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