Educational Loan

GS Mahanagar Bank aims to provide financial assistance to eligible and needy students who want to pursue higher education in India or abroad.

  • Students who have secured admission to higher education course in recognized institution in India or Abroad. (Parent to be co-applicant).
  • Higher Educational.
  • 84 monthly installments inclusive of Moratorium period.
  • Rs 30.00 Lakh
  • Collateral security in the form of Immovable Property.
  • Minimum two Sureties out of which one should be an income tax payer.
  • The borrower and all the sureties should be Regular members of the Bank.
  • Loan application.
  • Residential proof, Pan Card, Aadhaar card of Applicant and sureties.
  • Income proof of Applicant, Co-Applicant and sureties.
  • Proof of Admission of Recognized Institutions.
  • Any other document required by bank.