2023 2024 EduVark > Education Discussion > General Discussion


  #2  
May 10th, 2016, 04:24 PM
Super Moderator
 
Join Date: Mar 2012
Re: HSBC MBA Loan

HSBC bank offered Educational Loan Scheme for higher study

Loan Components
The tuition fees component can go up to 100% of the total loan amount
The lodging & boarding component is a maximum of 40% of the total loan amount
The cost of books & equipment component is a maximum of 10% of the total loan amount
The estimate for boarding, lodging expenses and also the cost of books and equipment needs to be confirmed by the concerned school.

Documents required:
Completed loan application form with one passport size
An electronic confirmation of admission from school through GSLC
Break up of tuition fees, living expenses, expenses on books etc as issued by the university
Electronic confirmation through GSLC system of break up of tuition fees, living expenses, expenses on books, etc., as issued by the university
Beneficiary declaration form, where both co-applicant and applicant would confirm that they are okay with the loan being disbursed in favour of the university
Resident Indians - You will be required to present the following documents:
Proof of individual’s identity (any one of the following)
Passport*
Photo PAN card
Defence identity card
Voter's identity card
Driving license
Photo ration card
Government identity card
Proof of residence (any one of the following)

Passport*
Ration card
Telephone (land/mobile) bill
Electricity bill
Driving license
Society outgoing bill
Voter's identity card
Life Insurance Policy
*Only Passport can be used as both Proof of individual's identity and Proof of residence.
Proof of age (any one of the following)
Passport
Valid driving license
Voter's identity card
Birth certificate
School leaving certificate
LIC Policy or Premium receipt clearly indicating the applicant's age
Letter from the employer stating the age of the employee#
# Applicable only for employees of select Public Limited Companies. Conditions apply.
Financial documents
Salaried individuals
Latest salary slip showing statutory deductions AND Form 16 (Declaration from the employer giving the details of income and deductions, duly signed by an authorised signatory of the Company) OR
Latest acknowledged IT returns AND Bank statements for the last 3 months
Self-employed individuals / Proprietor
Computation of income for the last 2 years certified by a C.A. OR
P&L and balance sheet for the last 2 years certified by a C.A. AND
Copies of acknowledged IT returns for the last 2 years AND
Bank statements for the last 6 months
Terms and conditions apply. The above stated documentation is subject to change at the sole discretion of HSBC, India.


Quick Reply
Your Username: Click here to log in

Message:
Options



All times are GMT +5. The time now is 10:31 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
Content Relevant URLs by vBSEO 3.6.0

1 2 3 4 5 6 7 8