Author: Arun Kumar  Rajamani


  • 12th standard mark certificate
  • Caste certificate
  • Need to show property worth 3 lakhs.
  • Letter from advocate with signature
  • PAN Card
  • Students need to have bank account where they going to get loan. Student need to have individual account and should be joining with parents account. This is needed because your loan given at parent guidance.
  • Recommendations letter from higher authority (this may speed up loan procedure)

Documents need to submitted to Bank:

  • Mark Certificate – 12th standard (Xerox)
  • Aadhar Card – Xerox
  • PAN Card both student and Father (Xerox)
  • Ration Card (Xerox)
  • Caste Certificate (Xerox)
  • Income Certificate
  • Students from Tamil Nadu need to show First graduate proof, to get special preference from government
  • College Letter with principal signature with seal
  • Advocate letter with signature
  • Students from Tamil Nadu need to have Employment Card (Xerox)
  • Passport size photos both Father and Student (20 copies)
  • Bonafide certificate from college (fees structure)

These documents should be submitted to bank, if you don’t have any of these, apply to concern department and get it as soon as possible because without these your application for bank loan won’t be processed.

Third Step:

After submitting required documents to bank, bank will review the documents and hopefully you will get loan within one or two month’s time. Bank will sanction education loan for four years but you will be paid each year fees in demand draft.

Next year, you need to produce first year mark certificate to bank, you will be given second year fee in demand draft and continues for third and fourth year.

Demand draft will be given to students and should be submitted to college, college will drop the DD in their bank account.


There are few banks which do well for students by giving educational loan.

  • Indian Overseas Bank
  • Canara Bank
  • Corporation Bank
  • State Bank of India
  • Indian Bank

Each bank branch can give educational loan for 20 students from same college; other students need to approach nearby bank.

Students from Andaman and Nicobar Islands

Procedure is almost same but you need to show property such land, house to get loan. If parents are working in government sector, it’s easy to get loan for students.

When students need to repay loan to Bank??

After completing their studies, students will work and earn, from that period they can repay the loan money to bank without interest.

Indian government is helping students to get educational loan for their higher studies. Procedure to get educational will be same for engineering, arts and science, medical, nursing students and other. Nursing students can get loan, if they know proper procedure to approach and produce require documents to bank. Most students don’t know the procedure, struggle to cope with bank rule and regulations. Only few nursing colleges are helping students to get loan to larger scale, so we decided to give detailed idea about educational loan for nursing students and what kind of documents and requirements needed, to make it easy journey to get loan in short period of time.

First Step:

Students need to write a request letter to get educational loan from bank. When students give request letter to bank, loan procedure starts, bank manager look up your request, start his process and explain details about loan and its rules and regulation.

Second Step:

Students need to have list of requirements that should be submitted to bank.

How to Approach Bank for Education Loan? Simple guide for nursing students to get easy educational loan within two months