Education Loan
An education loan is financial assistance offered by banks, institutions, or governments to help students and their families cover higher education costs, easing the financial burden while pursuing academic or vocational studies.
Documents Required for Education Loan:
Identity Proof
Residence Proof
Others
PAN Card/ Valid Passport/ Aadhaar Card/ Election Card
Aadhaar Card/ Valid Passport/ Election Card
G.S.T. Certificate, Bank Statement Last 6 Month, Bank Passbook, Passport size Photo-2.
Criteria And Charges
- Minimum age of 18 years and maximum 59 years at loan maturity
- Apply Loan Amount Min. 1 Lac Max. Loan Amount 20 Lakh.
- Tenure Min. 1 Year Max. 20 Year.
- File Charge 3690 / of the File (3,190 /- will be refunded by loan Amount)
- Rate of interest 5.75% Flat per annual.
