Education and Career Forum

sir i want to education loan for doing B.tech civil engineering. So what is the process for edu loan and what documents for loan submit?

At first approach the nearest ban branch in which you have an account. Check the eligibility criteria and proceed. Also contact the receptive college, in which they have tie up with any bank. Obtain the checklist from the bank and get ready with the required documents. Get the application form from the bank authorities and fill all the relevant details and submit with all the required documents to the bank. After submission of the application form, the bank will take some days to process the loan.

DOCUMENTS REQUIRED ARE AS FOLLOWS:

1. Attested photocopies of marks sheet and academic certificates.

2. Photo identity card and address proof.

3. Previous 6 months bank account statement.

4. Photocopy of passport and visa.

5. College admission letter including the academic fee, hostel fee etc..,

6. Date of birth certificate and residential proof.

rocedure of getting education loan :-

- You need to approach any one bank near your residence.
- You can approach the bank where you or your family members have an account.
- You need to have a discussion with the branch manager to know about the details of education loan and also to know the norms of the education loan.
- You need to take the prospectus of the college in which you are seeking admission along with you.
- Then you need to act as per the instructions of the branch manager to get your education loan sanctioned.

Documents required :-

- It varies slightly from bank to bank so it is better you get the detailed list from the concerned bank. In general you will need the following documents.
- Your previous academic certificates.
- Your admission letter and the rank card of entrance exam through which you got admission.
- Prospectus of the college in which you are seeking admission.
- Income tax certificate and house rent/tax certificate.