Here is what the 3 people involved need to present: These documents are not only required with respect to the student but also the co-applicant, who in most cases is the parent and the guarantor. Once a student has ensured he/she fits the eligibility criteria for an educational loan, the next step is to collect all the necessary documents for your application. The student should have a good academic recordĪpart from the usual requirements, banks also give preference to job-oriented courses, so a student’s application for a professional or technical course is likely to be accepted.The student should have acquired admission to a recognized abroad university or college.The student should be 18 years of age or above to acquire the loan, else his/her parents will have to take the loan.
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