EDUCATION LOAN SERVICE
BRITSI can help you right from applying education loan application to disbursal in your KYC account designated throughout loan process in various Bank/NBFC. EducationLoans offers a host of benefits and features to cater to your needs of education. You can avail loan amount from a plethora of Banks/NBFC’s available in PAN INDIA supporting your education as your future endeavor. You can avail this free service by us whenever you are in need. This service is free of cost to our customers across PAN INDIA. BRITSI has expertise in managing Educational Loan applications through our banking partners in India.
ELIGIBILITY CRITERIA FOR EDUCATIONAL LOAN APPLICATION:
- Indian resident with CIBIL score above 700
- Should have co-applicant with good CIBIL score and steady income through job or registered business
- Should have all education qualifications of past with certificates.
- Should have AADAHR and PAN card along with address proof.
DOCUMENTS REQUIRED FOR PROCESSING EDUCATIONAL LOAN APPLICATION:
- AADHAR Card, PAN Card, Address Proof (DL/PP/etc.) of applicant and co-applicant.
- Income proof (Salary Slip) in case of co-applicant as salaried professional.
- Business proof (TL/SL/GUMASTA/GST/MSME/CIN/PAN) in case of co-applicant as self-employed professional.
- Banking statement of last 1 year of co-applicant in case of co-applicant as salaried professional.
- Banking statement of last 1 year of co-applicant and business in case of co-applicant as self-employed professional.
- ITR of last 2 years in case of co-applicant is self-employed professional.
- FORM-16 of last 2 years in case of co-applicant is salaried professional.
- Loan Account Statements if any actively running in name of co-applicant
- Credit card statements if any actively running in name ofco- applicant.
- NOC (No Objection Certificates) or Closing Letters for loan(s)/credit card(s) which are active/closed as of date.
BANK/NBFC PROCESS OF EDUCATIONAL LOAN APPLICATION:
- Customer will provide all required documents and details.
- Company will prepare and submit Loan application with customer documents and details.
- Bank/NBFC will process customer application to validate details and documents.
- Application will be passed on to credit evaluation team post documents validation.
- Customer will be notified about final decision of their respective Loan application.
