Accounts Knowledge Hub

Finance, Taxation and All Statutory Information For Everyone

Accounts Knowledge Hub

Finance, Taxation and All Statutory Information For Everyone

AuditBank Audit

Bank Audit Checklist for Educational Loan

Bank Audit Checklist ~ Educational Loan

1.  Loans are granted to borrowers residing NEAR THE BRANCH.
2.  Guardian/parents’ profile with Photographs, ID & Address proof.
3.  Copy of mark sheets & certificates of the student.
4.  Documents should be self attested & verified with original.

5.  CIBIL of guardian/parents. 
6.  Students pursuing their studies in affiliated universities/colleges ONLY. 
7.  Prospectus & Fee details. 
8.  Loan quantum is restricted to 10 % of the total tuition fee of the entire course. 
9.  If the student is a minor, is the loan granted only to the parent/guardian and 
     undertaking letter obtained from the minor on attaining majority? 
10.Yearly progress reports/ course completion certificate/ employment details are 
      obtained.