Avail a loan for pursuing higher Education in India or abroad. Covers admission fees, accommodation, purchase of educational equipments, traveling expenses, lab apparatus, books, computer & peripherals, etc.*
Get Education Loan from Yavatmal Urban Bank.
Employees of reputed and financially sound organization. Minimum Gross salary of INR. 15,000/- per month and Confirmed service for at least one year.
Business should have establishment of minimum of three years.
Student must be taken as Co-applicant.
i. Income Proof of Applicant(s) & Guarantor(s) ii. Residential Proof of Applicant(s) & Guarantor(s) iii. Course details iv. Property Documents v. PAN Card of Applicant(s) & Guarantor(s) vi. KYC of Applicant(s) & Guarantor(s)
i. Upto Rs. 5.00 Lacs – No Security. Only to take co-obligation of Parents & Assignment of future Income of student. ii. Above Rs. 5.00 Lacs – Co-obligation of parents together with tangible security covering remaining exposure above Rs. 5.00 Lacs with assignment of future income of students. The security can be in the form of Immovable property, NSC, KVP, LIP, Bank Deposits etc.