Criteria of Education Loan Eligibility For Students
If you want to apply for a student loan online, be sure to check the eligibility criteria that help you find the best loan option for you. Our Education Loan Eligibility Criteria has become clear and transparent. So that the student and their families can make a future plan confidently. To see if you qualify Loan for education, check out the simple terms and conditions below.
- You are 18 years or above
- Apply only to students who have completed higher education in India or abroad.
- Must have prior education for the UG or PG program.
- Eligible for all courses*.
- All universities, colleges, and vocational institutes*.
Required Documents For Study Abroad Education Loan
See the Education Loan Requirements Documents, and take care when you apply for a loan. Here are details of documents that are needed for our loan lender:
- KYC Documents: PAN Card, Aadhaar, Passport, Voter’s ID.
- Address Proof: Utility bill, Telephone bill, or Bank Passbook.
- Income Proof (Salaried): Latest 3 Salary Slips, Form 16, and ITR.
- Income Proof (Self-Employed): ITR, Audited Financials, and Firm Registration Proof.
- Additional Documents (Self-Employed): Qualification Certificates and Establishment Proof.
- Proprietorship & Company Documents: Partnership Deed, MoA, AoA, and Shareholding Pattern.
- Academic Records: Grade 12 and Degree Mark Sheets, Scholarship Documents (if applicable).
- Admission Proof: College/University Admission Letter and Fee Structure.
- Financial Proof: Rent Agreement or Additional Income Sources (if applicable).
