Education and Career Forum

Hello Friends,
Can anyone of you please tell me the names of Public Sector Banks that don't go for academic records for sanction an Education Loan? Please let me know about such Banks. Thank you in advance.

All the Public Sector Banks will ask for the Class 10 and 12 Board Certificate as documents if you go and apply for an Educational Loan.
You will have to provide these documents as well as the IT Return for the Last Financial Year of your guarantor.
You must also show the Letter of Admission to the get the Educational Loan sanctioned.
SBI, Union Bank, Corporation Bank, PNB, IOB, Bank of India are the banks which do not look at the percentage obtained in academics while providing the Loan.

There are no such banks where the academic records are not verified for sanctioning an education loan.

All nationalized banks offer education loan if they meet the minimum eligibility criteria which are as follows:

* Candidate must be a citizen of India.

* Candidate must have secured admission in any of the valid and recognized course in a recognized college.

All banks generally check the candidates academic performance before sanctioning the education loan. The bank has the right to stop the education loan amount if the candidates academic performance is not satisfactory.