Education Loan Documents Required

Education Loan provides financial aid to deserving and meritorious students to pursue higher studies in India and abroad. It helps students to pay their tuition fees, examination, library, books, laboratory and hostel while studying. It also covers travel expenses for studying abroad, study tours, project work, refundable deposit, etc.

Banks will provides you an education loan if you are eligible for education loan. Banks required below listed documents when you apply for education loan.

Education Loan Document Required

For Salaried Individuals

1. Duly filled up and signed education loan application form along with photographs
2. KYC (Know Your Customer)documents
3. Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
4. Latest salary slip showing all deductions or Form 16 along with recent salary certificate
5. Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
6. Bank Statement or Bank Pass Book of having entries of last 6 months
7. Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
8. Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
9. Detailed break-up of the costs of the course (Optional)

For all Individuals Except Salaried

1. Duly filled up and signed education loan application form along with photographs
2. KYC (Know Your Customer)documents
3. IT returns of the last 2 years and computation of income of last 2 years certified by a Chartered Accountant
4. Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
5. Proof of residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
6. Bank Statement or Bank Pass Book of having entries of last 6 months
7. Guarantor Form, Copy of admission letter or the Institute along with Fees schedule (Optional)
8. Mark sheets/pass certificates of S.S.C., H.S.C, Degree courses (Optional)
9. Detailed break-up of the costs of the course (Optional)

Other Bank Education Loan Document Required