
Indian Bank Education Loan Application Form PDF


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People also ask
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What is the eligibility for education loan in India?
ParticularsEligibility Age Minimum - 16 years and Maximum - 35 years Academic record Proven - good Qualification Completed 10+2 (12th Standard)/Diploma For Pursuing Graduation /Postgraduate Degree or a PG diploma in professional Education.6 more rows
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How much collateral is needed for education loan in India?
Collateral Required for Education Loan 10 lakh for programs in India and Rs. 20 lakh for programs abroad. ing to the rules, collateral security is not needed for loans up to Rs. 4 lakh.
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How much income is required for education loan in India?
The minimum salary required to be eligible for an education loan depends on the lender's policy. Typically, the minimum salary required for an education loan is around Rs. 25,000 per month. However, some lenders may have a higher or lower minimum salary requirement.
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What documents are required for education loan in India?
Checklist of Documents to be submitted along-with duly filled Loan Application Form Mark sheet of 10th, 12th, Graduation (if applicable), Entrance Exam Result. Proof of admission to course [ Offer Letter/ Admission Letter/ ID card if available] Schedule of expenses for course.
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Can I get a 25 lakhs education loan without collateral in India?
A lingering question often shadows dreams of higher education abroad, “Can I get a Rs 25 lakh education loan without collateral?” And the straight answer – yes, you can!
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Which Indian bank is best for education loans?
Best Education Loans in 2024 BankInterest Rates State Bank of India 8.05% p.a. to 11.75% p.a. ICICI Bank 10.25% onwards Punjab National Bank 4% p.a. to 12.75% p.a. Canara Bank 9.25%3 more rows
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What documents are required for a student loan in India?
Documents for Education Loan for salaried individuals: Bank Statement / Pass Book of last 6 months. Optional – Guarantor Form. Copy of admission letter of the Institute along with fees schedule. Mark sheets / passing certificates of S.S.C., H.S.C, Degree courses.
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What documents do you need for a student loan?
Federal income tax returns; records of child support received; and your current balance of cash, savings, and checking accounts (Note: You must provide consent and approval to disclose your federal tax information to be eligible for federal student aid.) Bank statements and records of investments (if applicable)
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