We guide our clients to choose the most viable educational loan according to their financial status and requirement. We also have a list of Banks that offer Loans at affordable rates.
Every applicant who wants a study loan needs to fulfil the following conditions;

• A co-applicant is a must (could be parents, a sibling or a spouse)
• For loans between Rs 4-7.5 lakhs, a third party guarantor is required
• Collateral needs to be provided for student loans above Rs 7.5 lakhs
• Loan repayment commences 6 to 12 months after course completion
• If a student goes abroad, lender recovers the remainder from co-applicant
• Indian nationals of age between 16 to 35 years, pursuing graduate/postgraduate degree
  and PG diplomas
• Documents required
• Mark sheet for last qualifying examination for school and graduate studies in India
• Proof of admission to the course
• Schedule of expenses for the course
• Copy of letter confirming scholarship if any
• Copy of Foreign Exchange permit (if available)
• Two passport size photographs
• Statement of borrower’s bank account for last six months
• Income Tax assessment order not older than two years
• Brief statement of Borrowers Assets and Liabilitie
• If not a customer of the lending bank provide proof of identity and residence
• Here are a few banks that offer educational loans in India
  
  • State Bank of India
  • Axis Bank
  • United Bank of India
  • HDFC Bank
  • ICICI Bank
  • Indian Overseas Bank
  • Punjab National Bank