Education Loan : Upto Rs 4 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. Residence Proof of Co-Borrowers (Parents) and Guarantors.

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

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

  6. Income Proof of Co-Borrowers.  ITRs for 3 years where applicable.

  7. PAN  card of the student

  8. Latest Month Salary Slip of Co-Borrowers.

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

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

  11. Bank Statement of existing Loan Accounts of Borrower Co-Borrowers From PNB / Other Bank / FIs.

  12. Proof of Assets and Liabilities of the  Co-Borrowers

  13. 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.

  14. Proof of Admission taken in the desired Institute.

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

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