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Education Loan for Germany

Updated on Nov 15, 2022
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A set of documentation must be submitted with each loan application, including one for studying in Germany. The following papers must be presented to the bank in order to acquire a student loan, albeit the list changes depending on the lender/bank.

  • Admission letter from the approved college/university

  • The application for a loan must be completed in its entirety

  • Documents pertaining to the expenses of the course

  • Proof of identification, 

  • Proof of residence,

  • Proof of identification, 

  • Marks sheet and other achievement certificates

  • Bank statements of the guarantor/student

  • Statement of assets of the guarantor/student

  • Proof of income from a guarantor or a student


KYC Documents

Address Proofs

Educational Documents (For Applicant)

Aadhar Card

Voter’s ID card

Mark sheets for 10th & 12TH

Driving License

Lease Agreement

Admission Proof

PAN Card

Passport

Result of the Entrance Exam - Institutes in Other Nations (GRE, GMAT, TOEFL, etc.)

Utility Bill

Result of the Entrance Exam for Domestic Institutes (CAT, CET, GMAT, CMAT, JEE, NEET, GRE, etc.)

Aadhar Card



Salaried Co-applicant documents 

  • Pay slips over the previous three months

  • Copy of Form 16 for the last 2-3 years or copy of IT Returns for the previous 2-3 financial years, acknowledged by the Income Tax Department.

  • Bank Account statement over the last six months (salary account).

Self-employed Co-applicant documents 

  • Proof of business address (If Applicable)

  • Certificate of TDS (Form 16A, if applicable)

  • The previous three years Certificate of Qualification (ITR) (for C.A./Doctors, and other professionals)

  • Account statement over the last six months

Documents Related to Collateral (If applicable)

  • Title & Sales Deed

  • Receipt of registration

  • Allotment letter

  • Chain deed of 30 years

  • Electricity bill or Tax copy

  • Approved building plan

  • OC and Completion Certificate.

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