Compare Education Loan in India: Student Loan Interest Rate from Top Indian Banks, Check Eligibility for Education loan, Documents Required, Get Best Education Loan Quotes & Apply Online Now.
Education in India, at least the commonly perceived ‘quality education’ as imparted by acclaimed and influential educational institutions, is decidedly costly and not easily available to everyone- especially those who deserve it based on merit alone. Thus, education loans are vitally important. Almost all banks in India offer education loans, and the demand for it has remained stable with the Indian student community.
Education Loan Eligibility:
Listed herein are the basic requirements that qualify your application for an education loan,
Note- This above listing is a basic eligibility requirement. Banks, in their own capacity, may request for more documentation and proof.
Documentation Required When Applying for an Education Loan:
When applying for the loan, the lender in question will ask for a number of documents that prove your eligibility in terms of your student status, family income, ID and address proof, course applied for, and other such factors. Listed herein is the basic list of required documents-
As noted, banks in their individual capacity can request for additional documents. Submission of the same, in their required format, is crucial for the smooth sailing of your application form.
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