Indian Bank Education Loan

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All About Indian Bank Education Loan

Education Loan is the best way to get funds for your dream education. If you are also seeking for a financial help to fulfil your higher studies, apply now. Indian Bank Education Loan is the best option to avail finance for your education. It provides student education loans for all Graduate, Post-Graduate, Engineering, Medical, MBA, Vocational Courses (Multi-Media, ERP) offered by recognized Institutions in India.

Avail the best Indian Bank Education Loan at lowest interest rates. Check eligibility and documents required. Avail doorstep services.

Apply For Education Loan

Indian Bank Education Loan Features And Benefits:

Indian Bank Education Loan

  1. 100% Finance
  2. Maximum Loan Amount without any Limit
  3. Loan Approval in 4 days
  4. Unsecured Lending
  5. Flexible Repayment Options
  6. Simple and Hassle-free Process
  7. Add Multi Co-borrowers to your loan
  8. Get benefits on GRE score card
  9. Avail Doorstep Services

 Eligibility Criteria :

  1. Applicant must be an Indian Resident.
  2. Minimum Age Criteria – 18 years
  3. An earining co-applicant must be there
  4. Secured Admisision Proof is mandatory

The Documents required  are:

CATEGORY

MAIN APPLICANT (STUDENT)

KYC (KNOW YOUR CUSTOMER )

AGE PROOF

SIGNATURE PROOF

IDENTITY PROOF

RESIDENCE PROOF

INCOME DOCUMENTS OF CO-APPLICANT

SALARIED

Last 2 Salary Slips carrying date of joining details

Last 6 Months Bank Statement of the Salary Account.

SELF-EMPLOYED

Latest 2 Year ITR with Computation of Income

Latest 2 Years Audited Balance Sheet

Latest 6 Months Bank Statement

Evidence of Turnover (Last Sales / Service Tax Return)

SELF-EMPLOYED PROFESSIONALS

Last 2 Year Income Tax Return with Computation of Income

Last 2 Yrs Audited Balance Sheet / P& L

Latest 6 Months Bank Statement

Proof of Qualification

Indian Bank Education Loan Fees And Charges 

INTEREST RATES on Indian Bank Education Loan : 9.33% to 12.50%

DESCRIPTION OF CHARGES

EDUCATION LOANS

Loan Processing Charges

 Up to a maximum 2% of the loan amount

 Prepayment (up to 6 months of repayment)

No pre-payment permitted

Leading Education Loan Providers (Click to Apply)
HDFC Bank Education Loan BOI Education Loan ICICI Bank Education Loan Other Banks


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