Archives: FAQs

What is a car loan?

A car loan is a borrowing instrument that a lender such as a bank or NBFC (non-banking financial company) provides an individual allowing him/her to purchase a car. Car loans have gained popularity in recent times as instead of being a luxury item or a symbol of status, cars have grown to become an essential […]

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What documents does the lending bank ask for?

Documents that are to be submitted with the education loan application include: · Admission confirmation letters and papers validating any scholarships the applicant has qualified for. · Schedule of expenses for the course including tuition fees and other expenses. · Score sheet of qualifying test(s). · Copies of foreign exchange permit/student visa for overseas studies. […]

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