Education and Career Forum

Hello sir, I want to study BE with Mechanical branch so, I want to apply for education loan at Bank of India. Please tell me all the charges and documents required for it? What is Franking Charges?

The list of documents required to sanction the education loan by Bank Of India is here under:
The applicant should be an Indian national.
The student should not have any outstanding loan amount from any other bank.
The candidate must have secured admission in the recognized University in India or abroad.
Parents should sign up as the Co-Applicant.
The candidate needs to submit photo copy of Address proof, Income proof, Income details, Education documents like SSC and HSC mark sheet or degree certificates.
Franking charge is the stamp a mark to indicate that the amount has been paid to the customer and the franking charges are very minimal. There will be no processing charge if you apply education loan to study in India.