Education and Career Forum

Respected Sir,
I want to apply for an Education Loan from Canara Bank. Actually I want to study MBA and getting admission now. So, I want to apply an Education Loan for my MBA. I would like to know that what are the documents required to apply for the Education Loan in this bank? Please tell me asap.

You should consult with the concerned branch manager of the bank from which you are seeking education loan to get the detailed list of documents which you need to furnish the bank for education loan. Generally the documents asked by bank are :

- Admission call letter from the concerned college.
- Rank card of the entrance exam based on which you got admission if any.
- Fee structure of the concerned institute.
- Prospectus of the concerned institute.
- House tax certificate or rent certificate.
- Your previous academic records.
- Income tax certificate of co-borrower/third party guarantor.
- Signed loan documents
- Passport Size Photographs

Documents required to apply for Education loan from any bank of India:

>>Proof of Address and Proof of Identity.

>>All educational marksheets from standard tenth to bachelor's degree.

>>PAN card of student and parents.

>>Loan letter from your institute containing detailed fee structure.

You can apply with these documents. Online education loan can be done at official website of Vidya Lakshmi portal to multiple banks and after assessing your documents, bank will give you information regarding further details. Official website of this portal is https://www.vidyalakshmi.co.in/Students/.