Get Takeover Of Education Loans Online in India | SBI - Personal Banking

Eligibility

• Loan to be a fresh (first-time) takeover
• The student-borrower should be a major at the time of switch over
• The loan should have been fully disbursed at the time of takeover
• Repayment should have been started & EMIs are regular in the books of other Bank/Financial Institution

Documents Required

• Completely filled-in Loan Application Form
• 2 passport size photographs
• PAN Card of the student and Parent/ Guardian / other co-borrower
• Aadhaar Card of the student and Parent/ Guardian/ other co-borrower
• Proof of Identity (Driving Licence/Passport/Aadhaar/ any other acceptable photo identity as per KYC norms)
• Proof of Residence (Driving Licence/Passport/Electricity bill/Telephone bill)
• bank account statement of the Student/Co-borrower/Guarantor,for the last 6 months
• IT return/ IT assessment order, pertaining to previous 2 years, of Parent/ Guardian/ other co-borrower (if IT Payee)
• Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower
• Proof of Income (i.e. salary slips/ Form 16) of Parent/ Guardian/ other co-borrower

•  * Terms & conditions apply