Education and Career Forum

Hello sir, I am studying BAMS course. I have got scholarship from Government but this amount is not sufficient for me. I want to apply for education loan at Yes Bank. Please provide me procedure to apply for loan at Yes Bank? Documents required for it?

You may apply for educational loan, but till now there is no such news of Yes Bank providing educational loans.

There are lots of government and private banks offering educational loan, some of them are listed below:

> Hdfc Bank

> State Bank of India

> Canara Bank

> IDBI Bank

> Bank of Baroda etc.

You can go and apply for your educational loan in any of these following banks.

There are some rules and process to keep in mind before applying for the loan whiach are:

> You need to apply for a full time course, because most of the banks do not accept part time or distance education courses.

> You must be a citizen of India.

> You must have good academic records.

> You must be doing your course from a well recognized institution.

> Your parent or co-applicant should have enough income or should have sufficient family assets.

The documents required are:

> Proof of identity

> Proof of income

> Proof of residence

> Bank statement or pass book statement for the last 6 months

> Guarantor form

> Copy of admission letter of the institute along with Fees schedule, mark sheets / pass certificates of S.S.C, H.S.C,Degree courses.