#1
May 10th, 2016, 04:23 PM
| |||
| |||
HSBC MBA Loan
Hi buddy I want to apply for HSBC Educational Loan for MBA study so can you plz tell me about documents requirement for the same ??
|
#2
May 10th, 2016, 04:24 PM
| |||
| |||
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. |
|