Educational Loan Assistance

Educational Loan Assistance

We offer Bank loan assistance, all through the way, from loan application to documentation to liaison with private and national banks to ensure you have a hassle-free education loan to meet tuition and living expenses overseas.

We at Bluechip Choice understand that majority of students who want to pursue foreign education require bank loans, availing them, at times becomes a nightmare for both parents and students with the endless number of visits to the bank, furnishing of various documents etc., which take a heavy toll on their psyche. It is often observed that many fail in the attempt, not because they are ineligible but simply because they are not properly guided. This is where our bank loan assistance comes in handy. We at Bluechip Choice provide credible advice, assistance in education loans. We have close tie-ups with banks that readily offer loans to students who plan to Study Abroad.

Eligibility Criteria for the Bank Loan

The eligibility criteria of the banks in India to obtain an educational loan.

  • The student seeking an educational loan should be an Indian.
  • The student should have secured admission to a professional/ technical course through an entrance test /selection program.
  • The student should have secured admission to a foreign university/institution.

Documents Required

  • Mark sheets of the last qualifying examination for school and graduate studies in India.
  • Proof of admission to the course.
  • Scheduling of expenses to the course.
  • Copies of letter confirming the scholarship.
  • Copies of foreign exchange permit, if applicable.
  • Two passport size photographs.
  • Bank statement for the last six months of the borrower.
  • Income tax assessment order not more than two years.
  • Brief statements of assets and liabilities of the borrower.
  • If you are not an existing bank customer, you need to establish your identity and prove residence.

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