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Education Loan

Most of the Indian banks provide loan facilities for the students depending on their circumstances. Basic requirements to apply for education loan are as follows:

  • Should be Indian national
  • Should be 18 years old
  • Should have confirmation of admission by overseas university / college

Secondly you need to demonstrate that you will return back the money to the bank, for this you need to submit the following:

  • Residence Proof
  • Family Income proof
  • Property Registration Papers
  • Property Valuation Papers
  • Certified copy of examinations passed & mark-sheets
  • Fee instalment schedule as given to student by institution

You should know the time taken for the release of loan because different countries follow different requirements to prove the financial ability at the time of Visa application. We recommend you to approach the bank in which you or your parents already have bank account.

The banks generally grant education loans for Tuition fees, Library fees & Living expenses.

Please do not hesitate to contact ACS for the above services

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