Loan Procedure


* Loan application on bank's format.
* Passport size photograph of applicant student & father of Student.
* Proof of address. Any four (Ration card, Voter ID, Passport, Driving license, BSNL Telephone bill, Gas connection bill).
* Proof of Age.
* Income proof of the parent (Salary slip or IT return for 3 years).
* Proof of having secured pass marks in last qualifying examination.
* Letter of admission in professional, Technical or vocational courses.
* Prospectus of the course wherein charges like Admission fee, Examination fee, Hostel charges etc. are mentioned.
* Detail of asset and liabilities of parents.
* In case loan amount is above Rs. 4 lacs :

1. Particular of Guarantors and detail of their asset & liabilities.
2. If immovable property offered as a collateral security copy of title deed, valuation certificate and Non-encumbrance certificate from approved lawyer of the bank.

* Photo copy of passport & visa, in case of study abroad.
* Any other document/ information, depending upon the case and purpose of the loan.