Bimamate is the trusted business loan online marketplace

Education Loan

Education Loan aims to provide the much needed financial support to deserving students for pursuing higher professional or technical education in India and abroad. The education loan would be provided to those students who have obtained admission to career-oriented courses e.g. medicine, civil engineering, management etc., either at the graduate or post-graduate level. We believe, given the right tools and aid every child has the potential to be successful. Our education loans aim to be the very tool that will enable them to reach their goals in life. No more would a deserving student have to give away their pursuit of dreams due to lack of money. Our student loans will ensure that worthy students are empowered to take their destiny in to their own hands. Our endeavor is to help the future of our nation in education and prosperity.

 

PURPOSE

Studies in India (Indicative List)

  • Approved courses leading to graduate/post graduate degree and PG diplomas conducted by recognized colleges / universities recognized by UGC / Govt. / AICTE / AIBMS / ICMR etc.
  • Courses like ICWA, CA, CFA etc.
  • Courses conducted by IIMs, IITs, IISc, XLRI. NIFT,NID etc.
  • Regular Degree / Diploma courses like Aeronautical, pilot training, shipping, etc., approved by Director General of Civil Aviation / Shipping, if the course is pursued in India.
  • Approved courses offered in India by reputed foreign universities.
  • The above list is indicative in nature. Bank may approve other job oriented courses leading to technical / professional degrees, post graduate degrees / diplomas offered by recognized institutions under this scheme

    Documents required for Education loan

  • Application form (fully completed and signed)
  • Two passport size photos (both Applicant and Co-Applicant)
  • Letter of admission from the Institute (on its letterhead with the address of the Institute)
  • Cost break-up of the educational program from the Institute (specifying the tuition fees- term-wise, year-wise and any other expenses involved)
  • Academic record of the student:
  • 12th board mark sheet Certificates of subsequent years of education- graduation and post-graduation (if any) Mark sheet of any entrance exam taken by the student (if applicable) Scholarship documents (if any)
  • Affidavit or Declaration that confirms that no loan has been availed from another bank or financial institution
  • ID Proof (any one of the following) : Passport, PAN card, Voter’s ID card, Driving License, Aadhaar card, etc.
  • Address Proof (any one of the following) : Driving license, Ration card, Voter’s ID card, Passport, Aadhaar card, etc.
  • Age proof (any one of the following) : Birth certificate or Class 10th certificate
  • Visa approval and travel papers
  • Address proof
  • Identity proof
  • Last 3 months salary slips or salary certificate on employer’s letterhead
  • Last 2 years Form 16 from employer or last 2 years Income Tax returns
  • Any other income proof that is not reflected in the above mentioned documents
  • Address proof
  • Identity proof
  • Last 6 months bank statement
  • Last 2 years Income Tax Returns
  • Proof of office (any one of the following : lease deed, utility bill, title deed)
  • Any other income proof that is not reflected in the above mentioned documents
  • talk To A Professional Your Business Is Our Business

    Future Growth

    Financial Solution

    Strategy Place