The basic requirements to acquire an education loan
- Have secured admission in overseas institutions
- Should be above 18 years of age
- Should be an Indian
DOCUMENTS REQUIRED
Documents required for Education Loan Identity Proof
- Age Proof
- Proof of Residence
- Family Income proof
- Property Registration Papers
- Property Valuation Papers
- Certified copy of examinations passed & mark-sheets
- Proof of having secured admission in foreign institution
- Fee installment schedule as given to student by institution
- Valid Passport & Visa copy
Kindly note: A student can take a maximum amount of Rs.60 lakhs to study abroad.
Education Loan covers the following expenses tuition fees
- Examination Fees
- Library Fees
- Laboratory Fees
- Books & study materials
- Instruments & equipments
- Living expenses (i.e. Boarding and Lodging)
- Health Insurance Premium Covered