Education Loan for Bachelors

The applicants need to understand what documentation is needed before applying for a study loan in another country for their bachelor's degree. To apply for an education loan, students will need the following documents:

• The application form should be completed.

• The applicants and co-applicants photographs (passport size).

• Both the applicant and the co-applicant must show photo identification.

• You can use a PAN card, a driver's license, a voter ID card, an Aadhar card, or a passport.

• Both the applicant and the co-applicant must provide proof of residence.

Academic documents include the following:

• The mark sheet and certificates of the applicant.

• Mark sheet (score report) for the GRE, GMAT, TOEFL, IELTS, and other exams, if applicable.

• A letter from the university or institution confirming your acceptance serves as admission documentation.

• Statements of account: The co-applicants bank statements for the last six months.

• Income evidence: The income proof of the co-applicant proof.

Aside from these credentials listed above, students must also have additional technical documentation in order to obtain a student loan.

• The title deed (all the pages to be attached)

• Permissions and a case-specific copy of the approved layout plan

• Revenue Noc and Allotment Document 

• A letter to the BDA Allotment

• No-Obligation Certificate

• Possession Certificate (In case the flat is taken from a builder)

• The most recent receipt for property taxes

• A copy of the prior deeds of sale

• Conversion certificate

• Urban clearance certificate (Case-specific)

If necessary, applicants must additionally submit the following legal documents.

For a sale, gift, or division deed in the customer's favor, a minimum of 13 years is required.

Certificate of revenue and extract (In the name of the current owner)

Encumbrance certificate - must be at least 13 years old and keep track of all sales.

The most recent receipt for property taxes

NOTE: Depending on the bank's rules, these requirements may change.