What is proof of income in an education loan?
Asked by Kanika Shukla
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1 Answer
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Here is the list of financial documents required to apply for the loan:
For Salaried Applicants or Co-applicants
- Salary slips (last 3–6 months)
- Bank statements (last 6–12 months)
- Income Tax Returns (ITR) or Form 16 (last 2–3 years)
- Employment verification letter
For Self Employed Applicants or Co-applicants
- Business financial statements (Profit & Loss statement, Balance Sheet)
- Bank statements (last 6–12 months)
- ITR filings (last 2–3 years)
- GST returns or business registration documents
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