2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
19th December 2015, 03:07 PM
Super Moderator
 
Join Date: May 2012
Re: Do Banks Give Student Loans

Most of the Public Sector Banks in India provides the Student Loans For Studies in India

Students can borrow up to Rs 4 lakh without providing any security or margin.

A loan amount of Rs 4 lakhs to Rs 7.5 lakhs can be availed against a third-party guarantee.

This loan comes with a five percent margin

The third-party guarantee can come from an uncle, neighbor or friend standing guarantee for the full amount.

Documents required
Mark sheet of last qualifying examination for school and graduate studies in India

Proof of admission to the course

Schedule of expenses for the course

Copies of letter confirming scholarship, etc

Copies of foreign exchange permit, if applicable.

2 passport size photographs

Statement of Bank account for the last six months of borrower

Income tax assessment order not more than 2 years old

Brief statement of assets and liabilities of borrower

If you are not an existing bank customer you would also need to establish your identity and give proof of residence.

Eligibility for getting a loan:

The applicant should be an India National

Applicant must have secured admission to professional/ technical courses through Entrance Test/Selection process

Banks offering Education Loans in India
Andhra Bank
Allahabad Bank
Axis Bank
Bank of Baroda
Bank of India
Bank of Maharashtra
Bank of Punjab
Bank of Rajasthan
Bassein Catholic Bank
Bharat Overseas Bank
Canara Bank
Catholic Syrian Bank
Central Bank of India
Centurion Bank of Punjab
Citi Bank
City Union Bank
Corporation Bank
Dena Bank
Development Credit Bank
Dhanalakshmi Bank
Federal Bank
HDFC Bank
HSBC
ICICI Bank
Indian Bank
Indian Overseas Bank
IDBI Bank
ING Vysya Bank
Jammu & Kashmir Bank
Karnataka Bank
Karur Vyasa Bank
Lakshmi Vilas Bank
Oriental Bank of Commerce
Punjab & Sind Bank
Punjab National Bank
Ratnakar Bank
Saraswat Bank
SBI Commercial and International Bank
South Indian Bank
State Bank of Bikaner & Jaipur
State Bank of Hyderabad
State Bank of India (SBI)
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State Bank of Travancore
Syndicate Bank
Tamilnad Mercantile Bank Ltd
Thane Janata Sahakari Bank
UCO Bank
Union Bank of India
United Bank of India
United Western Bank
Vijaya Bank


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 04:21 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4