Eligibility Criteria for Education Loan

May 27th, 2009  | Published in General Awareness








PSU banks have set eligibility criteria for education loans. Here are some of the important prerequisites. A loan applicant:

  • Should be an Indian National
  • Should be aged between 16-26 years of age or any other range specified by the bank.
  • Should have a good academic track record.
  • Should have parents or guardians with stable source of income.
  • Should have applied to a recognized university in India or Abroad.
  • Should not be a minor.

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