These days all the banks which are operating in India provide various type of loans to their account holders and public. Like Education Loan, Car Loan Two wheeler loan, used car loan, Home loan etc. There are various types of loan for which you can apply to any of the banks who are providing their services. Education loan are really great way for the students who are willing to continue with their higher education and they want a financial support. Banks provide students education loan and they support students to complete their studies and after their studies students can pay the amount back to the bank.
But when any student applies for Vijaya Bank education loan or for loan from any of the other banks. They ask for various documents from the student who is applying for the credit from them. And if you are searching online for an article in which you will find details or information regarding the documents required for Vijaya Bank education loan. Then you have been landed on the right website, because in this guide on Online Indians you will find all those documents which you need to submit to Vijaya Bank if you want to apply for loan.
What is Education Loan?
But before that I would like to tell you what actually it is? so here is a brief explanation about it. Education loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy.
Documents Required for Vijaya Bank Education Loan.
So here is the list of documents required for Vijaya Bank education loan if you are applying for it. I hope this article will be informative and helpful for you.
Completed loan application form: The first thing is you need to collect the loan application form from any of the branches of Vijaya Bank or you can get it online as well on their official website. Collect the form and fill all the details which is asked in the form and complete it.
Documents for proof of age: You need to submit document to the bank which will certify your age. You can submit your birth certificate. But make sure you have signed on your photocopy of Birth certificate to make it self attested. Because without your signature it will not be considered as valid proof.
ID Proof documents: For Identity Proof you can submit following documents,
- Aadhaar Card.
- Passport.
- PAN Card.
- Voter ID Card.
- Certificate of address having Photo issued by MP/MLA/Group-A Gazetted Officer in letter head.
- Certificate of address with photo from Govt. recognized Educational Institutions.
- Ration Card.
- Driving License.
- Arms License.
- Certificate of photo identity issued by Village Panchayat head.
- Current passbook of Post Office or any scheduled Bank with your Photo on it.
Address Proof Documents: For address proof documents you can submit the following documents,
- Voter ID Card.
- Certificate of address having Photo issued by MP/MLA/Group-A Gazette Officer in letter head.
- Certificate of address with photo from Govt. recognized Educational Institutions.
- Aadhaar Card.
- Ration Card.
- Notarized Sale or lease Agreement.
- Current passbook of Post Office or any scheduled Bank with your Photo on it.
Photographs: You need to submit passport sized photographs of applicant to the bank.
Marks sheet: You have to submit photocopies of marks sheet of your highest qualification to the bank.
Proof of Income of Parents or Guardians: ITR of parents or guardians of the loan applicant.
Final Words.
So these were the documents required for Vijaya Bank education loan, I hope this article was informative for you. If you have any kind of doubts you can leave your comment below.