Nationality Indian
Age Minimum- 16 years 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.
University Applied to Listed,Recognized and Accredited Institutes in India and Overseas
Loan can be sanctioned on the basis of
- Pre- admission sanction
- Entrance exam score like GRE,GMAT etc
- 12th/HSC Results
- Confirmed Admission
Loan Amount
- Domestic – Upto Rs 1 crore
- International – Upto Rs 2 crore
Here are the mandatory documents that a student need to provide to the banks while applying for a student loan:
- Duly filled online iLENS application form
- 2 photographs of passport size
- Copy of exam mark sheets of 10th/12th or latest education certificate
- Admission letter with cost of education if available
- Aadhaar Card and Pan Card of the student and Parent/ Guardian
Age Proof
- Copy of Aadhaar Card /Voter ID/Passport/Driving License
Identity Proof
- Copy of Voter ID/Aadhaar Card/Driving License/Passport
Residence Proof
- Passport
- Driving License issued by Regional Transport Authority
- Voter's Identity Card issued by the Election Commission of India
- Job card issued by NREGA signed by State Government Officer
- Letter from National Population Register containing details of name and address
- Proof of possession of complete AADHAR number/AADHAR Card
Income proof
- Most recent salary slips and Form 16 of the parent/ guardian/co-borrower
- 3 months bank statement of the borrower or updated passbook of bank
- Updated ITR (Income Tax Return with income computation) of 2 years or IT assessment order of last 2 years of parent/co-borrower/guardian
- Documents stating the assets and liabilities of the parent/co-borrower/guardian
