Updates:
Education Loan
Brahmadeodada Mane Sahakari Bank Ltd.,Solapur LTD. Solapur Bank's Education Loan aims to provide the much needed financial support to deserving students for pursuing higher professional or technical education in India and abroad in INR only.
The education loan would be provided to those students who have obtained admission to career-oriented courses e.g. medicine, engineering, management etc., either at the graduate or post-graduate level.
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Simple procedure, minimal documentation and quick approval
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Approved courses offered in India by reputed foreign universities.
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Admission under Management Quota may also be considered.
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For studying part-time job oriented courses (evening classes or otherwise), which are approved/recognized by the regulatory body/ authority.
Education Loan Required Documents
Basic documents required for Education Loan.
- Should be Member or Nominal Member of our Bank
- Should have secured admission to a higher education course in recognized institutions in India or Abroad through Entrance Test/ Merit Based Selection process after completion of HSC (10 plus 2 or equivalent) or Where the admission is purely based on marks scored in qualifying examinations, there is a cut off percentage of marks for SC/ST and for General category.
- Letter of admission in professional, technical or vocational courses.
- Proof of having cleared last qualifying examination.
- Other courses leading to Diploma/ Degree etc. conducted by colleges/ universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc.
- Requirement of other documents will be advised as per necessity of proposal.
Terms and Conditions
- Student should be applicant and if he is minor his parent will be co-applicant.
- Income proof and employment/business proof of applicant/co-applicant is must.
- Two sureties are mandatory.
- Income proof and employment/business proof of two sureties is must.
- Fee Quotation and other expenses is to be submitted by applicant.
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