Loan Limit :- Loan Upto 40 Lakh
Easy and fast Loan.
Instant loan facility available
Mark sheets for 10th and 12th grades.
2) Mark sheets for all semesters of a diploma/degree program.
3) It is mandatory to attach photographs of the borrower (member), their ward (student), and both guarantors to the loan application form.
4) When applying for an educational loan, you must submit the ward’s mark sheet, along with an information brochure and a formal demand letter from the government-recognized educational institution where the student intends to enroll, specifying the applicable fees. (If expenses for accommodation and/or mess/boarding are included, supporting documentation is required.)
5) For an educational loan, it is mandatory that the ward’s admission to a government-recognized educational institution has been confirmed. This loan scheme is applicable to all admissions in government-recognized educational institutions.
6) The sanctioned loan amount will be remitted directly to the government-recognized educational institution where the student has secured admission, via cheque, NEFT, or RTGS. Under no circumstances will the funds be credited to a personal account or disbursed in cash.
7) A letter from the educational institution confirming the student’s admission to the course.
8) Details of the total cost of the course
9) Proof of having received a scholarship or free-ship
10) A self-declaration by the student in case there has been a break in their academic years
11) Collateral (such as a house, shop, or other immovable property) and two guarantors will be required for the loan.
12) All documents pertaining to the collateral—whether it is a house, business property, or other immovable property—will be required in accordance with the applicable loan regulations.
Documents Required for an Education Loan
1.KYC documents of the student, applicant, co-applicant, and guarantor.
2. Photo ID: PAN card, Aadhaar card, voter ID card, driving license, or passport.
3. Proof of residence: Ration card, electricity bill, or maintenance receipt.
B-3, Ground Floor,
Sussex Industrial Estate,
Dadoji Konddeo Cross Lane,
Byculla ( E), Mumbai – 400 027
66571711 / 22 / 33
Monday To Friday
10:00 AM to 06:00 PM
Saturday
10:00 AM to 01:30 PM
Closed on Sunday
