Student Bank Loan

It is important to submit the correct documents in order to get your education loan approved quickly and smoothly. The documents required for such a loan may vary from bank to bank but generally range from identity proof and address proof documents to income proof (of parents in case of students or self in the case of salaried individuals) and educational certificates. It is crucial to get in touch with your bank and obtain the complete list of documents required before you start the loan application process but here's some general information that will also be helpful for you.

It is crucial to get in touch with your bank and obtain the complete list of documents required before you start the loan application process but here's some general information that will also be helpful for you.

The list of documents that must be submitted in case you are availing yourself of a loan from HDFC Bank are mentioned below:

Before Sanction

1. Educational Certificates and Admission Documents
   • Mark sheets/passing certificates of SSC, HSC or Degree courses
   • Copy of admission letter of the institute
   • University provides proof of admission to course [ Offer Letter/ Admission Letter/ ID card if available]
   • University provides Schedule of expenses for course/ Fees schedule of the institute
2. KYC Documents
   • Proof of address
   • Proof of identity
   • Proof of signature
   • Proof of age
3. Income Proof Documents
   • Bank statement for the last six months (salary account)
   • Last two months salary slips carrying date of joining
   • Proof of turnover
   • Audited Balance Sheet for the last two years
   • Income Tax Returns (ITR) for the last two years
   • Qualification proof
   • Bank statement for the last six months
   • Audited Balance Sheet for the last two years
   • Income Tax Returns (ITR) for the last two years
4. Application Form
5. Photograph (passport-sized)

After Sanction

• In the case the mode of payment is SI and ACH, 3 Security PDCs must be provided
• ACH/PDCs or SI mandate.
• The applicant and co-applicant must submit the completed loan agreement that is signed

Any other documents that have been requested by the bank must be submitted as well.

When you have put together all these required documents in place, you can be assured that your loan application process will be smooth and hassle-free.