Study in any Country
Education Loan Helps students by providing educational financial services to complete their Graduation and Post Graduate Courses. As a student who has dreams of studying abroad can use the Education Loan Calculator to determine his/her monthly loan installments. Education Loan has helped fulfill the education dreams of over 5.00 lakhs academic Graduates and Post Graduates across 8,000+ courses institutes in over 20+ countries
Overview
Document List
Overview
| 1 | LOAN AMOUNT | COLLATERAL ABOVE 0.31 LAKHS UPTO 1 CR & NON COLLATERAL UPTO 0.30 LAKHS |
| 2 | MARGIN MONEY | NIL |
| 3 | PROCESSING FEE | Rs.10000/- for Legal Fees and Adjustable Process Fee of Rs.12000/ |
| 4 | PROCESSING TIME | 1% + GST |
| 5 | LOAN TENURE | 10 YEARS |
| 6 | LOAN PREPAYMENT CHARGES | NIL |
| 7 | 100% COVERAGE | TUITION FEE, LIVING EXPENSES AND TRAVELLING EXP |
| 8 | COUNTRIES COVERED | USA, UK, CANADA, AUSTRALIA, GERMANY, FRANCE & NEW ZEALAND |
Document List
| Student | |
| 1 | 4 Photos , Pan Card, Aadhaar Card and Passport |
| 2 | 10th,12th for UG and For PG- All Sems of Grad including Grad Certificate |
| 3 | Entrance exam score card (If Any) |
| 4 | Admit Letter |
| 5 | Work experience if any (3 months payslip and 6 months bank statement) |
| Financial CO APPLICANT (If Salaried) | |
| 1 | 4 Photos, Pan and Aadhaar Card |
| 2 | AADHAR/GAS/Electricity bill FOR Permanent Address |
| 3 | 3 months pay slip |
| 4 | 2 Year form 16 or ITR |
| 5 | Six month bank statement of salary account |
| Financial CO- APPLICANT (If Self employed) | |
| 1 | Pan and Aadhaar Card |
| 2 | AADHAR/GAS/Electricity bill FOR Permanent Address |
| 3 | Business establishment proof |
| 4 | Last 2 year ITR with Computation of Income, Balance Sheet with P & L signed by CA |
| 5 | Last 6 months saving and current account statement |
| 6 | Mobile number and Email id |
| 7 | Registration Certificate |
| Mother / Father (If Main co applicant is relative) | |
| 1 | Pan and Aadhar |
| 2 | Mobile number and Email id |
| Mother / Father (If Main co applicant is Pensioner) | |
| 1 | Pan and Aadhar |
| 2 | Mobile number and Email id |
| 3 | Pension Bank Statement of current 6 months |
| 4 | Pension certificate |
