{"id":403,"date":"2020-07-31T09:53:40","date_gmt":"2020-07-31T09:53:40","guid":{"rendered":"http:\/\/magicloans.in\/?p=403"},"modified":"2020-07-31T09:53:40","modified_gmt":"2020-07-31T09:53:40","slug":"education-loan-for-mba","status":"publish","type":"post","link":"https:\/\/magicloans.in\/education-loan-for-mba\/","title":{"rendered":"Education Loan for MBA"},"content":{"rendered":"<div class=\"container\">\n<form id=\"contact\" action='https:\/\/crm.zoho.com\/crm\/WebToLeadForm' name=WebToLeads778470000009510340 method='POST' onSubmit='javascript:document.charset=\"UTF-8\"; return checkMandatory()' accept-charset='UTF-8'>\n<h3 align=\"center\"><strong><img decoding=\"async\" class=\"aligncenter wp-image-3473\" src=\"http:\/\/www.magicloans.in\/wp-content\/uploads\/2016\/11\/.jpg\n\" alt=\" Education Loan\" width=\"223\" height=\"39\" \/> Education Loan @ 9.33%*<\/strong><\/p>\n<h2 align=\"center\">Apply Now &amp; Get The Best Offer<\/h2>\n<p><\/p>\n<table class=\"container\">\n<tr>\n<td><input placeholder=\"Full Name\" id=\"Last Name\" name=\"Last Name\" type=\"text\" tabindex=\"1\" required autofocus><\/td>\n<td><input placeholder=\"Contact Number\" id=\"Mobile\" name=\"Mobile\" type=\"text\" tabindex=\"2\" minlength=\"10\" maxlength=\"10\"required><\/td>\n<\/tr>\n<tr>\n<td><input placeholder=\"City Name\" id=\"Phone\" name=\"Phone\" type=\"text\" tabindex=\"3\" required><\/td>\n<td><input placeholder=\"Course Applied For\" id=\"Company\" name=\"Company\" type=\"text\" tabindex=\"4\" required><\/td>\n<\/tr>\n<tr>\n<td><input placeholder=\"Country of Study\" id=\"Country\" name=\"Country\" type=\"text\" tabindex=\"5\" required><\/td>\n<td><input placeholder=\"Loan Amount\" id=\"LEADCF68\" name=\"LEADCF68\" type=\"text\" tabindex=\"6\" required><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><input placeholder=\"Email ID\" id=\"Email\" name=\"Email\" type=\"email\" tabindex=\"7\" required><\/td>\n<\/tr>\n<td colspan=\"2\"><button type=\"submit\" class=\"btn\">Get Me The Best Offer<\/button><\/td>\n<\/tr>\n<p><input type=\"hidden\" id=\"Lead Source\" name=\"Lead Source\" value=\"Web&#x20;Lead\" \/><input type=\"hidden\" id=\"Street\" name=\"Street\" value=\"MagicLoans\"><input type=\"hidden\" id=\"LEADCF1\" name=\"LEADCF1\" value=\"Education&#x20;Loan\" \/><input type='text' style='display:none;' name='xnQsjsdp' value='d6defc94b02bcb3bf52a5c3ad2e81b3508d60e51952b815de4dc225022111d15'\/><input type='hidden' name='zc_gad' id='zc_gad' value=''\/><input type='text' style='display:none;' name='xmIwtLD' value='dd6f9e66bc53a4c26ad52253ec8ca252f12ef85a4d83d996aec9513a7c513432'\/><input type='text' style='display:none;'  name='actionType' value='TGVhZHM='\/><input type='text' style='display:none;' name='returnURL' value='http&#x3a;&#x2f;&#x2f;www.dialabank.com&#x2f;thankyou.cfm' \/><\/table>\n<\/p><\/form>\n<\/p><\/div>\n<p><script>\n \t  var mndFileds=new Array('Company','Last Name','Phone','Mobile','LEADCF51');\n \t  var fldLangVal=new Array('Company','Name','City Name','Mobile','Net Monthly Income');<\/p>\n<p> \t  function checkMandatory() {\n\t\tvar name='';\n\t\tvar email='';\n\t\tfor(i=0;i<mndFileds.length;i++) {\n\t\t  var fieldObj=document.forms['WebToLeads778470000009510340'][mndFileds[i]];\n\t\t  if(fieldObj) {\n\t\t\tif (((fieldObj.value).replace(\/^s+|s+$\/g, '')).length==0) {\n\t\t\t  alert(fldLangVal[i] +' cannot be empty');\n   \t   \t  \t  fieldObj.focus();\n   \t   \t  \t  return false;\n\t\t\t}  else if(fieldObj.nodeName=='SELECT') {\n  \t   \t   \t if(fieldObj.options[fieldObj.selectedIndex].value=='-None-') {\n\t\t\t\talert(fldLangVal[i] +' cannot be none');\n\t\t\t\tfieldObj.focus();\n\t\t\t\treturn false;\n\t\t\t   }\n\t\t\t} else if(fieldObj.type =='checkbox'){\n \t \t \t if(fieldObj.checked == false){\n\t\t\t\talert('Please accept  '+fldLangVal[i]);\n\t\t\t\tfieldObj.focus();\n\t\t\t\treturn false;\n\t\t\t   }\n\t\t\t }\n\t\t\t try {\n\t\t\t     if(fieldObj.name == 'Last Name') {\n\t\t\t\tname = fieldObj.value;\n \t \t \t    }\n\t\t\t} catch (e) {}\n\t\t    }\n\t\t}\n\t\t try {\n\t\t    if($zoho) {\n\t\t\tvar LDTuvidObj = document.forms['WebToLeads778470000009510340']['LDTuvid'];\n\t\t\tif(LDTuvidObj) {\n  \t  \t \t    LDTuvidObj.value = $zoho.salesiq.visitor.uniqueid();\n\t\t\t}\n\t\t\tvar