Overseas education loan activity presented by the SBI Education Loan, SBI Global Ed-Vantage is solely given to students selecting to full-time normal courses at unfamiliar colleges and universities. Contingent on the course and the Institute of decision, the credit amount fluctuates from Rs. 20 Lacs up to Rs. 1.5 crore.
Here is a rundown of records that the student candidate/Co-candidate is needed to submit alongside their appropriately filled-in Loan Application Form for the effective thought of their Education Loan application from SBI:
I) Student-candidate:
- Evidence of Identity (any one): Passport/Driver’s License/PAN/Voter ID card
- Verification of Address/Residence (any one): Recent duplicate of Electricity Bill/Water Bill/Telephone Bill/Piped Gas Bill or a duplicate of Passport/Driving License/Aadhaar Card with comparable location
- A legitimate Passport to be compulsorily submitted
- Academic Records for tenth and twelfth results
- Graduation Result-Semester-wise (if appropriate)
- Placement test Result through which affirmation has been made sure about (for example IELTS, GMAT, GRE, TOEFL, and so on)
- Offer Letter or Admission confirmation letter from the desired Institution. A contingent affirmation letter can likewise be considered must be given as verification of confirmation
- Accommodation of Schedule of costs/Statement of cost of study
- 2 identification size photos
- If any past credit from different Lenders/Banks, at that point Loan A/C explanation for most recent 1 year
II) Co-candidate:
- Evidence of Identity (any one): Passport/Driver’s License/Voter ID card/PAN
- Confirmation of Residence/Address (any one): Recent duplicate of Telephone Bill/Electricity Bill/Water Bill/Piped Gas Bill or a duplicate of Passport/Driving License/Aadhaar Card with comparable location
- Visa size photos
- On the off chance that any past credit from different Banks/Lenders, at that point Loan A/C proclamation and subtleties for most recent 1 year
III) Income Proof for Salaried Co-candidate/Guarantor:
- Compensation Certificate or Salary Slip of the most recent 3 months
- Duplicate of IT Returns for the last 2 money-related years or Copy of Form 16 throughout the previous 2 years, recognized by IT Dept.
- Financial balance proclamation throughout the previous half-year (in the event of Salary Account)
IV) Income Proof for self-utilized Co-candidate/Guarantor:
- Work address proof (If pertinent)
- IT returns for most recent 2 years (if Income Tax payee)
- TDS Certificate (Form 16A, if appropriate)
- Testament of capability (for Doctor/C.A. also, different callings)
- Financial balance articulation throughout the previous half-year
