IDBI Bank Students Personal loan

IDBI Bank's student loan is designed to empower students aiming for higher education in India and overseas by offering them the necessary financial support. Understanding the importance of education and the impact of financial barriers on academic pursuits, IDBI Bank instant student loan provides a comprehensive suite of services to ensure students can access quality education without financial strain. The loans come with attractive interest rates, making them an appealing option for many. With flexible tenure options, students and their families can plan repayments according to their financial capacity, easing the burden of immediate repayment. IDBI Bank also offers unique features, such as the takeover of existing education loans, providing a streamlined way to manage financial commitments more efficiently. 

IDBI Bank Personal Loan for Students – Highlights

Here is a rundown of highlights about IDBI Bank instant loans for students.

Compare IDBI Bank Student Loan from Other Bank

Here’s a quick snapshot of IDBI Bank student instant loan comparison with other banks and NBFCs. 

IDBI Bank Student Personal Loan Online – Fees & Charges

Take a look at the fees & charges for IDBI Bank personal loans for students. 

IDBI Bank Student Personal Loan Documents Required 

The following documents are required for IDBI Bank education loans for students:- 

• Age Proof, Identity, and Address Verification using Officially Valid Documents as per KYC standards.
• Academic Transcripts from Class 10 onwards, including results from the entrance examination.
• Evidence of secured admission: Offer or Admission Letter from the educational institution.
• Detailed breakdown of course expenses.
• Passport-size photos.
• Information on any prior or current loans from banks or lenders.
• PAN Card and Aadhaar (required for government subsidy schemes).
• Security-related documentation, if needed.
• Additional documents as required by the Approving Authority.

IDBI Bank Student Personal Loan Eligibility

Take a look at the eligibility criteria for IDBI Bank Personal loan for students. 

• Applicant must be an Indian resident.
• Confirmed admission to accredited educational institutions in India or abroad is necessary.
• Pursuing an undergraduate/postgraduate degree or a postgraduate diploma.
• Admission must be secured in a college or university recognised by the UGC/AICTE/Government, etc.
• The co-applicant is required to have a stable source of income.
• A strong academic background aids in the swift processing of the loan.