Education and Career Forum

I would like to get an Education Loan in Vijaya Bank for my MBA course which I want to do in Abroad. Can I know what documents are required to apply? And what is the maximum amount I can get under this Education Loan scheme?

Documents required to apply for an Education loan in Vijaya Bank for studies in Abroad are mentioned below :-

--> Proof of Income
--> Proof of Address
--> Proof of Identity
--> Passport size photographs
--> Academic Certificates
--> Collateral Security documents
--> Admission letter
--> Passport Photocopy

The maximum loan amount offered under Vijaya Bank education loan for studies in Abroad is Rs. 20 lakhs.

To get an Education loan from Vijaya Bank for pursuing MBA course in Abroad, you have to submit the below mentioned documents to bank :-

=> Proof of Identity
=> Proof of Residence
=> Proof of Income
=> Last 12 months bank statement
=> 10th, 12th and Bachelor's degree certificates
=> Admission letter/ Allotment order
=> Passport Size Photographs
=> Collateral Security documents related to land/ house, security deposits, etc.,. (for loan amount above Rs. 7.5 lakhs).

Maximum amount disbursement under Vijaya Bank Education loan for studies in Abroad is Rs. 20 lakhs.

The maximum amount which can be disbursed under education loan from Vijaya Bank is 10 lakhs for study in India while that in abroad is 20 lakhs for study in abroad. The documents which are required are given below.

- Your previous academic certificates.
- Income certificate of the family members.
- House tax proof, other property's tax proof, LIC and other income proof of the co-borrower.
- Your admission letter and rank card if admission done through entrance exam.
- Prospectus of the concerned institute.
- Proof of approval of the concerned institute by competent authorities.
- Passport size photographs and fee structure proof of the concerned institute.