Education Loan
 

Education Loan facility

We are pleased to inform that following Banks provide student education loan to RK University students.

Bank of Baroda

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Offer Pricing:   Up to Rs.7.50 Lacs : 12.5%*
Above Rs.7.50 lacs: 11.75%
Note :- Concession to Girl Students: 0.5%

Loans available for Bachelors Courses and Master courses in India as well as foreign universities.

 

Documents required from the loan applicant (student) / co applicant(s) –
Pre sanction:

  • Completely filled and signed education loan application form (applicant & co applicant)
  • One photograph – Self attested on the application form (applicant & co applicant)
  • Self attested photocopy of admission offer letter with fees schedule / details (applicant)
  • Photo ID and Signature Verification proof (applicant & co applicant)
  • Residence Proof (applicant & co applicant)
  • Income documents: Latest 3 months salary along with latest form 16 for salaried co applicant(s) / latest 3 years IT returns for self employed co applicant(s)
  • 6 months updated bank account statement (co applicant)
  • Academic records: Self attested photo copies of Mark sheets of 10 qualification along with degree certificates up to latest qualifications.
  • Education loan cover – Credit Protect insurance form – duly signed.

 

Students may visit the nearest Bank of Baroda branch for their Education Loan inquiry and also apply online on our website.

Credit at the sole discretion of Bank of Baroda. The above list is tentative. Additional documents may be required on a case to case basis.

*Rates are subject to change as per change in base rate

 

Students can download the loan application form from the below mentioned link and submit the same at any of the Bank of Baroda branch.

Education Loan Form Download

Interest subsidy for students belonging to Economically Weaker Sections is available as per GOI guidelines.

Students from the economically weaker section can avail full interest subsidy during the period of moratorium i.e., Course Period plus one year or six months after getting job, whichever is earlier.

For queries students can freely contact: Any Bank of Baroda Branch, Rajkot

L M Vithalani
Chief Manager
RLF,Rajkot

Retail Loan Factory
1st Floor, Bank of Baroda Kalawad Road branch, Rajkot – 360 001. India.
Phone:0281-2452368 e-mail rlf.rajkot@bankofbaroda.com

HDFC Bank

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Offer Pricing: 12.25%* (if Interest is serviced during moratorium period)  otherwise 13.25%* (For Full Moratorium)

Other Terms:

  • Loans available for Bachelors Courses and Master courses
  • Above rate is applicable for loan amount up to Rs. 4 lacs* only.

Documents required from the loan applicant (student) / co applicant(s) –
Pre sanction:

  • Completely filled and signed education loan application form (applicant & co applicant)
  • One photograph – Self attested on the application form (applicant & co applicant)
  • Self attested photocopy of admission offer letter with fees schedule / details (applicant)
  • Photo ID and Signature Verification proof (applicant & co applicant)
  • Residence Proof (applicant & co applicant)
  • Income documents: Latest 3 months salary along with latest form 16 for salaried co applicant(s) / latest 3 years IT returns  for self employed co applicant(s)
  • 6 months updated bank account statement (co applicant)
  • Academic records: Self attested photo copies of Mark sheets of 10th, 12th, Graduation, up to latest qualification along with degree certificates up to latest qualifications.
  • Education loan cover – Credit Protect insurance form – duly signed.

Post sanction:

  • Duly signed loan agreement
  • Security PDC’s,

Students may visit the nearest HDFC Bank branch for their Education Loan inquiry.

Credit at the sole discretion of HDFC Bank Ltd. The above list is tentative. Additional documents may be required on a case to case basis.
* Offer valid till 31st December, 2015 – Rates are subject to change.

Students can download the loan application form from the below mentioned link and submit the same at any of the HDFC Bank branch.

Download HDFC Loan Form

Interest subsidy for students belonging to Economically Weaker Sections.

Students from the economically weaker section can avail full interest subsidy during the period of moratorium i.e., Course Period plus one year or six months after getting job, whichever is earlier. Full details can be obtained from the below link,

http://www.hdfcbank.com/personal/products/loans/educational-loan/central-government-interest-subsidy-scheme

For queries students can freely contact:

Nishit Dalwadi – 9376018673 (Ahmedabad)

Vishal Satashiya – 8734889780  (Ahmedabad)

AXIS Bank

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Greetings from Axis Bank…!!

 

Higher Education Within Your Reach

.

Pricing Offer: 12.50% (Rate will apply on Case – to – Case Approval)

(Interest is serviced during moratorium period and repayment will start after the education.)

Loan Amount : Loan Min 50000/-

Max 20 Lacs –Studies in India

Max 30 Lacs –Studies in Abroad

 

Other Terms:

  • Loans available for Bachelors Courses, Master Courses, Ph. D and Vocational Course.
  • Loans available for Domestic University & Foreign University also.

 

Document List For Education Loan : –

APPLICANT (STUDENT) DOCUMENT LIST :-

 

1) Passport Size Photo (2)

2) Photo ID Proof (PAN Card, Driving License, Voter ID, Passport, Adhar Card – Any One)

3) Address Proof (Driving License, Voter ID, Passport, Adhar Card – Any One)

4) Passport (Mandatory for International Course)

5) Signature Verification (From Bank)

6) Bank Account Statement/Passbook Copy (Last 6 Month)

7) Mark sheet / Certificates : Std 10th to till

8) Entrance Test Mark sheet / Certificates (If Any)

9) Admission Letter (Provided by College/ University)

10) Fee Structure Letter (Provided by College/University)

 

CO-APPLICANT AND GUARANTOR DOCUMENT LIST :-

 

1) Passport Size Photo (2)

2) Photo ID Proof (PAN Card, Driving License, Voter ID, Passport, Adhar Card – Any One)

3) Address Proof (Driving License, Voter ID, Passport, Adhar Card – Any One)

4) Signature Verification (From Bank)

5) Residency Ownership Proof (Electricity Bill, House Tax Bill, Sell Deed – Any One)

7) ITR – Last 3 Years

8) Bank Account Statement / Passbook Copy (Last 1 Year)

9) If Salaried – Salary Slip (6 Month)

10) If Salaried – ID Card / Appointment Letter (Any One)

11) If Self Employed – Firm Registration Proof

12)Collateral Documents Copy (FD, Insurance Policy, Property) (Applicable for only Co- Applicant)

 

POST SANCTION DOCUMENT LIST : –

 

1) Sanction Letter & Loan Agreement duly signed by all the applicants.

2) Security PDC.

3) Disbursement Request Form.

 

Credit at the sole discretion of Axis Bank Ltd. The above documents list is tentative. Additional documents may be required by bank on a case to case basis.

Please note *ROI subject to change as per change in base rate.

Students can download the loan application form from the below mentioned link and submit the same at any of the Axis Bank branch.

Link : Download Loan Application Form

 

Central Government Interest Subsidy Scheme for Economically Weaker Section for Education Loans. Please check for the details by below given link.

More Details

For any query regarding Education Loan Kindly contact to Mr. Parth Rathod on 9825548682.

Or

Visit your nearest Axis Bank branch.

Apply for Admission