by the applicant and co-applicant
* PDCs, ACH or SI Mandate
* In case of ACH and SI mode of repayment, three security PDCs need to be submitted
* KYC
* Mark sheets of 10th, 12th, graduation and entrance exams
* Admission letter
* Fee structure
* Co-applicant KYC and income proof
* Additional documents may be requested in case of collateral required