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#1
14th June 2023, 10:02 PM
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For an education loan pan card is compulsoryin India
Sir, for an education loan pan card is compulsoryin India
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#2
15th June 2023, 12:39 PM
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Re: For an education loan pan card is compulsoryin India
Yes PAN card is required as an essential document for education loan.
Some other documents that are required are *Marksheet *Proof of admission *Schedule of expenses *Asset/liability statment of co borrower *Bank account statement for last six months *Copy of sale deed *Permanent Account Number of student/ co borrower / Guarantor *Passport ( for abroad studies) etc |
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#3
15th June 2023, 01:52 PM
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Re: For an education loan pan card is compulsoryin India
Yes, pan card is compulsory in India for an education loan.
Pan is more mandatory document than a salary slips and a bank statement when applying for a personal loan online. |
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#4
15th June 2023, 08:21 PM
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Re: For an education loan pan card is compulsoryin India
No, Implications of Non-Linking of PAN card with Education Loan Account. If the PAN card is not linked with your education loan account, Tax Deducted at Source (TDS) will be recovered at 20% in case of a Fixed Deposit (FD), if the interest on FD exceeds Rs. 10,000 per annum.
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#5
15th June 2023, 09:14 PM
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Re: For an education loan pan card is compulsoryin India
Yes, Pan card is compulsory for applying loan as it is one of the necessary documents and validation of your identity.
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#6
15th June 2023, 09:56 PM
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Re: For an education loan pan card is compulsoryin India
Education loans also demand KYC documentation, just like all other loans do. Copies of any government-issued photo identification card, such as your PAN card, driver's license, voter ID, or Aadhaar card, are accepted for an education loan in India.
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