Education Loan

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Education Loan

Education is too important nowadays. Be it college education, it serves as a stepping stool for you to achieve your dreams. Whether it’s college education or post graduation, don’t let high tuition fees hamper your growth. An education loan from Banas Bank can help you get into the University of your Choice anywhere in the world.

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Education Loans from Banas Bank is what paves the path to success, and we believe that everyone has the right to an education that will help them grow and prosper. Our Education Loans are designed to finance meritorious students who choose to pursue a higher education, both in India and abroad. With quick approval rates, minimal documentation and high loan amounts based on income and repayment capacity, you will never be far away from making your dreams come true.

Purpose

• To poor and needy to undertake basic education. (Only for MBBS Graduation & PG)

Benefits

At Banas Bank, we offer you the best education loans. Here are some of the benefits we offer:

• Avail tax deductions under Section 80(E) of Income Tax Act of India

• Get the best education loan through our Door Step Service

• Flexible collateral & repayment terms for education loans

• Loan up to 10 Lakhs(In India) out of India 20 lakhs of educational expenses

• Education loans sanctioned after admission

• enabled billing & servicing

Eligibility

• Applicant should be a bank notified area.

• Secured admission to the concerned institute in India or abroad through appropriate selection process and cleared the qualifying examination, except Medical Course

• Complete and signed application form

Documents Required (Through PACS)

• Duly filled in application form signed by the customer.

• Result of last examination for 12th science(B Group).

• If allegeable for scholarship then its letter.

• Admission letter.

• Certificate of university recognized by government.

• Six month bank statement.