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Education Loan


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Education is the most important investment one makes in life. Higher studies and specialization in certain fields call for additional financial support from time to time

 

Whether you are planning school education (nursery to standard XII) of your child, pursuing a graduate or post-graduate degree, The Seva Vikas Co-Op Bank Ltd. Education Loans, can help finance your ambitions and goals

Required Document

 

FOR THE APPLICANT AND BOTH THE GUARANTORS

StudentsSalariedSelf Employed Self Employed - Professional
1.ACADEMIC INSTITUTE ADMISSION LETTER WITH FEE BREAK-UP1.LATEST 2 SALARY SLIPS CARRYING DATE OF JOINING DETAILS 1.LAST 2 YEAR ITR WITH COMPUTATION OF INCOM 1.LAST 2 YEAR ITR WITH COMPUTATION OF INCOME
2.SSC,HSC,GRADUATION MARK SHEETS2.LATEST 6 MONTHS BANK STATEMENT OF THE SALARY ACCOUNT.2.LAST 2 YEARS AUDITED BALANCE SHEET 2.LAST 2 YEARS AUDITED BALANCE SHEET / P&L
3.KYC(KNOW YOUR CUSTOMER) AGE PROOF 3.LAST 6 MONTHS BANK STATEMENT3.LAST 6 MONTHS BANK STATEMENT
4.SIGNATURE PROOF 4.PROOF OF TURNOVER (LATEST SALES / SERVICE TAX RETURN)PROOF OF QUALIFICATION
5. PHOTO ID PROOF 5.COMPLETED APPLICATION FORM
6.RESIDENCE PROOF

Interest Rate

 

This multipurpose loan helps you meet your personal financing needs at attractive interest rates

 

Type of credit facilityRate of interest
Loan against FD, RD, NSC, Gold etcContact nearest branch
NOTE:

*Specific interest rate applicable to a customer would be dependent on segment, asset category and location



Features

 

Educational is an investment for lifetime. With seva Vikas educational loan you will get unique benifits such as

 

  • Faster loans sanctioning
  • A variety of loans to both salaried and self-employed individuals
  • High amounts loans sanctioned*
  • Competitive interest rates
  • Easy documentation
  • Best in class customer service
  • Competitive rate of interest