Education Loan
JFG provides Education Loans for students looking to study in India and abroad. You can get a loan starting from Rs. 50,000 at attractive interest rates. Find out the education loan eligibility criteria for availing an JFG student loan.
Our presence across the country enables us to provide good service and a superior customer experience. Our decentralized lending approach makes our company more efficient, leading to faster processing, quicker turnaround and enhanced productivity.
The Education Loan will be provided to those students who have:
- Indian Citizenship
- Secured at least 50% marks during HSC & Graduation
- Who have obtained admission to career-oriented courses e.g. Medicine, Engineering,
- Management etc., either at the graduate or post-graduate level
- Secured admission in India or Abroad through entrance test / merit based selection process post completion of HSC (10 + 2)
Documents for Education Loan for all other Individuals
- KYC documents
- Pass Book / Bank Statement of last 6 months
- Optional – Guarantor Form
- Copy of admission letter of the Institute along with fees schedule
- Mark sheets / passing certificates of S.S.C., H.S.C, Degree courses
Documents required for first disbursement documents required for the first disbursement
- Demand letter from college or university.
- Loan agreement signed by applicant, co-applicants
- Sanction letter signed by applicant, co-applicants
- Disbursement request form Receipts of margin money paid to the college/university along with bank statement reflecting the transaction signed by applicant, co-applicants
- Documents for collateral security (if applicable
- Form A2 signed by applicant or co-applicants in case of overseas institute.
Documents required for subsequent disbursement
- Demand letter from college or university
- Disbursement request form signed by applicant, co-applicants
- Receipts of margin money paid to the college/university along with bank statements reflecting the transaction
- Exam progress report, mark sheet, bonafide certificate (Any one)
- Form A2 signed by applicant or co-applicants in case of the overseas institute.
- For Terms and Conditions, please contact the D.M.A. TFL.
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