Education Loan

Our Education Loan is designed to support students in pursuing their academic dreams both in India and abroad. Whether you are enrolling for a graduation course or a specialized professional program, we ensure that financial constraints don’t come in the way of your future.

Loan holder must be a member of the bank. Loan holder must be an individual, salaried employee, businessman, or self-employed.

Studies in India: Graduation courses/colleges under universities approved by UGC, other courses leading to diplomas/degrees conducted by colleges/universities approved by UGC/Govt/AICTE/AIBMS/CMR etc.

Studies Abroad: Job-oriented professional/technical/PG courses such as MCA, MBA, MS, etc.

  • Duly filled in Account Opening Form
  • Residential proof (Light Bill, Passport, Voter ID, Driving Licence)
  • Photo ID proof (PAN Card, Aadhaar Card)
  • 2 latest photographs
  • Two Guarantor Income Proof with KYC
  • Additional mortgage (Property, LIC Policy, Vehicle)
  • Bank A/c Statement
  • Maximum amount: In India – Rs.10 lakh / Abroad – Rs.20 lakh
  • Security mandatory
  • Loan will be granted to student with parent as co-borrower(s)
  • Loan will be disbursed in stages as per requirement directly to the institute/college
  • Other Terms and Conditions Applicable