\n<\/p>\n
<\/span><\/p>\n\n- Education\u00a0loan for Meritorious and Deserving students.<\/li>\n
- For students in India: Loan amount from 4 Lakhs to 10 Lakhs.<\/li>\n
- For students who wish to study abroad: Loan amount from 4 Lakhs to 20 Lakhs.<\/li>\n
- Best in class Interest\u00a0Rate.<\/li>\n
- Education Loan for Degree\/ Diploma courses.<\/li>\n
- Minimal documentation and Quick Approval.<\/li>\n
- Door Step Services.<\/li>\n<\/ul>\n
\n<\/div>
Education Loan Eligibility<\/h2>\n\n<\/p>\n
Graduation, Post-graduation including technical \/ professional courses with employment potential conducted by colleges \/ Universities approved by UGC \/ Govt.\/AICTE\/Department of Electronics \/ IMC, autonomous institutions like IIT,IIM etc. are the eligible courses in India and\u00a0Job oriented, technical \/ professional courses- (graduation \/ post graduation) are the eligible courses to study abroad in\u00a0Education Loan.<\/strong><\/span><\/p>\n\n- Need based finance is permitted within a maximum of Rs.7.50 lakhs for inland study and Rs.15 lakhs for study abroad.<\/li>\n
- Institutions offering courses should have approval of Central Govt. & State Govt.\/University affiliation\/Autonomous Institutes\/AICTE\/DOEACC.<\/li>\n<\/ul>\n
\n<\/div>Education Loan Documents<\/h2>\n\n<\/span><\/p>\n
\n<\/h6>\n\n<\/div>Documentation <\/h2>\n\n<\/span><\/p>\n
\n\n\n\n\u00a0Documents<\/span><\/strong><\/span><\/h4>\n<\/td>\n\nSalaried<\/strong><\/span><\/h4>\n<\/td>\n\nSelf<\/strong><\/span><\/h4>\n<\/td>\n<\/tr>\n\nID Proof<\/strong><\/span><\/td>\n| Co-Applicants :Passport Copy\/ Voters ID card\/ Driving License\/copy of PAN Card<\/span><\/td>\n | Co-Applicants :Passport Copy\/ Voters ID card\/ Driving License\/Copy of PAN Card<\/span><\/td>\n<\/tr>\n\nAddress Proof<\/strong><\/span><\/td>\n| Co-Applicants :Ration card Telephone or electricity Bill\/ Rental agreement\/ Passport copy<\/span><\/td>\n | Co-Applicants :Ration card Telephone or electricity Bill\/ Rental agreement \/ Passport copy\/Trade license \/Establishment or Sales Tax certificate<\/span><\/td>\n<\/tr>\n\nDOB Proof<\/strong><\/span><\/td>\n| Co-Applicant’s and Student’s: Birth Certificate or 10th Class Passing Certificate<\/span><\/td>\n | Co-Applicant’s & Student’s Birth Certificate or 10th Class Passing Certificate<\/span><\/td>\n<\/tr>\n\nFinancial Docs<\/strong><\/span><\/td>\nCo-Applicant Salaried Individual:<\/strong><\/span><\/p>\n\n- Latest 3 months Bank Statement (where salary\/income is credited)<\/span><\/li>\n<\/ul>\n
\n- Employment details:3 Latest salary slips<\/span><\/li>\n<\/ul>\n
\n- Proof of Continuity current job (Form 16 \/ Company appointment letter )<\/span><\/li>\n<\/ul>\n
\n- Proof of Qualification Highest Degree (for Professionals \/ Govt. employees)<\/span><\/li>\n<\/ul>\n
\n- Mark sheet of last qualifying examination for school and graduate studies in India<\/span><\/li>\n<\/ul>\n
\n- Proof of admission to the course<\/span><\/li>\n<\/ul>\n
\n- Schedule of expenses for the course.<\/span><\/li>\n<\/ul>\n
(If purchase of computer is involved, Certificate from the Institution with recommendations to be enclosed).<\/span><\/p>\n\n- Two copies of passport size photographs from borrower \/ Co-obligate \/ guarantor<\/span><\/li>\n<\/ul>\n
\u00a0<\/span><\/p>\n\u00a0<\/span><\/td>\n Co-Applicant Self-Employed Individuals & Professionals:<\/strong><\/span><\/p>\n\n- Bank Statements(latest 6 months bank statement \/passbook)<\/span><\/li>\n<\/ul>\n
\n- Qualification proof of the highest professional degree<\/span><\/li>\n<\/ul>\n
\n- Latest ITR along with computation of income, B\/S & P&L a\/c for the last 2 yrs. certified by a CA<\/span><\/li>\n<\/ul>\n
\n- Proof of continuation (Trade license \/Establishment \/Sales Tax certificate)<\/span><\/li>\n<\/ul>\n
\n- \u00a0<\/strong>Proof of income\/copy of the land records.<\/span><\/li>\n<\/ul>\n
\n- Mark sheet of last qualifying examination for school and graduate studies in India<\/span><\/li>\n<\/ul>\n
\n- Proof of admission to the course<\/span><\/li>\n<\/ul>\n
\n- Schedule of expenses for the course.<\/span><\/li>\n<\/ul>\n
(If purchase of computer is involved, Certificate from the Institution with recommendations to be enclosed).<\/span><\/p>\n\n- Two copies of passport size photographs from borrower \/ Co-obligate \/ guarantor<\/span><\/li>\n<\/ul>\n
<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n <\/div><\/div><\/span><\/p>\n <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/401"}],"collection":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/comments?post=401"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/401\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | | | | | | | |