Check List to Educational Loan proposals under IBA Scheme for studies in India/Abroad

Sl For studies Whether

No Particulars For studies in India Abroad furnished

1 2 3* 4 5

1. Proof for Xerox copies of Ration Card or Voters Same as in

residence Identity Card or Passport or Electricity or Col.3*
Telephone bill or any such document Yes/No
acceptable to the bank.
2. Academic record Copy of the X th std / XII th std mark list, Same as in
for under graduates. Degree mark list / Col.3 * Yes/No
provisional certificate for post graduates.
3. a. Date of SSLC / TC / Mark list. Same as in
birth/age Community certificate Col.3 * Yes/No
b. Community besides
(for statistical purpose Passport.
only)
4. Income certificate from competent Same as in
Family income authority notified by State Government Col.3 *
Yes/No

5. Admission Admission letter / Bonafide student Certificate / I

certificate from the College/University. 20 from the
Yes/No
College /
University.
6. Fee structure / Letter / Certificate from the College/
Approval of University/ Affiliation/ Accredition details Certificate / I
institution 20 from the
of the institution Yes/No
College /
University.

7. Passport / VISA Not applicable Copies to be

enclosed. Yes/No

8. Co-obligation/ Parent’s / Guardian’s Co-obligation / Same as in

Guarantee Guarantors details to be furnished. Col.3 * Yes/No

9. Collateral, LIC policy / Share certificates / Units of

wherever required UTI etc..
In case of land/ building, valuation
Same as in
certificate from Bank’s approved panel Yes/No
Col.3 *
valuer and legal opinion from Bank’s
panel advocate will be obtained by the
branch directly.
10. Margin (Above Details regarding source of funds for Same as in
Rs.4.00 lacs) meeting the margin furnished along with Col.3 *
For studies in documentary evidence.
India : 5% Yes/No
For studies
abroad : 15%
11. Declaration / Available in the loan application and to be Same as in
affidavit stating signed by the student borrower and Col.3 *
that no parent.
Educational Loan
Yes/No
is availed from any
other bank by the
applicant and his
parent
12. Documents to be (a) A & L of the student/ parent/ Same as in
enclosed guardian / guarantor Col.3 * Yes/No
(b) Details of securities as in Col.9

Co-applicant/Guarantor:
1. 2 Passport size photographs
2. Address Proof
3. ID Proof
4. PAN & Aadhar Mandatory
5. Proof of Income