FEATURES

ELIGIBILITY

FEES & CHARGES

DOCUMENTATION

Pre - Sanction


DescriptionDocuments 
AcademicInstitute Admission Letter with Fee break-up
 SSC,HSC,Graduation Marksheets
KYCAge Proof
 Signature Proof
 Identity Proof
 Residence Proof
Income DocumentsSalaried
 Latest 2 Salary Slips carrying date of joining details
 Latest 6 Months Bank Statement of the Salary Account.
 Self Employed
 Last 2 Year ITR with Computation of Income
 Last 2 Years Audited Balance Sheet
 Last 6 Months Bank Statement
 Proof of Turnover (Latest Sales / Service Tax Return)
 Self Employed – Professional
 Last 2 Year ITR with Computation of Income
 Last 2 Years Audited Balance Sheet / P& L
 Last 6 Months Bank Statement
 Proof of Qualification
OthersCompleted Application Form
 Latest Photograph (Signed Across)

Post-Sanction


DescriptionDocuments required for subsequent
Loan AgreementCompleted Loan Agreement to be Signed by Applicant and Co-applicant *
Repayment InstructionsPDCs /ACH or SI Mandate
3 Security PDCs in case of ACH and SI mode of repayment

 

* Stamp duty to be paid by the customer as per the relevant state laws

 


Documents subsequent disbursements at your nearest Retail Assets Customer Service Center (CSC)

  • Disbursement Request Letter for tranche disbursement duly signed by the customer
  • University Fee Demand Letter
  • Applicant's Academic Progress Report (Previous Semester)
  • Fresh repayment instructions in case of full Post Dated Cheque (PDC) or swap of existing repayment instructions.
  • Copy of the payment receipt of the previous disbursement / semester, issued by the Institute.