Education Loan: Process: Overview
The education loan process is relatively simple. One can also apply for a loan online and get a loan sanctioned in principle. One can visit a bank branch for further formalities to be completed. The loan process is as follows:
- Filling in the loan application form.
- Personal Discussion.
- Provide validated supporting documents.
- Stage of loan approval or denial.
- Borrower's signature on a Promissory Note.
- Loan disbursal.
Education Loan: Process: Basics
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