#1  
13th May 2015, 12:51 AM
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Eligibility to apply for loan when belongs to other state and residing in a different state?


sir,
i am a resident of uttar pradesh and i have complete my secondary education and graduation from arunachal pradesh.
can i apply for Education loan in Arunachal Pradesh?





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  #2  
13th May 2015, 02:38 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Eligibility to apply for loan when belongs to other state and residing in a different state?

Yes, you can apply for education loan in Arunachal Pradesh provided you fulfill the following criteria.

- You have a permanent residence in Arunachal Pradesh.
- You have residential certificate of Arunachal Pradesh.
- The co-borrower also has a residential certificate of Arunachal Pradesh.

However, the bank will request you to get the education loan sanctioned from your permanent residence if they have a branch at that place.
  #3  
13th May 2015, 08:15 PM
palugulavenumadhav
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Join Date: Dec 2014
Location: Hyderabad
Posts: 3,103
Default Re: Eligibility to apply for loan when belongs to other state and residing in a different state?

Yes, you are eligible to apply for the educational loan. Educational loan aim is to provide financial support from the banking systems for all eligible and meritorious candidates to pursue their higher educations.

ELIGIBILITY CRITERIA :

1. Candidate must be a citizen of India.

2. Candidate should have secured admission in professional/ technical course in any of the recognized college/ institute.

DOCUMENTS REQUIRED :


1. Academic certificates.

2. Address and ID proof.

3. Residential proof and Date of birth proof.

4. Collateral security

5. Last 6 months bank statement.
Do you have any question? or have anything to say?



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