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Education Loan

Financial assistance for eligible higher education, professional courses and approved educational expenses.

Amount depends on course, institution and lender policy

Overview

About Education Loan

Education Loan can help cover eligible tuition fees and other approved education expenses. Documentation may be required from both the student and parent/co-applicant.

Key Benefits

✓Higher education funding
✓Tuition fee assistance
✓Course and institution based assessment
✓Application and documentation support

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Required Documents

Documents you may need

Please keep these documents ready before submitting your application. Final requirements can vary by lender, profile and loan amount.

1Student KYC — Aadhaar Card, PAN Card and Photograph
2Parent / Co-applicant KYC — Aadhaar Card, PAN Card and Photograph
3Admission Letter / Offer Letter
4College / Institution Fee Structure
5Academic Records / Mark Sheets
6Parent / Co-applicant Income Proof
7Parent / Co-applicant Bank Statements
8Residence / Address Proof
9Course and institution related documents
10Collateral / Security Documents, wherever required by lender

Eligibility

Basic eligibility factors

✓Admission to an eligible course and institution
✓Student and co-applicant profile meets lender policy
✓Adequate repayment capacity
✓Acceptable credit and documentation
Final approval, interest rate, fees, tenure and document requirements are determined by the respective lender.