Apply Education Loan Online

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2. Education Loan Education loans are boon for people who want to do higher studies but could not afford it. Education Loan in India is provided by banks and financial institutions and covers fee for all years, which is normally disbursed to the college/institute directly by the bank. https://www.myfundbucket.com/

3. Education Loan& MFB • 100% Hassle Free • Compare Education loans among various bank • Apply Online https://www.myfundbucket.com/

4. Education Loan Check List • Basic Documents: Address, Age and Nationality Proof. • Attested Marks Cards: Starting from SSLC/10th Std. • Admission Letter as issued by the admitting School/College/Institute. • All essential documents issued by the admitting School/College/Institute, including prospectus, breakup of fees, etc. • Letter from admitting School/College/Institute that stipulates non-availability of hostel facility. • Income Proof: Bank statements (6 months), Salary slips (3 months) & ITR of Parent/Guarantor. • Passport sized photographs (2 nos. each) for applicant, guarantor and parent. • Studying Abroad: Employment Contract. • Studying Abroad: Entry Permit (Validity, issuing authority etc., must be noted). • Studying Abroad: Admission letter & I-20 form from Foreign Institution. • Studying Abroad: Passport & Visa. • Documents confirming upon the security/collateral. • Substantiating documents if immovable property is offered as security. • If Employed: Resignation letter, Acceptance of Resignation letter or Sanction letter for study leave. https://www.myfundbucket.com/

5. Education Loan Eligibility • The applicant must be a resident Indian. • He/she must have secured admission into a recognized course of study, in India or abroad, through an entrance test or other such qualification procedure. • If the applicant is a Non-Resident Indian (NRI), he/she must hold a valid Indian Passport. • Courses applicable in India- Graduation, Post-Graduation, Diploma programs, Technical courses, Management courses and other professional courses. All from recognized universities. • Courses applicable Abroad- Graduation, Post-Graduation, Certificate Degree courses from CIMA- London, CPA-USA and other such well known educational entities. • The applicant must provide a collateral/security that is enforceable in India. https://www.myfundbucket.com/

6. Documents Required for an Education Loan • Completed loan application form. • Documents for proof of age (self-attested). • ID and Address proof. • Passport sized photographs of the applicant, guarantor, etc. • Copies of highest educational qualification (degree/post-graduation, etc.) • Proof of income (IT returns of parents/guarantor). • Six months bank statement for account held by applicant/parent/guarantor. • Details of collateral security marked by a Government approved valuer (if applicable). • Passport/Visa copy, airfare cost as established in documents (for studies abroad). https://www.myfundbucket.com/

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