ICICI Bank Education loans are provided by the bank in order to help students to pursue higher studies in India and abroad.
The primary and basic objective of education loan is to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. Educational loan differs from other loans in interest rates, repayment schedule, etc.
Applying for the educational loan was a complicated thing in past, but now the technology and bank accessibility made it easy.
Documents Required for ICICI Bank Education Loan:
Completed loan application form
Collect loan application form from any ICICI bank branches. You can also get it online from ICICI official website. Collect the form and fill all the details carefully. Student Loan: 8 Things To Check Before Availing Loan For Education
Documents for proof of age
Along with the application form you need to submit the document to the bank which will certify your age. You can submit your birth certificate. Take a photo copy of your birth certificate and put your sign on it to make it self-attested. Without your signature, it will not be considered as valid proof.
ID Proof documents
You should submit documents for ID proof. For Identity Proof you can submit following documents,
- Aadhaar Card
- Passport
- PAN Card
- Voter ID Card
- Certificate of address having Photo issued by MP/MLA/Group-A Gazetted Officer in letter head.
- Certificate of address with photo from Govt. recognized Educational Institutions.
- Ration Card
- Driving License
- Arms License
- Certificate of photo identity issued by Village Panchayat head.
- Current passbook of Post Office or any scheduled Bank with your Photo on it.
Address Proof Documents
For address proof documents you can submit the following documents,
- Voter ID Card.
- Certificate of address having Photo issued by MP/MLA/Group-A Gazette Officer in letter head.
- Certificate of address with photo from Govt. recognized Educational Institutions.
- Aadhaar Card
- Ration Card
- Notarized Sale or lease Agreement
- Current passbook of Post Office or any scheduled Bank with your Photo on it.
Photographs
The applicant needs to submit passport sized photographs to the bank along with the application form.
Marks sheets, income proof
You have to submit photocopies of marks sheet of your highest qualification to the bank. Along with this, you need to submit ITR of parents or guardians of the loan applicant.
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