what are the documents required for education loan in sbi

what are the documents required for education loan in sbi

1 year ago 64
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To apply for an education loan in SBI, you need to submit at least one self-attested copy of the Officially Valid Documents (OVD) as proof of identity and address. The documents required for an SBI education loan are:

  • Proof of identity: PAN/ Passport/ Drivers License/ Voter ID card (any one) .
  • Proof of address: Recent copy of Telephone Bill/ Electricity Bill/ Water Bill/ Piped Gas Bill or copy of Passport/ Driving License/ Aadhar Card (any one) .
  • Proof of age: Birth Certificate/ School Leaving Certificate/ Passport (any one) .
  • Proof of income: Income Tax Returns of parents/ guardians for the last two years/ Salary Slip of the last three months/ Form 16.
  • Academic records: Mark sheets of the last qualifying examination.
  • Admission proof: Admission letter from the educational institution.
  • Collateral documents: Property documents (if applicable) .

The documents required may vary depending on the type of loan you opt for. For example, if you are applying for the SBI Scholar Loan Scheme, you may need to submit additional documents such as proof of admission to a List A or List B institution. It is recommended to check the specific documents required for the type of loan you are applying for.

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