Education and Career Forum

What are the documents required to apply for education loan in SBI and what are the eligibility criteria to get the loan?

State Bank of India is considered to be the best financial institution from where you can seek educational loan at ease and in quick time. For loans upto 4.5 lacs of rupee, you do not need any guarantor or collateral. If you want education loan of amount above 4.5 lacs then you need guarantor and for loans above 7.5 lacs, collateral is required.

Documents required for Education loan application:

>>Education loan letter from your college containing fees structure.

>>Recognition certificate of your college.

>>Your Proof of identity and address.

>>PAN card of applicant and parents.

>>Address Proof.

You can visit any nearest State Bank of India with these documents and apply for Education loan.

You need to submit all documents related with your qualification. As per my knowledge you should submit marksheet, admitcard, migration, affitdevit. Documents of college in which you are getting admission. You need approval from the Dean of required colleges for loan with valid signature along with amount of loan. After verifying all the documents bank will provide loan to you. If amount of loan will be more than 15 lakhs then you need to submit property paper with equal to the valuation of loan required.

Sir i had submitted my profile to branc SBI HARIHARGANJ BRANCH CODE SBIN0002941
for an education loan from last above of 4months that profile is in pending and from the field manager Mr ravindra kumar is trying to pass the time so please help me to section my loan.
Thankyou
Subham kumar