Education Loan

Education Loan

The education loan would be provided to deserving students having bright educational background for pursuing higher professional or technical education and can help finance your ambitions and goals. The bank has designed the education loan scheme by keeping in mind as the major area of Raigad district is comes under rural area.

Eligibility

The financial eligibility depends on an individual's repayment capacity and is based on the following factors:

  • Monthly or annual income
  • Source of income
  • Savings and credit history
  • Work experience
  • Age
  • Qualifications
  • Number of dependents
  • Probability of the individual continuing in the same occupation

Required Documents

Apart from the application form, you will be required to submit the following documents.

Document Valid Type
Identity Proof PAN Card, Driving License, Passport, Voter's ID, Aadhaar Card
Address Proof Passport, Driving License, Voter's ID, Aadhaar Card, Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old)
Signature Proof PAN Card, Driving License, Passport
Latest Passport Size Photographs (4 copies)