STUDENT LOAN - Documents Required By Banks

Though Every Bank has their own Requirements for the Documents to be submitted with a Student loan Application Form. However, Most of the Banks may ask for the following documents from Students applying for Educational Loans.

Admission letter ofthe Educational Institute giving details of year wise fee, boarding and lodging expenses. Letter confirming scholarship, if any.

  • Attested copies of documents for proof of age/date of birth and proof of residential address.
  • Passport size photo of the applicant, co-obligants and guarantors.
  • Copy of marksheets/degree certificates of previous academic qualifications.
  • Income proof/latest income tax return of parents/co-obligants, guarantors. (if any)
  • Details of collateral security alongwith valuation certificate of Govt approved valuer (if any).
  • Details/statements of Bank accounts held by the student applicant/co-obligant(s)/guarantors (if any) for the last six months.
  • Copy of Passport/Visa, cost of air fare (documentary detail) in case of studies abroad.