firstnameObj = document.forms['WebToLeads778470000009510340']['First Name'];\n\t\t\tif(firstnameObj) {\n\t\t\t     name = firstnameObj.value +' '+name;\n\t\t\t}\n\t\t\t$zoho.salesiq.visitor.name(name);\n\t\t\tvar emailObj = document.forms['WebToLeads778470000009510340']['Email'];\n\t\t\tif(emailObj) {\n\t\t\t     email = emailObj.value;\n\t\t\t     $zoho.salesiq.visitor.email(email);\n\t\t\t}\n\t\t    }\n\t\t} catch(e) {}\n\t     }\n\t   <\/script><\/p>\n<div class=\"responsive-tabs\">\n<h2 class=\"tabtitle\">Why Education Loan<\/h2>\n<div class=\"tabcontent\">\n\n<p><span style=\"color: #10a4c9;\"><strong\u00a0Education Loan will help you to meet all your funding\u00a0requirements for higher education.<\/strong><\/span><\/p>\n<ul>\n<li class=\"selected\">Education\u00a0loan for Meritorious and Deserving students.<\/li>\n<li>For students in India: Loan amount from 4 Lakhs to 10 Lakhs.<\/li>\n<li>For students who wish to study abroad: Loan amount from 4 Lakhs to 20 Lakhs.<\/li>\n<li>Best in class Interest\u00a0Rate.<\/li>\n<li>Education Loan for Degree\/ Diploma courses.<\/li>\n<li>Minimal documentation and Quick Approval.<\/li>\n<li>Door Step Services.<\/li>\n<\/ul>\n<p class=\"style44\">\n<\/div><h2 class=\"tabtitle\">Education Loan Eligibility<\/h2>\n<div class=\"tabcontent\">\n<\/p>\n<p><span style=\"color: #10a4c9;\"><strong>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<ul>\n<li>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<li>Institutions offering courses should have approval of Central Govt. &amp; State Govt.\/University affiliation\/Autonomous Institutes\/AICTE\/DOEACC.<\/li>\n<\/ul>\n<p><span class=\"style6\">\n<\/div><h2 class=\"tabtitle\">Education Loan Documents<\/h2>\n<div class=\"tabcontent\">\n<\/span><\/p>\n<h4 style=\"text-align: center;\"><span style=\"color: #10a4c9;\"><br \/>\n<\/h6>\n<p><span style=\"color: #000000;\">\n<\/div><h2 class=\"tabtitle\">Documentation <\/h2>\n<div class=\"tabcontent\">\n<\/span><\/p>\n<table style=\"height: 964px;\" width=\"835\">\n<tbody>\n<tr>\n<td width=\"165\">\n<h4><span style=\"color: #ff0000;\"><strong>\u00a0<span style=\"color: #ff6600;\n\n[tabby title=\"Education Loan Documents\"]\n\n\n<h4 style=\"text-align: center;\"><strong><span style=\"color: #000000;\">Documents Required<\/span><\/strong><\/h4>\n<p><span style=\"color: #000000;\"><strong>Following are the supporting documents needed to apply for education loan:<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">1.<\/span> Fully Completed and Signed Application Form<\/p>\n<p>To Download Loan Application Form in PDF Format.<\/p>\n<p><span style=\"color: #000000;\">2.<\/span> Two Passport Size Photos - Applicant and Co-Applicant<\/p>\n<p>One set to be pasted on the Application Form and second set to be affixed (stapled) to the Application Form<\/p>\n<p><span style=\"color: #000000;\">3.<\/span> Photo ID - Applicant and Co-Applicant (Any one of the following)<\/p>\n<p>PAN Card<br \/>\nPassport<br \/>\nDriving License<br \/>\nVoters ID<br \/>\nEmployee ID<br \/>\nPhoto ID issued by the Central Govt. or State Govt.<br \/>\nBankers Verification\/ Bank Passbook with the photograph of account holder attested by bank<\/p>\n<p><span style=\"color: #000000;\">4<\/span>. Residence Proof - Applicant and Co-Applicant (Any one of the following)<\/p>\n<p>Passport With Address<br \/>\nBank Statement With Address<br \/>\nDriver's License with Address<br \/>\nUtility Bill (Not older than 3 months)<br \/>\nTelephone Bill (Not older than 3 months)<br \/>\nRation card<br \/>\nLatest LIC Premium Receipt (Not older than 3 months<br \/>\nLeave and License Agreement supported with an address proof\/utility bill in the name of the landlord<br \/>\nVoter's ID card<\/p>\n<p><span style=\"color: #000000;\">5.<\/span> Academic Documents of Student<\/p>\n<p>Mark sheet\/Certificate of 12th Exam<br \/>\nMark sheet\/Certificate of Subsequent Years of Education e.g. BE, BCom, BSc, etc.<br \/>\nMarksheet of Any Entrance Exam Taken e.g. CAT, CET, etc. (If applicable)<br \/>\nGRE\/GMAT\/TOFEL\/LETS, etc Marksheets For US Applicant<br \/>\nScholarship Documents (if applicable)<\/p>\n<p><span style=\"color: #000000;\">6.