Education Loan : Rs 4 lacs- Rs. 7.50 Lacs

  1. Loan Application to be signed by Borrower and Co-Borrowers (Both Parents).

  2. Telephone / Mobile Nos./e-mail address be mentioned in the Application.

  3. Photocopy of PAN NO. Co. Borrowers (Parents) & Guarantors where applicable.

  4. Residence Proof of Co-Borrowers (Parents) and Guarantors.

  5. Proof of Residence Ownership of Co-Borrowers and Guarantors whether Self / Spouse / Parental / Lease / Rented.

  6. Proof of Education Qualification of Borrower (Student).

  7. Proof of length of Service / Business activity of the Co-Borrowers.

  8. Income Proof of Co-Borrowers and Guarantors as per applicability in the case.  ITRs for 3 years where applicable.

  9. PAN card of the student

  10. Latest Month Salary Slip of Co-Borrowers and Guarantors duly verified by Employer.

  11. Bank Statements of Salary Account / Account mentioned in ITRs of Co-Borrowers and Guarantors for the last 6 months (PNB) and 12 months for Other Banks be submitted.

  12. Relationship of Borrower / Co-Borrowers with PNB be informed in Years if any.

  13. Bank Statement of existing Loan Accounts of Borrower Co-Borrowers and Guarantors since beginning From PNB / Other Bank / FIs.

  14. Proof of Assets and Liabilities of the  Co-Borrowers / Guarantors be submitted.

  15. Affidavit/undertaking from Borrower and Co-Borrowers for the existing loans availed by him / her from any Bank /FIs, if availed, to undertake that the repayment is being done regularly.

  16. Proof of Admission taken in the desired Institute.

  17. Prospectus of the Institute having full detail of all Expenses / Fee etc.

  18. Full detail of proposed Guarantee offered be informed as per scheme.

  19. Sources of meeting Margin Money Requirement be informed.

  20. Proof of Fee already paid if any through attested photocopies.