Documents required for applying a Education Loan in India.
All students are required to submit mark sheets of last qualifying examination, Admission letter of the Educational Institute, poof of admission, scholarship, schedule of expenses for the specified course - giving details of year wise fee, boarding and lodging expenses, his/her bank account statement for the last 6 months, an income tax assessment order for the previous 2 years, a brief statement of assets and liabilities, of the co-borrower, which is usually the parent or guardian and proof of income, if any.
Some banks require all or any of the following documents as pre sanction documents:
To furnish the following documents along with the completed application form. Relevant information would relate to the guardian and the student both, when the loan is jointly taken.
# Attested copies of documents for proof of age/date of birth and proof of residential address.
# Mark sheet of last qualifying examination for school and graduate studies in India
# Proof of admission to the course
# Schedule of expenses for the course
# Copies of letter confirming scholarship, etc.
# Copies of foreign exchange permit, if applicable.
# Two 2 passport size photographs - applicant, co-obligants and guarantors
# Statement of Bank account for the last 6 months of borrower (student applicant), co-obligant, guarantors
# Income tax assessment order not more than Two years old for parents / co-obligants, guarantors.
# Brief statement of assets and liabilities of borrower.
# If you are not an existing bank customer you would also need to establish your identity and give proof of residence.
# Details of collateral security along with valuation certificate of Govt approved valuer (if any).
# Copy of Passport / Visa, cost of air fare (documentary detail) in case of studies abroad.
All students are required to submit mark sheets of last qualifying examination, Admission letter of the Educational Institute, poof of admission, scholarship, schedule of expenses for the specified course - giving details of year wise fee, boarding and lodging expenses, his/her bank account statement for the last 6 months, an income tax assessment order for the previous 2 years, a brief statement of assets and liabilities, of the co-borrower, which is usually the parent or guardian and proof of income, if any.
Some banks require all or any of the following documents as pre sanction documents:
To furnish the following documents along with the completed application form. Relevant information would relate to the guardian and the student both, when the loan is jointly taken.
# Attested copies of documents for proof of age/date of birth and proof of residential address.
# Mark sheet of last qualifying examination for school and graduate studies in India
# Proof of admission to the course
# Schedule of expenses for the course
# Copies of letter confirming scholarship, etc.
# Copies of foreign exchange permit, if applicable.
# Two 2 passport size photographs - applicant, co-obligants and guarantors
# Statement of Bank account for the last 6 months of borrower (student applicant), co-obligant, guarantors
# Income tax assessment order not more than Two years old for parents / co-obligants, guarantors.
# Brief statement of assets and liabilities of borrower.
# If you are not an existing bank customer you would also need to establish your identity and give proof of residence.
# Details of collateral security along with valuation certificate of Govt approved valuer (if any).
# Copy of Passport / Visa, cost of air fare (documentary detail) in case of studies abroad.
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