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Education Loan
Education Loan
Medical Education, Engineering, Technical Diploma/Degree, Management, P.H.D. Etc.
FEATURES & BENEFITS
FEATURES & BENEFITS
Businessman or Salaried Persons & their children can avail loan for higher or Professional education.
Low cost, No Prepayment charges.
Guarantee based loan.
Repayment through Daily/Cheque/ECS.
Loan Limit 50% of Mortgaged Property or Rs. 15 Lakh whichever is less.
Repayment period Upto maximum 84 Months depending upon Degree/course period.
ELIGIBILITY
ELIGIBILITY
Applicants in case being parents will be borrowers & child taking education will be co – borrower.
Applicant having/ ready to have membership & having confirmed services with salary slip ( ITR & Business Proof for Businessmen).
Businessman, Salaried Person or their children availing Higher, Professional education.
REQUIRED DOCUMENTS
REQUIRED DOCUMENTS
Residential/ ID / Income Proofs – ITR/Business Proof/ Photos of Borrower & 2 Guarantors.
Bank Statement.
Admission Approval Letter with estimated fee Structure of Degree/Diploma.
Note : Terms and conditions apply.
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