• Attractive Loan Schemes at
    Arvind Sahakari Bank

Education Loan

OVERVIEW

With ARVIND SAHAKARI BANK student education loans, pursue your dream higher studies without worrying for financial assistance.

We provide student education loans for all Graduate, Engineering, Medical, MBA, Vocational Courses offered by recognized institutions in India. No more running from pillar to post for availing student loans! Our friendly sales managers will guide you in every step to make your dreams into reality.

FEATURES & BENEFITS

You can enjoy the benefit of your securities and still avail a loan on the same.

  • Student Loan upto Rs. 10 Lakhs for education in India.
  • Wider Range of Collateral for Loans Above INR 7.5 Lakhs
    • Residential property
    • ARVIND SAHAKARI BANK Fixed Deposit.
    • LIC/NSC/KVP
  • Loan available upto tenure of 7 years including moratorium period.
  • Repayment to start 1 year after course completion / 6 months after obtaining employment (whichever is earlier)
  • Loans available for short duration/ job oriented courses also
  • Avail the tax offered under section 80-e of the income tax act ** 1961 for the entire interest amount paid on your education loan.

Loans available for other course related expenses also!

Period Interest Rate End Use
Course Duration plus 3 months moratorium 10.00% P.A.
0.50% rebate available in case of HNI / CIC rated clients 		For Student only For Education Purpose Parents as Joint Borrower

REQUIRED DOCUMENTS

Eligibility

  • Regular Member

    • KYC Document

  • Passport Size Photo
  • Pan Card
  • Aadhar Card
  • Ration Card / Passport / Electricity Bill
  • Election Card

    • Income Proof
    (Whichever is applicable)

  • 3 Months Latest Salary Slips.
  • Form No. 16 and Bank Statement for last 6 months.
  • 3 years Balance Sheet with Profit & Loss.
  • ITR returns last 3 years.
  • Bank account statement if any.

    • Guarantors/Co-Borrowers Documents – 2
    (Whichever is applicable)

  • 2 Passport size photo
  • Pan Card
  • Aadhar Card
  • Ration Card / Passport / Electricity Bill
  • Election Card
  • Latest Salary Slips / Form No. 16.
  • Latest ITR with Balance Sheet with Profit & Loss

    • Other Document

  • Student Educational Documents.
  • Collateral Security Documents.

    • For more details please call on :

    Branch Contact Person Mobile No.
    KATOL
    07112-222710     		MR. RAJENDRA CHAVAN
    MR. ANIL GAWANDE
    MR. MUKESH NASARE     		9422827839
    9923859092
    9823697911
    DIGDOH, NAGPUR
    07104-232700     		MR. J.K.S.N. RAO
    MR. ABHAY SHINGNE
    MRS. PRIYANKA LAMSONGE     		9689156777
    9823427677
    9970810148
    Branch Contact Person Mobile No.
    KAMPTEE
    07109-299185     		MR. LALIT WANJARI
    MR. DINESH BHAJAN
    MR. YOGESH BHANGE     		7218710045
    9823697911
    9922308396
    Branch Contact Person Mobile No.
    SAONER
    07113-234451     		MR. MANISH HEDAOO
    MR. PANKAJ THAKRE
    		 9975035175
    9404305983
    GANDHIBAG,
    NAGPUR
    0712-2733312     		MRS. VAISHALI MOUNDEKAR
    MR. MOHIT WANKHEDE
    MRS. CHETANA NIGHOT     		9822698619
    9028948832
    9371244996
    Branch Contact Person Mobile No.
    WARUD
    07229-234142     		MR. CHHATRAPATI SHELKE
    MR. NILESH BANSOD
    MR. VAIBHAV DEOGHARE     		9922787979
    9860490948
    9423603349
    AMRAVATI
    0721-2567656     		MR. PRASHANT BAKRE
     
    MR. SACHIN MUDDAMWAR
    MR. ASHISH KUHITE     		9404305983
     
    8830582473
    9309151607