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About Education Loan

Education is one of the most important things you can give your children. A talented child with good opportunities should not give up on a bright future on account of paucity of funds. At Finpandit, we realize the significance and try our best to help your child achieve the highs in his/her career. Consult us to get better terms and affordable rates of interest for an education loan.

Features of Loan

  1. Flexible tenure options available
  2. MCLR based Interest Rate
  3. Affordable Rates of Interest
  4. Quick disbursement

Benefits

  1. Single point communication for most private banks and public banks
  2. Choice of selecting the loan proposal from a host of banks and financial institutions
  3. Finpandit’s Expert guidance to help you make the right decision and higher probability of successful application
  4. Minimal paper work
  5. Transparency in dealings, fees and charges

Documents Required

Academic

  1. Institute Admission Letter with Fee break-up
  2. SSC,HSC,Graduation Marksheets

KYC

  1. Age Proof
  2. Signature Proof
  3. Identity Proof
  4. Residence Proof

Income Documents Salaried

  1. Latest 2 Salary Slips carrying date of joining details
  2. Latest 6 Months Bank Statement of the Salary Account.
  3. Self Employed
  4. Last 2 Year ITR with Computation of Income
  5. Last 2 Years Audited Balance Sheet
  6. Last 6 Months Bank Statement
  7. Proof of Turnover (Latest Sales / Service Tax Return)
  8. Self Employed – Professional
  9. Last 2 Year ITR with Computation of Income
  10. Last 2 Years Audited Balance Sheet / P& L
  11. Last 6 Months Bank Statement
  12. Proof of Qualification

Others

  1. Completed Application Form
  2. Latest Photograph (Signed Across)

Loan Agreement

Completed Loan Agreement to be Signed by Applicant and Co-applicant *

Repayment Instructions

  1. PDCs /ACH or SI Mandate
  2. 3 Security PDCs in case of ACH and SI mode of repayment

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All you need to do is provide your details in below application form.