Welcome to
Invest in Education. Invest in the Future.
An Education Loan from Pravara Sahakari Bank helps students achieve their academic dreams without financial burden. Whether pursuing higher education in India or abroad, we provide timely financial assistance to cover tuition fees and other related expenses.
🎓 Key Features
✅
Loan for Higher Education in India & Abroad
✅ Attractive & Competitive Interest Rates
✅ Flexible Repayment Tenure
✅ Moratorium Period (Course Period + Grace Period, as per norms)
✅ Simple Documentation Process
✅ Quick Processing & Disbursement
✅ Rate of Interest - 12%
✅ Guarantor - 2 (Property Holder)
✅ Membership - A Class with 2.5% shares of sanctioned amount
✅ Security - Property of applicant
Expenses Covered
⇒ Tuition Fees
⇒ Examination / Library / Laboratory Fees
⇒ Hostel & Accommodation Charges
⇒ Books, Equipment & Study Materials
⇒ Travel Expenses (for overseas education)
⇒ Other Course-Related Expenses
👨🎓 Eligibility Criteria
⇒ Indian Students with Confirmed Admission to Recognized Institutions
⇒ Courses: Graduate, Postgraduate, Professional & Technical Courses
⇒ Co-applicant (Parent / Guardian) required
⇒ Satisfactory Academic Record
⇒ Those who want to seek admission for Graduation, post-graduation government approved courses.
📄 Documents Required
⇒ Admission Letter from Institution
⇒ Fee Structure
⇒ Identity & Address Proof (Student & Co-applicant)
⇒ Academic Records (Mark Sheets / Certificates)
⇒ Income Proof of Co-applicant
⇒ Passport & Visa (for overseas studies, if applicable)
⇒ Bonafide Certificate, fee structure, Last Year passing certificate
⇒ Admission letter from institute
⇒ Property abstract of applicant with search & valuation
⇒ No Dues Certificate
⇒ Economical statement
🌟 Why Choose Pravara Sahakari Bank?
⇒ Trusted Cooperative Banking Institution
⇒ Student-Friendly Loan Schemes
⇒ Transparent Terms & Conditions
⇒ Personalized Guidance & Support
⇒ Hassle-Free Processing