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  #1  
17th August 2017, 12:14 AM
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Income certificate and pan card required for education loan from Canara Bank? Less income is advantage or disadvantage to get education loan?


My father is not a tax payer and he has not pan card. I am planing to apply for an education loan at Canara Bank so, I want to know is Income certificate and pan card required for it? Less income is advantage or disadvantage to get education loan?




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  #2  
21st October 2017, 02:55 PM
Saikiranreddy47475
Senior Member+++++
  
Join Date: Jul 2013
Posts: 14,288
Default Re: Income certificate and pan card required for education loan from Canara Bank? Less income is advantage or disadvantage to get education loan?

To get an education loan from Canara Bank, you need to submit copy of Pan Card and pay slips/ IT returns along with other required documents to bank for processing your education loan. It is mandatory to submit the pan card and IT returns/ Bank statement of last 6 months to get an education loan from Canara Bank. Having less income is an disadvantage when you apply for an education loan.
  #3  
21st October 2017, 09:07 PM
Career Expert
Senior Member+++++
  
Join Date: Feb 2016
Posts: 4,375
Default Re: Income certificate and pan card required for education loan from Canara Bank? Less income is advantage or disadvantage to get education loan?

To apply for an education loan, it is mandatory that you should have Pan Card and Income Tax Returns/ Salary pay slips as Income Proof which are required for submitting to bank. Having good income is an added as to get an education loan whereas having less income is a disadvantage for getting an education loan.
Do you have any question? or have anything to say?



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