I'm sure that all of you have your class 10th & 12th certificates laminated. Because we all know how important these certificates are, these sets of certificates /documents give an identity to a person in society. From their birth certificates to death certificates it is required for every decision made. Likewise, when it comes to taking an education loan, there are various steps involved and one such significant step is documentation. Students are required to submit certain documents either online or by physically visiting the bank's branch in order to start their loan process. This Education loan document process is important for the lenders to verify the applicant's credibility.Common documents required for education loan by Government and private banks
Education loan documents for students
Duly filled and signed loan application form with affixed photographs
2 colored passport size photographs
Passport( mandatory for abroad education)
Identity proof (Any one)
Voter ID card
Driving License
Passport
PAN Card
Government department ID card
Aadhar Card or Aadhar enrolment number
Residence proof (Any one)
Valid passport
Voter id card
Driving license
Gas bill and electricity bill
Updated passbook or bank account statement
Notarized rental agreement
Academic Records (Any one)
S.S.C, H.S.C, and Graduation Result
Result of the entrance exam through which admission is being taken (e.g. CAT, GRE, TOEFL, IELTS, etc.)
Proof of admission (Any one)
Copy of offer letter or admission letter of the Institute along with the statement of cost of study
A conditional offer letter is also considered in the case of overseas education.
Documents needed for education loan disbursement
A demand letter from your institute/university
Signed loan agreement letter
Signed sanction letter
Signed disbursement request form
Receipts of margin money paid to the institute/university
Bank statement reflecting the above transaction
Signed form A2 (For overseas institute)
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