write a note on what is education loan and the eligibility criteria and documents required for education loan
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The money was borrowed from bank for educational purpose, it is educational loan.
Explanation:
- Education loans are helps the students to completing the degrees.
- Eligibility criteria for educational loan is :
- During the time of loan application, age of the candidate must within the 18 to 35 years
- Qualification of loan for pursuing under graduate or post graduate or post graduate diploma.
- The person enrolled in proper college or university.
- The applicant must be resident of india.
- Documents required for educational loan is :
- 2 passport size photo.
- Xerox copy of 10th marksheet or 12th marksheet or recently completed education certificate.
- Course expenses statement.
- Student and Parent or Guardian's pan card and aadhar card.
- Any resident proof like ration card, electricity bill, etc.
- Parent or guardian's any income proof.
To Learn More...
1.Write a letter to a bank manager for asking education loan
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2. What are the aims and objectives of education loan given by bank
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