Dear Students and Parents today we will discuss about Documentation and Documents Required for Education Loan. First thing it comes in your mind before applying any Loan for Schooling or Higher Study or If you plan to go to Abroad for Higher Study or Apply for Medical Study Abroad.
Documents the Bank will ask before grand a Education Loan
Documents for Education Loan for salaried individuals
Proof of identity (any one of the following):
Passport
Voter ID card
Driving license
PAN card
Government department ID card
Latest salary slip showing all deductions or Form 16 along with recent salary certificate
Proof of residence (any one of the following):
Bank account statement
Latest electricity bill
Latest mobile/telephone bill
Existing house lease agreement
Bank Statement/Pass Book of last 6 months
Optional – Guarantor Form
Copy of admission letter or the Institute along with Fees schedule
Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses
Documents for Education Loan for all other Individuals
Proof of identity (any one of the following):
Passport
Voter ID card
Driving license
PAN card
IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant
Proof of residence (any one of the following):
Bank account statement
Latest electricity bill
Latest mobile/telephone bill
Existing house lease agreement
Bank Statement/Pass Book of last 6 months
Optional – Guarantor Form
Copy of admission letter or the Institute along with Fees schedule
Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses
Documents required for first disbursement
Demand Letter from college or university.
Loan agreement signed by applicant, Co-applicants.
Sanction Letter signed by applicant, Co-applicants.
Disbursement request form signed by applicant, Co-applicants.
Receipts of Margin money paid to the college / university alongwith bank statement reflecting the transaction.
Documents for collateral security ( if applicable )
Form A2 signed by applicant or Co-applicants in case abroad Institute cases.
Documents required for subsequent disbursement
Demand Letter from college or university
Disbursement request form signed by applicant, Co-applicants.
Receipts of Margin money paid to the college / university alongwith bank statement reflecting the transaction
Exam Progress Report, Marksheet, Bonafide Certificate (Any one)
Form A2 signed by applicant or Co-applicants in case abroad Institute cases.
Eligibility
The education loan would be provided to those students who have obtained admission to career-oriented courses e.g. medicine, engineering, management etc., either at the graduate or post-graduate level.
Secured at least 50% marks during HSC & Graduation
Secured admission in India or Abroad through entrance test / Merit based selection process post completion of HSC (10+2)
Hi, myself Guru I'm educator in India, Bangalore. Mostly guide medical aspirant students. Parents offend asking me how and where to get study loan. Looking for financial institutes support Medical Student loan. Most of them going to study MBBS in Bangladesh Cheapest Medical colleges international recognized MCI Approved. For more Direct MBBS Admission related query you can Contact SMILE EDUCATION Find MBBS Fees in Bangladesh
Documents the Bank will ask before grand a Education Loan
Procedure to Apply for Study Loan
Documents for Education Loan for salaried individuals
Proof of identity (any one of the following):
Passport
Voter ID card
Driving license
PAN card
Government department ID card
Latest salary slip showing all deductions or Form 16 along with recent salary certificate
Proof of residence (any one of the following):
Bank account statement
Latest electricity bill
Latest mobile/telephone bill
Existing house lease agreement
Bank Statement/Pass Book of last 6 months
Optional – Guarantor Form
Copy of admission letter or the Institute along with Fees schedule
Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses
Documents for Education Loan for all other Individuals
Proof of identity (any one of the following):
Passport
Voter ID card
Driving license
PAN card
IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant
Proof of residence (any one of the following):
Bank account statement
Latest electricity bill
Latest mobile/telephone bill
Existing house lease agreement
Bank Statement/Pass Book of last 6 months
Optional – Guarantor Form
Copy of admission letter or the Institute along with Fees schedule
Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses
Documents required for first disbursement
Demand Letter from college or university.
Loan agreement signed by applicant, Co-applicants.
Sanction Letter signed by applicant, Co-applicants.
Disbursement request form signed by applicant, Co-applicants.
Receipts of Margin money paid to the college / university alongwith bank statement reflecting the transaction.
Documents for collateral security ( if applicable )
Form A2 signed by applicant or Co-applicants in case abroad Institute cases.
Documents required for subsequent disbursement
Demand Letter from college or university
Disbursement request form signed by applicant, Co-applicants.
Receipts of Margin money paid to the college / university alongwith bank statement reflecting the transaction
Exam Progress Report, Marksheet, Bonafide Certificate (Any one)
Form A2 signed by applicant or Co-applicants in case abroad Institute cases.
Eligibility
The education loan would be provided to those students who have obtained admission to career-oriented courses e.g. medicine, engineering, management etc., either at the graduate or post-graduate level.
Secured at least 50% marks during HSC & Graduation
Secured admission in India or Abroad through entrance test / Merit based selection process post completion of HSC (10+2)
Hi, myself Guru I'm educator in India, Bangalore. Mostly guide medical aspirant students. Parents offend asking me how and where to get study loan. Looking for financial institutes support Medical Student loan. Most of them going to study MBBS in Bangladesh Cheapest Medical colleges international recognized MCI Approved. For more Direct MBBS Admission related query you can Contact SMILE EDUCATION Find MBBS Fees in Bangladesh
You'll get many more reference websites like mbbsguru dot in mbbsadmission dot co urguide dot in
Author
Guru