<\/span> Proof Of Admission (If available)<\/p>\n<p>Printed Admission Letter From the Institute on its Letterhead With Institute's Address<br \/>\nI-20 Form for the USA Applicant<\/p>\n<p><span style=\"color: #000000;\">7.<\/span> Last 8 Months Bank Statements of Co-Applicant (If more than one bank account, provide copies of all) Make sure to include the bank statements of the Bank Account where Salary or Business\/ Professional receipts are credited every month.<\/p>\n<p><span style=\"color: #000000;\">8.<\/span> Income Proof of Co-Applicant<\/p>\n<p>In case of Salaried Employee (All the following)<br \/>\nLatest 3 Salary Slips or Salary Certificate on Employer's Letterhead<br \/>\nLast 2 year's Form 16 from Employer or Last 2 Year's Income Tax Returns<br \/>\nAny Other Income Proof That is Not Reflected in the Above Documents<br \/>\nIn case of Self Employed or Professional (All the following)<br \/>\nLast 2 Year's Income Tax Returns<br \/>\nLast 2 Year's Certified Financial Statements or Provisional Financial Statements Duly Certified by CA<br \/>\nProof Of Office (any one of the following, Lease Deed, Utility Bill, Title Deed, etc.)<br \/>\nAny Other Income Proof That is Not Reflected in the Above Documents<\/p>\n<p><span style=\"color: #000000;\">9<\/span>. If, Collateral - Immovable Property (Flat, House, Non-Agriculture Land) (All the Relevant Documents from the Following List)<\/p>\n<p>Registered Sale Agreement Along With Society Share Certificate<br \/>\nOriginal Registration receipt for the above agreement<br \/>\nAllotment Letter By Municipal Corporation \/ Authorized Govt. Authority Like MHADA, CIDCO, etc.<br \/>\nCommencement Certificate from Municipal Corporation\/Council<br \/>\nPrevious Chain of Sale Deed establishing title<br \/>\nAny other document as prescribed by our impaneled lawyers or chartered engineers from time to time<\/p>\n<p><span style=\"color: #000000;\">10<\/span>. All the copies of the above provided documents should be self-attested<\/p>\n<p>Note: Other than original completed application form, Please DO NOT provide any original supporting documents to us at the time of applying for a loan.<\/p>\n<p>&nbsp;<\/p>\n\n<\/div><h2 class=\"tabtitle\">Education Loan Eligibility<\/h2>\n<div class=\"tabcontent\">\n\n<h4 style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Eligibility Criteria<\/strong><\/span><\/h4>\n<p><strong><span style=\"color: #000000;\">Check Your Eligibility Criteria Here:<\/span><\/strong><\/p>\n<ul>\n<li>Borrower must be an Indian citizen<\/li>\n<li>Co-borrower(s) must be an Indian citizen<\/li>\n<li>Borrower must be 18 years of age or older<\/li>\n<li>Co-borrower(s) must have a bank account in any bank in India with cheque writing facilities<\/li>\n<li>Confirmed admission in the colleges before disbursement<\/li>\n<li>Borrower and Co-borrower(s) to meet Credila's credit and underwriting norms as applicable from time to time<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>Co-Borrower Requirements<\/strong><\/span><\/p>\n<ul>\n<li>It is mandatory to bring in an earning co-borrower(s) based in India to support the Education Loan application.<\/li>\n<li>Co-borrower(s) may be any of the following relatives, viz Father \/ Mother \/ Brother \/ Sister (married) \/Spouse, where such co-borrower's income would be considered in determining the loan eligibility per Credila's credit and underwriting norms;<\/li>\n<li>Co-borrower's liability is co extensive with the Student;<\/li>\n<li>Co-borrower(s) to provide documentary proof to establish their relationship with the student, to the satisfaction of Credila;<\/li>\n<\/ul>\n<p>In case the collateral to be provided is not provided by one of the above relatives, then the collateral could be provided by one of the following relatives provided they are brought into the arrangement as Co-borrower(s) viz: Father-in-law; Mother-in-law; Sister-in-law; Brother-in-law; Maternal or Paternal Uncle or Aunt, Grandparents &amp; First Cousins<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Education Loan @ 9.33%* Apply Now &amp; Get The Best Offer Get Me The Best Offer<\/p>\n","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\/403"}],"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=403"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/403\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}