Education Loan Eligibility

Listed herein are the basic requirements that qualify your application for an education loan,

1. The applicant must be a resident Indian.

2. 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.

3. If the applicant is a Non-Resident Indian (NRI), he/she must hold a valid Indian

Passport.

4. Courses applicable in India- Graduation, Post-Graduation, Diploma programs,

Technical courses, Management courses and other professional courses.

5. Courses applicable Abroad- Graduation, Post-Graduation, Certificate Degree courses

from CIMA- London, CPA-USA and other such well known educational entities.

6. The applicant must provide a collateral/security that is enforceable in India.