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Education Loan

AIT strives to help every deserving student in need of financial assistance. We encourage students to apply for educational loans at Bank of Baroda, with the required supporting documents.

Application form for Loan Demand Letter

Educational Loan Documents Checklist:

1. Application form

2. Photograph of applicant (5)

3. Address proof of applicant

4. Age proof of applicant

5. Admission letter in applicants name

6. Institute’s fee structure details

7. Proof of past academic record of applicant

8. Business/Employment details of guardian

9. Guardians photographs, address proof, salary certificate, I.T. return (Form 16 for past 3 years)

10. *Guardians/Guarantor’s Form 135 with supporting documents

11. *If guarantor is other than guardian documents listed in point 9. required for guarantor.

12. *Guarantor’s photocopy of bank passbooks/statement

13. *Documentation for securities like mortgage of property/NSC/KVP/FDR/LIC standing in name of

14. Affidavit that no loans have been availed from other banks in the applicant’s name.

Note : A guarantor is required only for educational loans exceeding Rs. 4 lacs.