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(BOND FOR AMOUNT MORE THAN 5 LAKHS) BOND EXECUTED BY A STUDENT TOGETHER WITH HIS/HER PARENT / GUARDIAN TO AVAIL THE INTERESTFREE LOAN FOR HIGHER EDUCATIONWe, Mr. / Ms. ___, son/daughter of Mr.___
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Research and compare different education loan options available from various lenders.
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Check the eligibility criteria for the education loan such as age, income, academic record, etc.
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Gather all the necessary documents required for the loan application such as proof of identity, address, income, academic records, etc.
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Who needs can an education loan?

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Students who are unable to afford the high cost of education on their own.
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Parents who want to support their children's education but lack the necessary funds.
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Individuals looking to pursue higher education or professional courses to enhance their career prospects.
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An education loan is a financial product that helps students pay for their education expenses, including tuition, fees, and living costs.
Students who wish to apply for financial assistance to cover educational costs are required to file for an education loan.
To fill out an education loan application, gather necessary documents, such as identification and income information, then complete the application form provided by the lender.
The purpose of an education loan is to provide financial support to students so they can afford the costs of their education and related expenses.
Information that must be reported includes the applicant's personal details, financial information, school details, and the amount being requested.
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