Education Loans in Delhi

About Education Loans in Delhi: Education makes everyone a better person and if you are a deserving meritorious student wanting to study abroad there are lot of institutes and colleges who would want to have you enrolled in their institute. With so many institutes and student education loan offers available in the market it can get confusing for anyone to decide which offer to choose from. Here are some facts and suggestions about education loans in Delhi which will help you choose the best education loan offer for you.

Check Your Eligibility

Have a look at the purposes for which you can apply for education loan in Delhi

• Studying in India – By availing this loan you can study anywhere in India

• Studying in Abroad – By availing this loan you can study anywhere abroad. Some bank might as well have a tie-up with certain institutes abroad to grant this loan.

• Executive Education Loan – For working professionals with over 2 years of work experience.

• Balance Transfer on existing Education Loan- for existing education loan payers to revisit your loan charges

Documentation required for Education Loans in Delhi

Documents mentioned as under are mandatory both for the applicant as well as the co-borrower to apply for education loans in Delhi:

1. Identity Proof - Pan Card, Passport, Voter ID, DL, Adhaar Card, etc. 2. Residential Proof – Passport, Bank Account Statement, Adhaar Card, Voter ID, Telephone Bill, Electricity Bill, etc 3. Signature Proof – Banker’s Signature Verification, Passport, Pan card, DL, etc
Eligibility factors to ensure your application is accepted

1. You should be a Resident of India
2. You must have co-applicant who would be your guarantor
3. You should have passed Secondary School Education
4. For the bank to disburse the education loan amount in your account your admission needs to be confirmed by the university/ institute you wish to join.
5. Other factors that may affect your eligibility are a good academic record, your co-borrowers capacity to re-pay the loan.

How and where to apply for Education Loans in Delhi

• Applying for an education loan is now an easier and hassle-free process with Letzbank.
• All you will have to do is to logon to letzbank and apply for education loan.
• You are suggested to use our tools and services will help you design your EMI and know about your loan status at various stages through a graphical representation.
• Once you submit your application online we will arrange for you, the choicest education loan.
• All you need to do is to simply signup on the website, submit your application for education loans online and enjoy our services “Free of Cost” for all our online applicant and customers.