Documents required for a loan

Loan for Studying Abroad

Before applying for an education loan, the applicant must be completely aware of the documents required to apply for a study loan abroad. The following documents are required to apply for an education loan for abroad studies: 

● Filled application form 

● Photographs: Passport size photographs of the applicant and the co-applicant. 

● Photo ID: Photo ID of the applicant and the co-applicant. It can be a PAN card, driving licence, Voter ID card, Aadhar Card, or Passport. 

● Residence proof: Resident proof of the applicant and the co-applicant 

● Academic documents: 

     ○ Mark sheet and certificates of the applicant 

     ○ Mark sheet (Score Report) of GRE,GMAT,IELTS etc. whichever is applicable 

● Admission proof: Admission letter shared by the university or college. 

● Bank statements: Last six months’ bank statements of the co-applicant 

● Income proof: Income proof of the co-applicant 

● In the case of collateral (immovable property), it can be flat, home, or non-agriculture land the following documents are required: 

     ○ Property title deed 

     ○ Building approved plan 

     ○ NOC for a mortgage from a builder or society