Study in India
Why Choose Us?
A simpler way to pay
We make getting an education loan easy so that you can focus on what matters most, your education.
The benefit of tax saving
Added tax deductions that help bring down your cost of financing.
Flexible repayment schedules
Repayment tenures of up to 15 years.
We cover it all
Up to 100% financing of tuition and cost of living.
Pan-India network of branches
Enjoy multi-city co-borrower(s) and collateral acceptance.
Great rates. All the way.
Customised interest rates that fit your need.
Dream big. Achieve bigger.
Need a loan of INR 1 crore or more? Not a problem.
No hidden charges
What you see is what you pay.
Easy 3-Step Process
A simple and transparent journey.
Apply Online
Fill out the application form and upload documents.
Application Review
Get your sanction letter after our credit appraisal.
Funds Disbursed
You are all set to get started.
Documents required for an education loan application vary based on the borrower’s profile and the type of education loan the borrower applies for.
| Particulars | Photo ID | Residence Proof | Signature Verification |
|---|---|---|---|
| PAN Card |  | | |
| Valid Passport | | | |
| Voter Identity Card | | | |
| Driving License | | ||
Aadhaar Card  | | ||
| ID Card | | ||
| Bank Statement / Passbook | | ||
| Telephone Bill | | ||
| Utility Bill | |
- Marksheet or Certificate for Grade 12 or equivalent.
- Marksheet or Certificate for the last semester/year/degree (e.g. B.E., B.Com., B.Sc. etc.).
- Scholarship Documents (if applicable).
- Salaried
- Latest 3 Salary Slips or Salary Certificate on employer’s letterhead.
- Latest one year’s Form 16 from the employer along with one year’s Income Tax Returns.
- Any other income proof that is not reflected in the above documents, viz., Rent Agreement etc.
- Self-Employed Professional
- Latest two years’ Income Tax Returns with I.T. acknowledgement.
- Latest two years’ Audited Financials of the Company including Computation of Income, Balance Sheet, P&L along with all the Schedules.
- 3CB & 3CD for Professionals with a turnover of more than INR 15 lakh and for others whose turnover is more than INR 60 lakh* .
Additional DocumentsIn addition to the above, the following documents are to be submitted- Proof of Establishment of the Firm (Shop Act, TIN No, Service Tax registration copy, SSI Certificate etc.).
- Copy of qualification or degree certificate.
- Self-Employed Non-Professional
- Latest two years’ Income Tax Returns with I.T. acknowledgement.
- Latest two years’ Audited Financials of the Company including Computation of Income, Balance Sheet, P&L along with all the Schedules.
- 3CB & 3CD for Professionals with a turnover of more than INR 15 lakh and for others whose turnover is more than INR 60 lakh* .
Additional DocumentsIn addition to the above, the following documents are to be submitted- For Proprietors: Proof of Establishment of the Firm (Shop Act, TIN No, Service Tax Registration Copy, SSI Certificate etc.)
- Partnership: Copy of Partnership deed.
- Private Company: Articles of Association (AoA), Memorandum of Association (MoA) and Shareholding Pattern Certified by the C.A.
- Salaried
- Latest six months Bank Statements are required where your salary is credited every month.
- Self-Employed Professional / Proprietorship/ Partnership / Private Limited Company
- Latest 8-month Current Account Bank Statement of the Bank Account where business receipts are credited every month.
- Latest eight months Saving Account Bank Statements.
- Any document to establish the relationship between the student and co-applicant, viz., Ration card, Marriage Certificate, Birth Certificate, School Leaving Certificate, etc
- Account Statement for loans or credit cards that had delays in payment (as proof of clarification).
- For students with past work experience, the last drawn salary slip.
- Proof of balance funds.
- Notes
- The audit report, duly signed and verified by the Chartered Accountant, must be given in such form, setting forth such particulars as prescribed by the Board. Rule 6G of the I.T. Act provides that such audit reports and particulars should be given in Forms No. 3CA/3CB as applicable, and the statement of particulars should be given in Form No. 3CD.
- For Salaried/SEP/SENP Co-applicant: Saving Bank statement should be up to 15 days before the login date.
- For Self Employed Professional/Non-Processional Co-applicant: Current/O.D. bank statement should be up to 30 days before the login date.
- Copy of PAN Card or Passport is compulsory for all Income Earning/Retired Co-applicants.
we will be happy to assist you further
We recommend that students secure their education financing as early as possible. Doing so not only helps avoid cramming and surprises at the last minute but also helps you focus on your college applications.
The benefits of starting the loan application process early
Planning and preparation are key to avoiding last-minute surprises
Breathe easy, knowing that you have a dependable financial partner
A hassle-free procedure that ensures you secure your admission in time.
Key calculators to assist you
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Enabling life-changing experiences.
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