These documents are not only required with respect to the student but also the co-applicant, who in most cases is the parent and the guarantor.

Once a student has ensured he/she fits the eligibility criteria for an educational loan, the next step is to collect all the necessary documents for your application.

The student should have a good academic recordĪpart from the usual requirements, banks also give preference to job-oriented courses, so a student’s application for a professional or technical course is likely to be accepted.

The student should have acquired admission to a recognized abroad university or college.

The student should be 18 years of age or above to acquire the loan, else his/her parents will have to take the loan.

The student should be an Indian citizen.

So let us begin by understanding the eligibility criteria for applying for a higher education loan program according to the majority of Indian banks: Visit our website for more information on studying in European countries and how to apply there. If you have just begun planning and exploring some of the best European universities that suit your career goal, we can help you followed by guiding you through the process of acquiring an international student loan for studying in Europe. Understanding how to apply for a higher education loan program, its eligibility criteria and documents required along with a firm understanding of what are the type of loans available for you is essential.

By choosing a loan plan that’s best for you can help you save up to lakhs of rupees. The real task is to manage your finances and get an education loan.

The stress of submitting documents and completing your application procedure for the university is the first step. With various loan programs for higher education, it is now convenient for students to make their dreams come true. Gone are the days when one would aspire to study abroad but due to financial issues, couldn’t actually afford to.

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