Education and Career Forum

What is the process to apply for an education loan and what are the requirements are need

Generally, all the banks and specially the nationalized banks provide education loan to the students in almost all the professional degree courses.

You need to go to the bank and obtain the application to apply for the loan from the concerned desk. You may also enquire them for the detailed process for the purpose.

You have to submit certain documents to take the loan from the bank along with the application form duly filled in all respect.

Generally the documents required are :

* Estimated fees statement from the college.
* Documents related to collateral
* ID Proof
* Educational qualification proof etc.

Obtain the details of a number of banks before deciding because, different banks have different benefits for the students. You should apply to the bank which is beneficial for your conditions.

Process and requirements for education laon from any bank is:-

*Your Bank Statement /passbook of last 6 months

*Then KYC Documents

*Guarantor form it's a optional

*Your copy of admission letter of the institute along with fees schedule

*Your 10th ,12th marksheet and passing certificate.

Process and requirements for education laon from any bank is:-

*Candidates Bank Statement /passbook of last 6 months

*Guarantor form it's a optional

*Candidates copy of admission letter of the institute along with fees schedule

*Candidates 10th ,12th marksheet and passing certificate.

*And the last KYC Documents

Process and requirements for education loan from any bank?

KYC documents.
Bank Statement / Pass Book of last 6 months.
Optional – Guarantor Form.
Copy of admission letter of the Institute along with fees schedule.
Mark sheets / passing certificates of S.S.C., H.S.C, Degree courses.

In order to apply for loan , one has to visit the official website of bank..

*Then there they have to apply for loan.

*After that, fill the application form with required information.

Submit the form and take the print out of it.

Then they have to visit the branch for further proceedings.

Documents required are:_
Admission letter
Age, residence proof etc
Passport size photograph
Qualifying courses
Copy of income tax return file
Details of collateral security
Bank account statement etc

Process and requirements for education loan from any bank?
Documents required for education loans are
KYC documents, pass book of last six months, guarantor form, copy of admission letter of the institute along with fees schedule, mark sheets ,passing certificates.
Process for take education loan is first you need to submit documents and wait for your document verification and for your loan sanction.