Belagavi District Central Co-Operative Bank LTD.
Telephone : 0831-2466896 Fax : +918312425803
 

 

DOCUMENTS REQUIRED FOR EDUCATION LOAN (TECHNICAL AND MEDICAL COURSES):

Introduction

Our Rural area needs educated manpower. Lending for the purpose of education has attained a national priority. It should be our Endeavour to extend financial help to promising students from Rural area in the pursuit of their education


Eligibility Conditions:-

  1. Letter of admission from the college.
  2. Proof of admission to the course (Fee receipts, Transfer Certificate obtained from the institute
  3. Photo copy of mark sheet of the applicants latest qualifying public exam for college.
  4. CET ranking Certificate.
  5. Duly filed and signed loan application form.
  6. 2 recent passport size photographs.
  7. Statement of cost of study.
  8. PAN Card, AADHAR Card of student and parent/guardian.
  9. Proof of identity and proof of residence.
  10. IT returns of previous two years of the co-borrower.
  11. Statement of assets and liabilities of parent/guardian.
  12. Proof Income of parent/guardian.
  13. LIC Policy and Property Extract to be obtained of borrower, parent/guardian and bank Lien is to be noted.
  14. The Loan is to be repaid in 4 years after one year of completion of course or six months after getting the job whichever is earlier.
  15. Loan is to be advanced only to merit student (CET ranking not below 5000).
  16. Photo copies of mark sheet for every year to be obtained till the completion of course.
  17. Borrower and both the sureties to be nominal members of the bank.
  18. Rate of Interest is 12%.

 


Get In Touch

Near Central Bus Stand,
Old P B Road,
Belagavi, Karnataka 590016

0831-2466896

©2021. All Rights Reserved.     Website updated: 27-10-2021

     Privacy Policy