Bank of Baroda Education Loan

Education Loan @ 9.33%*

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Bank of Baroda Education Loan


Documents Required for Bank of Baroda Education Loan:

Documents

Salaried

Self

ID Proof

Co-Applicants :Passport Copy/ Voters ID card/ Driving License/copy of PAN Card Co-Applicants :Passport Copy/ Voters ID card/ Driving License/Copy of PAN Card

Address Proof

Co-Applicants :Ration card Telephone or electricity Bill/ Rental agreement/ Passport copy Co-Applicants :Ration card Telephone or electricity Bill/ Rental agreement / Passport copy/Trade license /Establishment or Sales Tax certificate

DOB Proof

Co-Applicant’s and Student’s: Birth Certificate or 10th Class Passing Certificate Co-Applicant’s & Student’s :Birth Certificate or 10th Class Passing Certificate

Financial Docs

Co-Applicant Salaried Individual:

  • Latest 3 months Bank Statement (where salary/income is credited)
  • Employment details:3 Latest salary slips
  • Proof of Continuity current job (Form 16 / Company appointment letter )
  • Proof of Qualification Highest Degree (for Professionals / Govt. employees)
  • Mark sheet of last qualifying examination for school and graduate studies in India
  • Proof of admission to the course
  • Schedule of expenses for the course.

(If purchase of computer is involved, Certificate from the Institution with recommendations to be enclosed).

  • Two copies of passport size photographs from borrower / Co-obligate / guarantor
Co-Applicant Self Employed Individuals & Professionals:

  • Bank Statements(latest 6 months bank statement /passbook)
  • Qualification proof of the highest professional degree
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
  • Proof of continuation (Trade license /Establishment /Sales Tax certificate)
  • Proof of income/copy of the land records.
  • Mark sheet of last qualifying examination for school and graduate studies in India
  • Proof of admission to the course
  • Schedule of expenses for the course.

(If purchase of computer is involved, Certificate from the Institution with recommendations to be enclosed).

  • Two copies of passport size photographs from borrower / Co-obligate / guarantor
* Interest rate can vary as per individual’s portfolio.
* All loans repayment period are over 6 months. No short term loans.
* Credit at sole discretion of the Banks we have a tie-up with.
* The Organisation do not charge money from customers.