Eligibility
| Bank | Minimum Age (in yrs.) | Minimum Income (in Rs.) | Minimum Work Experience (yrs.) | Residence Status (yrs.) | ||||
|---|---|---|---|---|---|---|---|---|
| Salaried | Self | Salaried | Self | Salaried | Self | Salaried | Self | |
State Bank of India |
Co-Aaplicants should meet the age criteria | Co-Aaplicants should meet the age criteria | Co-Applicants Minimum Net Monthly Income will be considered | Co-Applicants Minimum Net Monthly Income will be considered | Co-Applicants Minimum 2 years in employment and minimum 1 year in the current organization | Co-Applicants Experience will be considered | Information Not Available | Information Not Available |
Axis bank |
No Age Criteria Provided | No Age Criteria Provided | Income Criteria Not Available | Income Criteria Not Available | Information not available | Information not available | Information Not Available | Information Not Available |
Bank of Baroda |
Co-Applicants and Students Age will be considered | Co-Applicants and Students Age will be considered | Co-Applicant Income will be considered | Co-Applicant Income will be considered | Co-Applicants Job Experience will be considered | Co-Applicants Job Experience will be considered | Minimum Duration of Stay Not Available | Minimum Duration of Stay Not Available |
HDFC Bank |
16 - 35 yrs | 16 - 35 yrs | Income Criteria Not Available | Income Criteria Not Available | Information not available | Information not available | Valid Residence proof | Valid Residence proof |
Punjab National Bank |
Co-Applicants and Students Age will be considered | Co-Applicants and Students Age will be considered | Co-Applicant Income will be considered | Co-Applicant Income will be considered | Co-Applicants Job Experience will be considered | Co-Applicants Job Experience will be considered | 1 Year in Current Residence | 1 Year in Current Residence |
Union Bank of India |
Co-Applicants and Students Age will be considered | Co-Applicants and Students Age will be considered | Co-Applicant Income will be considered | Co-Applicant Income will be considered | Co-Applicants Job Experience will be considered | Co-Applicants Job Experience will be considered | Information not available | Information not available |
Documents Required
Documents from Student
* Completely filled Application Form with Photographs.
* Letter of admission from the Institute.
* Cost break up of the program from the Institution stating the Tuition fees- term-wise, year-wise and any other expenses.
* Students entire academic record in the form of marksheets starting from class X to the last qualifying exam cleared.
* Declaration/Affidavit confirming that no loan has been availed from other Bank/Institution.
* Address Proof: Passport, Driving license, Ration Card, Voter's ID Card, Bank statement.
* ID Proof: Photo Pan Card, Passport, Driving License or Voter's ID card.
* Signature Proof: Bank Signature Verification, Photo Pan Card, Passport, Driving License or Voter's ID card.
* Age proof: Bitrth Certificate or 10th Class passing Certificate.
Documents for Studies Abroad - In addition to the above list of documents:
* Letter from the Head Of Department of the University.
* Visa approval papers.
* Travel papers.
* GMAT/GRE/SAT score.
* I-20 in case of applicant going to the USA.
* Progress reports in the form of mark sheets or a letter from the Institute, while processing the fresh disbursement tranch.
Documents for Co-Applicant if Salaried:
* ID Proof: Photo Pan Card, Passport, Driving License or Voter's ID card.
* Address Proof: Ration card Telephone or electricity/water Bill, Rental agreement, Passport copy.
* Bank Statements for last 3 months.
* Latest salary slip or current dated salary certificate with latest Form 16
Documents for Co-Applicant if Self employed (Professionals/Individual ):
* ID Proof: Photo Pan Card, Passport, Driving License or Voter's ID card.
* Address Proof: Ration card Telephone or electricity/water Bill, Rental agreement, Passport,Trade licence /Establishment/Sales Tax certificate.
* Bank Statements for last 6 months.
* Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA.
*Qualification proof of the highest professional degree.
*Proof of continuation of business :Trade licence /Establishment /Sales Tax certificate.
*Sole Propieter Declaration Or Certified Copy of Partnership Deed, Certified Copy of MOA, AOA & Board resolution.
Documents Required Post Loan Sanction:
* Education Loan Agreement.
* SI/ECS Mandate as applicable.
* Post Dated Security Cheques as per Bank Policy.
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