Documents required for an Educational Loan

For students seeking a loan for studies within the country, they can provide the following
documents.

Duly-filled application form.

2 passport size photographs.

Graduation, Secondary School Certificate, or High School Certificate or mark sheets

KYC documents that include ID, address, and age proof.

Signature Proof

Income Proof of parents or guardian

If collateral is required, documentation for Immovable property, FDs, etc.

For students interested in a loan to study abroad, they will need to provide the documents below.

Duly-filled application form.

2 passport size photographs.

KYC Documents that include ID, residence and age proof.

A copy of statement of marks or certificates of last examination passed.

Proof of admission to the university and the course

Schedule of course expenses

If you have received a scholarship, a copy of the scholarship letter is needed.

Copy of Foreign Exchange permit if you have it.

Bank account statement for last six months of the borrower, parents or guardian.

Last 2 years Income Tax assessment of the borrower, parents or guardian.

For loans with collateral, the details of security offered must be furnished. You might also be
required to provide an advocates search and report about its marketability, mortgage ability, etc.

Proof of the source of margin is required.