Education and Career Forum

What is actually required for getting education loan from Indian Bank?

The following things are required for education loan from Indian Bank :-

- Interaction/Communication with the bank ( branch manager )
- Admission call from a recognized institute having good exposure facilities/reputation.
- Decent academic background.
- Completion of all formalities as mentioned by bank and complying with the terms and conditions of the education loan.

As you want to check the Indian Bank Education Loan Status so here I am giving you the process of it as given.

** Firstly go to the official website of Indian Bank.

** On its homepage in the middle you will see the tab of LOAN APPLICATION STATUS and Click on it.

** Than you will get the new page.

** At this page enter your Reference number and Password.

** Than click on GENERATE

** Than you can check your loan status

To avail educational loan one must meet the required eligibility criteria prescribed by the bank.

Documents required for getting educational loan are as follows:

* College admission letter

* College annual fees details

* Bank statement

* Collateral security

* Address proof

* Id proof

* All academic certificates photocopies

You need to do the following to get a Bank Educational Loan sanctioned in India.
You need to apply for the Loan to a Bank of your choice.
You must provide the Letter of Admission that will be provided to you by your University as a Document for the Bank for your Educational Loan.
You must also show a guarantor for the Loan that will be taken.
You must also show the Income tax return that is filed by the guarantor
Once you do this your Loan will be sanctioned by the Bank where you are applying for the Loan.
If this process is followed then the chances of getting the Bank Educational Loan sanctioned is very high.