|Higher Education of Children in India and Abroad
|Salaried Employees / Businessmen/Professionals and Individuals with proven source of Income
|Within India – Upto Rs.25 Lakhs
Abroad - Upto Rs.50 Lakhs
|Repayable in 120 Months EMI
|Rate of Interest
|2.5% of the Loan amount as per RBI notification
|Mortgage of the Property by way of Registered Memorandum of Deposit of Title deeds
|Prescribed Application Form with Attested Copies of Photo ID – Voter ID/DrivLicense/Passport/Aadhar PAN Card
Income Proof - Salaried
Certified Salary Certificate/Payslips- 3 months Form 16A issued by employer, Copy of Passbook 3 years IT Returns
3 years IT Returns, with Tax paid challan Professionals/ Bank pass book/statement
1. Consent declaration from family members wherever applicable.
2. Income proof as above of family members wherever applicable.
|Purpose Proof Study Certificate from the Institution/ Admission allotment letter issued by the Authority/Fee’s structure demand letter from Institution.