What is Credit / CIBIL Score?
Credit / CIBIL Score is a three-digit numeric summary of your credit history found in the CIBIL Report. CIBIL score will be in the range of 0 to 900. Banks check your CIBIL score before approving your loan.

Know what your score indicates

CIBIL Score between 0 or -1: If your score is 0 then it just means that you have no credit history created via a credit card or loans.

CIBIL Score between 300 – 600: This is a real poor credit score. It means you have been defaulting on payments and the chances of getting new loans/credit cards are minimal.
As such you should not miss your EMIs and should focus on payment of credit card dues well on time!

CIBIL Score between 600 - 750: You are on the right path. You will not face any problem while getting the loans or credit cards issued. Banks will be ready to offer you a line of credit for sure!

CIBIL Score between 750 - 900: This range indicates that you are regular with loan EMIs and credit payments with a really good payment history. Banks consider these people with high priority. You may get too many loan offers and at attractive rates of interest along with several Credit Card offerings!

• Offer Letter/Admission Acceptance Letter from the University / College
• Prospectus of the University or copy of online course details
• Details of University World Ranking
• Recognition of the University/College by competent authority WHED
• Letter of Consent, in case of pre-disbursement of loan
• Statement of cost of study/ Schedule of expenses for the entire duration of the course
• Receipt of Tuition fees paid to the University (If any)

• Academic Documents
- 10th & 12th Marksheets with Diploma Certificate (If any)
- Marksheets of Graduation along with Provisional / Degree Certificate
- Standardized Test Scores as applicable (GRE/ GMAT/ ACT/ SAT/ IELTS/ TOEFL/ PTE, etc.)
- Work Experience Certificate (If any)
• Photocopy of the first and the last page of the Passport
• Photocopy of PAN Card and Aadhar Card of the Student
• Photocopy of Student Visa & Air Ticket (At the time of Disbursement)

1. In case of Salaried Persons:
-Income Tax Returns and Form No. 16 of last 2 years
-Salary slips of last 3 months
-Appointment / Promotion Letter along with copy of Employee Identity Card
-Bank Account Statement of last 6 months (Salary / Personal Account)

2. In case of Business Persons:
-Income Tax Returns, Balance Sheet, Profit & Loss Account, Computation of Income of last 2 years
-Bank Account Statement of last 6 months (Personal and Business Account)
-Business Proof – Registration Certificate / GST Registration Certificate

3. In case of Agricultural Income:
-Income Certificate for the last 2 years issued by Tahsildar / Mandal Revenue Officer / A Revenue Department Officer having State Level Gazetted rank

4. PAN Card and Aadhar Card

Photocopies as well as originals of
• Sale Deed (Registered)
• Mutation in the name of the present property owner
• House Tax Receipt (Latest) in the name of the present property owner
• Electricity Bill (Latest)
• Sanctioned Map of the property
• Deed of Declaration / Apartment (in case of Flat)
• Power of Attorney (if any in case of Flat)
• Building Permission Letter (in case of Flat)
• Lease Renewal Deed and NOC (No objection certificate)
• Society Registration Certificate and Occupancy Certificate (OC) (If applicable)
• Non-Agriculture (NA) Certificate & RL Order
• Demarking (Boundary wall / Fencing) (in case of open plot)
• Photocopy of the WILL in case of grandparents’ property

Note:
-Agricultural land is not considered by banks for Education loan
-Gram Panchayat property is also not considered by the banks unless supported by Town Planning approvals.
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